National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/15/2018

Past Market Reports

Report Date: 8/15/2018

LM_HG201
Des Moines, Iowa               Wed, Aug 15, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, August 14, 2018

Barrows and Gilts (Live and Carcass Basis): 434,912

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

HEAD COUNT                 8,512   50,256   127,265  100,003      1,695  287,731
CARCASS BASE PRICE         47.58    60.48     52.18    62.24          *    57.18
AVERAGE NET PRICE          49.25    63.55     55.07    63.66          *    59.50
LOWEST NET LOT             39.37    48.94     40.59    46.68          *    46.55
HIGHEST NET LOT            61.18    85.87     70.42    84.82          *    76.43
AVERAGE LIVE WT           263.19   273.50    276.49   274.27          *   274.78
AVERAGE CARCASS WT        195.40   206.71    207.75   206.90          *   206.90
AVERAGE SORT LOSS          -1.37    -1.01     -1.22    -0.97          *    -1.10
AVERAGE BACKFAT             0.65     0.61      0.63     0.71          *     0.65
AVG LOIN DEPTH (LD)         2.24     2.69      2.68     2.53          *     2.63
LEA (LD Converted)          6.72     8.09      8.07     7.59          *     7.90
AVERAGE LEAN PERCENT       54.30    56.24     56.07    55.56          *    55.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,500
CARCASS BASE PRICE                51.10
AVERAGE NET PRICE                 52.90
AVERAGE OF LOWEST NET LOTS        44.62
AVERAGE OF HIGHEST NET LOTS       56.06
AVERAGE LIVE WT                  265.76
AVERAGE CARCASS WT               199.67
AVERAGE SORT LOSS                 -1.75
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.04
AVERAGE LEAN PERCENT              56.72
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      137,681
AVERAGE LIVE WT                  273.28
AVERAGE CARCASS WT               207.85
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              54.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.03 lbs carcass;  BF 0.65;  LD 2.58;  LEA 7.77;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.99
                    Wtd Avg Net Price        $59.30
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 15, 2018                    438,945
   August 16, 2018                    406,109
   August 17, 2018                    389,044
   August 18, 2018                    124,517
   August 19, 2018                     32,357
   August 20, 2018                    183,803
   August 21, 2018                    195,188
   August 22, 2018                    194,642
   August 23, 2018                    193,357
   August 24, 2018                    173,462
   August 25, 2018                     45,351
   August 26, 2018                     15,088
   August 27, 2018                    116,449
   August 28, 2018                    123,652
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,512        1,695       10,207
CARCASS BASE PRICE             47.58            *        47.58
AVERAGE NET PRICE              49.25            *        49.25
LOWEST NET LOT                 39.37            *        39.37
HIGHEST NET LOT                61.18            *        61.18
AVERAGE LIVE WT               263.19            *       264.70
AVERAGE CARCASS WT            195.40            *       195.40
AVERAGE SORT LOSS              -1.37            *        -1.37
AVERAGE BACKFAT                 0.65            *         0.65
AVG LOIN DEPTH (LD)             2.24            *         2.24
LEA (LD Converted)              6.72            *         6.72
AVERAGE LEAN PERCENT           54.30            *        54.30
(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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