National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/6/2018

Past Market Reports

Report Date: 7/6/2018

LM_HG201
Des Moines, Iowa               Fri, Jul 06, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, July 5, 2018

Barrows and Gilts (Live and Carcass Basis): 423,393

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

HEAD COUNT                 7,372   49,367   126,593   91,100      1,828   276,260
CARCASS BASE PRICE         77.54    79.00     79.30    80.55          *     79.61
AVERAGE NET PRICE          79.63    81.74     82.32    82.17          *     82.10
LOWEST NET LOT             71.39    71.36     57.68    71.95          *     70.29
HIGHEST NET LOT            84.40    88.04     95.90    95.78          *     91.58
AVERAGE LIVE WT           262.09   274.38    278.43   277.11          *    276.84
AVERAGE CARCASS WT        195.03   206.84    209.41   209.01          *    208.45
AVERAGE SORT LOSS          -1.67    -0.94     -1.15    -0.85          *     -1.03
AVERAGE BACKFAT             0.62     0.62      0.64     0.69          *      0.65
AVG LOIN DEPTH (LD)         2.18     2.61      2.68     2.56          *      2.63
LEA (LD Converted)          6.53     7.86      8.07     7.68          *      7.90
AVERAGE LEAN PERCENT       54.18    56.24     56.13    55.48          *     55.97
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,324
CARCASS BASE PRICE                80.37
AVERAGE NET PRICE                 82.85
AVERAGE OF LOWEST NET LOTS        76.90
AVERAGE OF HIGHEST NET LOTS       82.16
AVERAGE LIVE WT                  266.61
AVERAGE CARCASS WT               203.01
AVERAGE SORT LOSS                 -1.47
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.82
LOINEYE AREA (LD Converted)        8.48
AVERAGE LEAN PERCENT              57.15
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      136,809
AVERAGE LIVE WT                  274.63
AVERAGE CARCASS WT               209.17
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.53 lbs carcass;  BF 0.65;  LD 2.59;  LEA 7.80;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $79.64
                    Wtd Avg Net Price        $82.13
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 06, 2018                      408,768
   July 07, 2018                      117,892
   July 08, 2018                       33,132
   July 09, 2018                      346,874
   July 10, 2018                      360,561
   July 11, 2018                      356,680
   July 12, 2018                      353,349
   July 13, 2018                      316,972
   July 14, 2018                       24,732
   July 15, 2018                       17,783
   July 16, 2018                      129,344
   July 17, 2018                      139,632
   July 18, 2018                      135,326
   July 19, 2018                      134,933
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,372        1,828        9,200
CARCASS BASE PRICE             77.54            *        77.54
AVERAGE NET PRICE              79.63            *        79.63
LOWEST NET LOT                 71.39            *        71.39
HIGHEST NET LOT                84.40            *        84.40
AVERAGE LIVE WT               262.09            *       266.41
AVERAGE CARCASS WT            195.03            *       195.34
AVERAGE SORT LOSS              -1.67            *        -1.63
AVERAGE BACKFAT                 0.62            *         0.62
AVG LOIN DEPTH (LD)             2.18            *         2.22
LEA (LD Converted)              6.53            *         6.64
AVERAGE LEAN PERCENT           54.18            *        54.36
(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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