National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/3/2018

Past Market Reports

Report Date: 8/3/2018

LM_HG201
Des Moines, Iowa               Fri, Aug 03, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, August 2, 2018

Barrows and Gilts (Live and Carcass Basis): 418,176

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

HEAD COUNT                10,016   50,634   131,503   91,212        123  283,488
CARCASS BASE PRICE         63.09    68.45     64.05    68.75          *    66.41
AVERAGE NET PRICE          64.63    71.64     67.12    70.23          *    68.91
LOWEST NET LOT             47.73    46.05     52.08    56.65          *    51.86
HIGHEST NET LOT            69.50    90.79     74.78    85.50          *    79.22
AVERAGE LIVE WT           266.01   277.27    278.22   277.68          *   277.45
AVERAGE CARCASS WT        194.76   209.02    209.41   209.06          *   208.73
AVERAGE SORT LOSS          -1.76    -1.03     -1.15    -1.00          *    -1.10
AVERAGE BACKFAT             0.60     0.61      0.64     0.70          *     0.65
AVG LOIN DEPTH (LD)         2.23     2.65      2.70     2.60          *     2.66
LEA (LD Converted)          6.69     7.96      8.13     7.81          *     7.99
AVERAGE LEAN PERCENT       54.08    56.43     56.15    55.59          *    56.06
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        6,670
CARCASS BASE PRICE                63.64
AVERAGE NET PRICE                 66.50
AVERAGE OF LOWEST NET LOTS        60.48
AVERAGE OF HIGHEST NET LOTS       73.39
AVERAGE LIVE WT                  265.04
AVERAGE CARCASS WT               200.81
AVERAGE SORT LOSS                 -1.36
AVERAGE BACKFAT                    0.58
AVERAGE LOIN DEPTH (LD)            2.78
LOINEYE AREA (LD Converted)        8.37
AVERAGE LEAN PERCENT              56.89
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,018
AVERAGE LIVE WT                  273.98
AVERAGE CARCASS WT               209.42
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              54.28
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.78 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.84;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $66.34
                    Wtd Avg Net Price        $68.85
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 03, 2018                    384,330
   August 04, 2018                     65,688
   August 05, 2018                     29,058
   August 06, 2018                    317,101
   August 07, 2018                    368,733
   August 08, 2018                    367,997
   August 09, 2018                    362,413
   August 10, 2018                    334,809
   August 11, 2018                     89,160
   August 12, 2018                     19,667
   August 13, 2018                    141,201
   August 14, 2018                    151,039
   August 15, 2018                    153,333
   August 16, 2018                    148,151
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,016          123       10,139
CARCASS BASE PRICE             63.09            *        63.09
AVERAGE NET PRICE              64.63            *        64.63
LOWEST NET LOT                 47.73            *        47.73
HIGHEST NET LOT                69.50            *        69.50
AVERAGE LIVE WT               266.01            *       266.01
AVERAGE CARCASS WT            194.76            *       194.84
AVERAGE SORT LOSS              -1.76            *        -1.74
AVERAGE BACKFAT                 0.60            *         0.60
AVG LOIN DEPTH (LD)             2.23            *         2.26
LEA (LD Converted)              6.69            *         6.80
AVERAGE LEAN PERCENT           54.08            *        54.17
(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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