National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/17/2018

Past Market Reports

Report Date: 7/17/2018

LM_HG201
Des Moines, Iowa               Tue, Jul 17, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, July 16, 2018

Barrows and Gilts (Live and Carcass Basis): 393,435

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

HEAD COUNT                10,125   44,815   113,468   89,066      1,599  259,073
CARCASS BASE PRICE         75.54    77.17     76.60    78.90          *    77.49
AVERAGE NET PRICE          77.92    79.94     79.50    80.53          *    79.89
LOWEST NET LOT             64.80    66.12     70.66    69.89          *    67.32
HIGHEST NET LOT            92.92    93.04     84.92    95.51          *    91.43
AVERAGE LIVE WT           257.48   273.75    276.44   273.57          *   274.19
AVERAGE CARCASS WT        194.50   206.06    208.59   206.81          *   206.99
AVERAGE SORT LOSS          -1.29    -1.39     -1.32    -0.96          *    -1.22
AVERAGE BACKFAT             0.61     0.62      0.62     0.68          *     0.64
AVG LOIN DEPTH (LD)         2.35     2.70      2.73     2.60          *     2.68
LEA (LD Converted)          7.06     8.12      8.20     7.83          *     8.05
AVERAGE LEAN PERCENT       54.55    56.18     56.32    55.79          *    56.10
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,449
CARCASS BASE PRICE                77.07
AVERAGE NET PRICE                 79.37
AVERAGE OF LOWEST NET LOTS        72.80
AVERAGE OF HIGHEST NET LOTS       81.81
AVERAGE LIVE WT                  266.20
AVERAGE CARCASS WT               199.63
AVERAGE SORT LOSS                 -1.43
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.07
AVERAGE LEAN PERCENT              56.48
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      125,913
AVERAGE LIVE WT                  270.85
AVERAGE CARCASS WT               206.31
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.15
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
206.60 lbs carcass;  BF 0.64;  LD 2.62;  LEA 7.87;  FFLI  53.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $77.47
                    Wtd Avg Net Price        $79.87
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 17, 2018                      422,427
   July 18, 2018                      395,786
   July 19, 2018                      397,511
   July 20, 2018                      377,372
   July 21, 2018                      104,608
   July 22, 2018                       25,743
   July 23, 2018                      170,479
   July 24, 2018                      195,464
   July 25, 2018                      167,509
   July 26, 2018                      158,869
   July 27, 2018                      129,725
   July 28, 2018                        2,520
   July 29, 2018                       13,611
   July 30, 2018                      109,739
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,125        1,599       11,724
CARCASS BASE PRICE             75.54            *        75.54
AVERAGE NET PRICE              77.92            *        77.92
LOWEST NET LOT                 64.80            *        64.80
HIGHEST NET LOT                92.92            *        92.92
AVERAGE LIVE WT               257.48            *       259.15
AVERAGE CARCASS WT            194.50            *       194.68
AVERAGE SORT LOSS              -1.29            *        -1.32
AVERAGE BACKFAT                 0.61            *         0.61
AVG LOIN DEPTH (LD)             2.35            *         2.37
LEA (LD Converted)              7.06            *         7.13
AVERAGE LEAN PERCENT           54.55            *        54.61
(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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