National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/27/2018

Past Market Reports

Report Date: 7/27/2018

LM_HG201
Des Moines, Iowa               Fri, Jul 27, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, July 26, 2018

Barrows and Gilts (Live and Carcass Basis): 337,184

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

HEAD COUNT                 8,805   47,661   116,916   72,347      1,513  247,242
CARCASS BASE PRICE         68.10    71.07     69.88    73.02          *    71.01
AVERAGE NET PRICE          69.89    74.28     73.21    74.69          *    73.76
LOWEST NET LOT             59.96    59.12     55.92    64.14          *    60.71
HIGHEST NET LOT            77.12    94.31     80.23    84.94          *    84.57
AVERAGE LIVE WT           269.46   275.53    277.75   275.58          *   276.37
AVERAGE CARCASS WT        201.51   208.11    208.97   208.31          *   208.36
AVERAGE SORT LOSS          -1.61    -1.12     -1.18    -0.93          *    -1.11
AVERAGE BACKFAT             0.69     0.61      0.63     0.71          *     0.65
AVG LOIN DEPTH (LD)         2.41     2.64      2.69     2.58          *     2.65
LEA (LD Converted)          7.23     7.94      8.09     7.76          *     7.97
AVERAGE LEAN PERCENT       54.81    56.37     56.12    55.39          *    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        5,988
CARCASS BASE PRICE                70.19
AVERAGE NET PRICE                 73.27
AVERAGE OF LOWEST NET LOTS        69.24
AVERAGE OF HIGHEST NET LOTS       76.76
AVERAGE LIVE WT                  265.00
AVERAGE CARCASS WT               199.98
AVERAGE SORT LOSS                 -1.42
AVERAGE BACKFAT                    0.57
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.14
AVERAGE LEAN PERCENT              56.68
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       83,954
AVERAGE LIVE WT                  277.81
AVERAGE CARCASS WT               211.41
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              54.06
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.98 lbs carcass;  BF 0.65;  LD 2.60;  LEA 7.82;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $70.99
                    Wtd Avg Net Price        $73.75
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 27, 2018                      263,545
   July 28, 2018                       42,589
   July 29, 2018                       26,277
   July 30, 2018                      259,636
   July 31, 2018                      282,905
   August 01, 2018                    268,796
   August 02, 2018                    260,621
   August 03, 2018                    238,763
   August 04, 2018                     33,540
   August 05, 2018                     12,066
   August 06, 2018                    118,082
   August 07, 2018                    151,282
   August 08, 2018                    148,319
   August 09, 2018                    144,344
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,805        1,513      10,318
CARCASS BASE PRICE             68.10            *       68.10
AVERAGE NET PRICE              69.89            *       69.89
LOWEST NET LOT                 59.96            *       59.96
HIGHEST NET LOT                77.12            *       77.12
AVERAGE LIVE WT               269.46            *      269.81
AVERAGE CARCASS WT            201.51            *      201.53
AVERAGE SORT LOSS              -1.61            *       -1.60
AVERAGE BACKFAT                 0.69            *        0.69
AVG LOIN DEPTH (LD)             2.41            *        2.42
LEA (LD Converted)              7.23            *        7.25
AVERAGE LEAN PERCENT           54.81            *       54.83
(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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