National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/30/2018

Past Market Reports

Report Date: 7/30/2018

LM_HG201
Des Moines, Iowa               Mon, Jul 30, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, July 27, 2018 and Saturday, July 28, 2018

Barrows and Gilts (Live and Carcass Basis): 328,604

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

HEAD COUNT                12,115   45,227   107,102   69,770      1,614  235,828
CARCASS BASE PRICE         67.74    71.73     68.45    71.46          *    69.98
AVERAGE NET PRICE          68.48    74.41     71.63    73.11          *    72.47
LOWEST NET LOT             55.92    53.45     59.99    61.68          *    57.62
HIGHEST NET LOT            75.31    89.75     88.99    80.68          *    84.00
AVERAGE LIVE WT           268.19   277.94    278.00   276.69          *   277.26
AVERAGE CARCASS WT        202.75   209.56    208.86   208.44          *   208.57
AVERAGE SORT LOSS          -1.69    -1.01     -1.23    -0.96          *    -1.13
AVERAGE BACKFAT             0.76     0.62      0.65     0.69          *     0.66
AVG LOIN DEPTH (LD)         2.37     2.65      2.67     2.59          *     2.64
LEA (LD Converted)          7.11     7.97      8.02     7.80          *     7.93
AVERAGE LEAN PERCENT       54.58    56.39     55.94    55.61          *    55.93
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        7,617
CARCASS BASE PRICE                68.83
AVERAGE NET PRICE                 71.64
AVERAGE OF LOWEST NET LOTS        68.34
AVERAGE OF HIGHEST NET LOTS       76.10
AVERAGE LIVE WT                  263.59
AVERAGE CARCASS WT               196.97
AVERAGE SORT LOSS                 -1.38
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        7.99
AVERAGE LEAN PERCENT              56.32
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       85,159
AVERAGE LIVE WT                  278.45
AVERAGE CARCASS WT               211.82
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.23
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.17 lbs carcass;  BF 0.66;  LD 2.59;  LEA 7.80;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $69.94
                    Wtd Avg Net Price        $72.44
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 30, 2018                      410,502
   July 31, 2018                      398,113
   August 01, 2018                    399,540
   August 02, 2018                    392,699
   August 03, 2018                    362,534
   August 04, 2018                     58,123
   August 05, 2018                     12,581
   August 06, 2018                    123,512
   August 07, 2018                    158,471
   August 08, 2018                    156,776
   August 09, 2018                    153,093
   August 10, 2018                    140,724
   August 11, 2018                     21,291
   August 12, 2018                     11,568
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    12,115        1,614      13,729
CARCASS BASE PRICE             67.74            *       67.74
AVERAGE NET PRICE              68.48            *       68.48
LOWEST NET LOT                 55.92            *       55.92
HIGHEST NET LOT                75.31            *       75.31
AVERAGE LIVE WT               268.19            *      270.01
AVERAGE CARCASS WT            202.75            *      202.75
AVERAGE SORT LOSS              -1.69            *       -1.69
AVERAGE BACKFAT                 0.76            *        0.76
AVG LOIN DEPTH (LD)             2.37            *        2.37
LEA (LD Converted)              7.11            *        7.11
AVERAGE LEAN PERCENT           54.58            *       54.58
(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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