National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/13/2018

Past Market Reports

Report Date: 8/13/2018

LM_HG201
Des Moines, Iowa               Mon, Aug 13, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, August 10, 2018 and Saturday, August 11, 2018

Barrows and Gilts (Live and Carcass Basis): 527,197

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

HEAD COUNT                12,829   56,585   161,051  132,671      1,768  364,904
CARCASS BASE PRICE         53.81    64.25     55.63    63.10          *    59.65
AVERAGE NET PRICE          53.64    66.90     57.93    64.45          *    61.59
LOWEST NET LOT             41.50    40.46     36.11    47.50          *    41.26
HIGHEST NET LOT            63.06    87.02     72.13    84.31          *    76.03
AVERAGE LIVE WT           271.08   277.68    278.59   278.97          *   278.28
AVERAGE CARCASS WT        202.87   209.88    208.96   210.62          *   209.52
AVERAGE SORT LOSS          -1.93    -1.13     -1.17    -0.94          *    -1.12
AVERAGE BACKFAT             0.69     0.64      0.68     0.71          *     0.68
AVG LOIN DEPTH (LD)         2.30     2.66      2.70     2.60          *     2.65
LEA (LD Converted)          6.90     8.01      8.12     7.81          *     7.98
AVERAGE LEAN PERCENT       53.96    56.32     56.15    55.80          *    56.04
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,252
CARCASS BASE PRICE                55.52
AVERAGE NET PRICE                 56.33
AVERAGE OF LOWEST NET LOTS        57.81
AVERAGE OF HIGHEST NET LOTS       70.53
AVERAGE LIVE WT                  270.30
AVERAGE CARCASS WT               204.39
AVERAGE SORT LOSS                 -1.48
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.04
AVERAGE LEAN PERCENT              56.17
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      149,041
AVERAGE LIVE WT                  276.32
AVERAGE CARCASS WT               209.61
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.45
AVERAGE LEAN PERCENT              54.02
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.41 lbs carcass;  BF 0.68;  LD 2.60;  LEA 7.81;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $59.53
                    Wtd Avg Net Price        $61.40
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 13, 2018                    434,585
   August 14, 2018                    412,302
   August 15, 2018                    409,696
   August 16, 2018                    398,658
   August 17, 2018                    383,647
   August 18, 2018                    115,126
   August 19, 2018                     21,505
   August 20, 2018                    148,700
   August 21, 2018                    156,190
   August 22, 2018                    154,310
   August 23, 2018                    153,099
   August 24, 2018                    141,531
   August 25, 2018                     27,722
   August 26, 2018                     11,758
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    12,829        1,768       14,597
CARCASS BASE PRICE             53.81            *        53.81
AVERAGE NET PRICE              53.64            *        53.64
LOWEST NET LOT                 41.50            *        41.50
HIGHEST NET LOT                63.06            *        63.06
AVERAGE LIVE WT               271.08            *       270.97
AVERAGE CARCASS WT            202.87            *       202.87
AVERAGE SORT LOSS              -1.93            *        -1.93
AVERAGE BACKFAT                 0.69            *         0.69
AVG LOIN DEPTH (LD)             2.30            *         2.30
LEA (LD Converted)              6.90            *         6.90
AVERAGE LEAN PERCENT           53.96            *        53.96
(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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