National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/12/2018

Past Market Reports

Report Date: 7/12/2018

LM_HG201
Des Moines, Iowa               Thu, Jul 12, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, July 11, 2018

Barrows and Gilts (Live and Carcass Basis): 415,596

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

HEAD COUNT                 9,908   48,439   123,834   92,514      1,719  276,414
CARCASS BASE PRICE         77.22    77.67     78.28    79.50          *    78.56
AVERAGE NET PRICE          78.35    80.56     81.27    80.90          *    80.92
LOWEST NET LOT             70.15    72.75     70.02    69.42          *    70.26
HIGHEST NET LOT            84.66    86.67     92.31    92.99          *    90.46
AVERAGE LIVE WT           267.58   275.36    276.54   275.49          *   275.63
AVERAGE CARCASS WT        199.56   208.22    208.91   208.05          *   208.18
AVERAGE SORT LOSS          -2.83    -1.19     -1.24    -1.01          *    -1.21
AVERAGE BACKFAT             0.65     0.60      0.63     0.70          *     0.64
AVG LOIN DEPTH (LD)         2.27     2.65      2.70     2.54          *     2.64
LEA (LD Converted)          6.82     7.97      8.11     7.65          *     7.94
AVERAGE LEAN PERCENT       54.08    56.44     56.28    55.58          *    56.10
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,613
CARCASS BASE PRICE                79.10
AVERAGE NET PRICE                 81.32
AVERAGE OF LOWEST NET LOTS        76.05
AVERAGE OF HIGHEST NET LOTS       82.84
AVERAGE LIVE WT                  267.88
AVERAGE CARCASS WT               200.45
AVERAGE SORT LOSS                 -1.68
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.04
AVERAGE LEAN PERCENT              56.21
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,569
AVERAGE LIVE WT                  271.20
AVERAGE CARCASS WT               206.16
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.34 lbs carcass;  BF 0.64;  LD 2.60;  LEA 7.81;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $78.58
                    Wtd Avg Net Price        $80.94
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 12, 2018                      426,271
   July 13, 2018                      366,538
   July 14, 2018                       32,756
   July 15, 2018                       28,206
   July 16, 2018                      274,898
   July 17, 2018                      279,463
   July 18, 2018                      276,127
   July 19, 2018                      276,940
   July 20, 2018                      257,927
   July 21, 2018                       72,022
   July 22, 2018                       15,188
   July 23, 2018                      111,178
   July 24, 2018                      139,581
   July 25, 2018                      135,316
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,908        1,719      11,627
CARCASS BASE PRICE             77.22            *       77.22
AVERAGE NET PRICE              78.35            *       78.35
LOWEST NET LOT                 70.15            *       70.15
HIGHEST NET LOT                84.66            *       84.66
AVERAGE LIVE WT               267.58            *      268.01
AVERAGE CARCASS WT            199.56            *      199.56
AVERAGE SORT LOSS              -2.83            *       -2.83
AVERAGE BACKFAT                 0.65            *        0.65
AVG LOIN DEPTH (LD)             2.27            *        2.27
LEA (LD Converted)              6.82            *        6.82
AVERAGE LEAN PERCENT           54.08            *       54.08
(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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