National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/28/2018

Past Market Reports

Report Date: 6/28/2018

LM_HG201
Des Moines, Iowa               Thu, Jun 28, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, June 27, 2018

Barrows and Gilts (Live and Carcass Basis): 417,731

                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                (FUT/OPT)** FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                 8,392   51,702   131,011   88,340      1,346  280,791
CARCASS BASE PRICE         80.24    77.77     81.00    82.18          *    80.76
AVERAGE NET PRICE          82.39    80.42     84.10    83.78          *    83.27
LOWEST NET LOT             74.04    63.05     71.02    71.38          *    71.39
HIGHEST NET LOT            88.06    92.84    105.79    97.19          *    98.67
AVERAGE LIVE WT           268.49   276.54    278.04   276.62          *   277.04
AVERAGE CARCASS WT        194.42   208.27    209.70   208.60          *   208.66
AVERAGE SORT LOSS          -1.97    -1.01     -1.26    -0.82          *    -1.10
AVERAGE BACKFAT             0.63     0.62      0.63     0.69          *     0.64
AVG LOIN DEPTH (LD)         2.25     2.59      2.68     2.52          *     2.61
LEA (LD Converted)          6.76     7.79      8.07     7.56          *     7.86
AVERAGE LEAN PERCENT       54.29    56.10     56.15    55.55          *    55.97
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,742
CARCASS BASE PRICE                81.61
AVERAGE NET PRICE                 84.33
AVERAGE OF LOWEST NET LOTS        81.42
AVERAGE OF HIGHEST NET LOTS       88.94
AVERAGE LIVE WT                  268.38
AVERAGE CARCASS WT               203.23
AVERAGE SORT LOSS                 -0.84
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.04
AVERAGE LEAN PERCENT              56.17
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      126,198
AVERAGE LIVE WT                  275.96
AVERAGE CARCASS WT               209.64
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.82 lbs carcass;  BF 0.64;  LD 2.59;  LEA 7.77;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $80.79
                    Wtd Avg Net Price        $83.31
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 28, 2018                      418,967
   June 29, 2018                      363,381
   June 30, 2018                       12,978
   July 01, 2018                       31,447
   July 02, 2018                      241,748
   July 03, 2018                      222,047
   July 04, 2018                       18,170
   July 05, 2018                      249,998
   July 06, 2018                      231,374
   July 07, 2018                       57,129
   July 08, 2018                       14,271
   July 09, 2018                      126,110
   July 10, 2018                      140,076
   July 11, 2018                      140,705
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,392        1,346        9,738
CARCASS BASE PRICE             80.24            *        80.24
AVERAGE NET PRICE              82.39            *        82.39
LOWEST NET LOT                 74.04            *        74.04
HIGHEST NET LOT                88.06            *        88.06
AVERAGE LIVE WT               268.49            *       269.27
AVERAGE CARCASS WT            194.42            *       194.42
AVERAGE SORT LOSS              -1.97            *        -1.97
AVERAGE BACKFAT                 0.63            *         0.63
AVG LOIN DEPTH (LD)             2.25            *         2.25
LEA (LD Converted)              6.76            *         6.76
AVERAGE LEAN PERCENT           54.29            *        54.29
(Packer Buying Programs)
--------------------------------------------------------------------------------
* Price not reported due to confidentiality. For more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

** Futures/Options

Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
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