National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/19/2018

Past Market Reports

Report Date: 7/19/2018

LM_HG201
Des Moines, Iowa               Thu, Jul 19, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, July 18, 2018

Barrows and Gilts (Live and Carcass Basis): 428,865

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

HEAD COUNT                 9,865   55,558   130,520   88,922      1,947  286,812
CARCASS BASE PRICE         75.22    74.59     75.42    77.64          *    75.96
AVERAGE NET PRICE          76.49    77.55     78.43    79.17          *    78.43
LOWEST NET LOT             63.50    64.86     60.64    69.00          *    63.75
HIGHEST NET LOT            82.40    92.37     94.78    90.93          *    89.93
AVERAGE LIVE WT           267.89   274.72    276.90   274.78          *   275.48
AVERAGE CARCASS WT        199.05   208.25    208.85   207.21          *   207.90
AVERAGE SORT LOSS          -2.35    -0.97     -1.31    -0.85          *    -1.14
AVERAGE BACKFAT             0.67     0.61      0.64     0.71          *     0.65
AVG LOIN DEPTH (LD)         2.35     2.65      2.72     2.60          *     2.67
LEA (LD Converted)          7.05     7.97      8.17     7.80          *     8.01
AVERAGE LEAN PERCENT       54.55    56.44     56.27    55.74          *    56.17
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,386
CARCASS BASE PRICE                76.14
AVERAGE NET PRICE                 78.59
AVERAGE OF LOWEST NET LOTS        72.52
AVERAGE OF HIGHEST NET LOTS       80.41
AVERAGE LIVE WT                  264.97
AVERAGE CARCASS WT               199.77
AVERAGE SORT LOSS                 -1.51
AVERAGE BACKFAT                    0.58
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.11
AVERAGE LEAN PERCENT              56.45
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      131,667
AVERAGE LIVE WT                  272.12
AVERAGE CARCASS WT               207.07
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.29
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.43 lbs carcass;  BF 0.65;  LD 2.62;  LEA 7.88;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $75.97
                    Wtd Avg Net Price        $78.44
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 19, 2018                      437,293
   July 20, 2018                      385,950
   July 21, 2018                      106,208
   July 22, 2018                       28,562
   July 23, 2018                      228,794
   July 24, 2018                      247,178
   July 25, 2018                      217,305
   July 26, 2018                      211,248
   July 27, 2018                      172,482
   July 28, 2018                        6,775
   July 29, 2018                       17,581
   July 30, 2018                      135,444
   July 31, 2018                      146,441
   August 01, 2018                    141,872
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,865        1,947      11,812
CARCASS BASE PRICE             75.22            *       75.22
AVERAGE NET PRICE              76.49            *       76.49
LOWEST NET LOT                 63.50            *       63.50
HIGHEST NET LOT                82.40            *       82.40
AVERAGE LIVE WT               267.89            *      268.12
AVERAGE CARCASS WT            199.05            *      199.29
AVERAGE SORT LOSS              -2.35            *       -2.30
AVERAGE BACKFAT                 0.67            *        0.67
AVG LOIN DEPTH (LD)             2.35            *        2.35
LEA (LD Converted)              7.05            *        7.06
AVERAGE LEAN PERCENT           54.55            *       54.53
(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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