National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/17/2018

Past Market Reports

Report Date: 8/17/2018

LM_HG201
Des Moines, Iowa               Fri, Aug 17, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, August 16, 2018

Barrows and Gilts (Live and Carcass Basis): 421,799

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

HEAD COUNT                 9,775   55,687   135,222   83,456      1,308  285,448
CARCASS BASE PRICE         48.75    63.44     49.59    59.00          *    55.12
AVERAGE NET PRICE          49.77    66.63     52.31    60.53          *    57.53
LOWEST NET LOT             39.19    39.98     35.70    44.28          *    39.87
HIGHEST NET LOT            59.78    85.62     69.31    85.85          *    76.70
AVERAGE LIVE WT           267.70   271.42    278.30   278.22          *   276.46
AVERAGE CARCASS WT        197.46   204.69    209.00   208.88          *   207.78
AVERAGE SORT LOSS          -1.34    -1.01     -1.27    -0.92          *    -1.12
AVERAGE BACKFAT             0.62     0.60      0.63     0.70          *     0.64
AVG LOIN DEPTH (LD)         2.17     2.66      2.71     2.62          *     2.67
LEA (LD Converted)          6.52     8.00      8.16     7.88          *     8.03
AVERAGE LEAN PERCENT       54.20    56.49     56.22    55.76          *    56.17
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,623
CARCASS BASE PRICE                48.96
AVERAGE NET PRICE                 51.24
AVERAGE OF LOWEST NET LOTS        43.65
AVERAGE OF HIGHEST NET LOTS       60.33
AVERAGE LIVE WT                  269.47
AVERAGE CARCASS WT               203.11
AVERAGE SORT LOSS                 -1.22
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.82
AVERAGE LEAN PERCENT              55.83
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      127,728
AVERAGE LIVE WT                  276.06
AVERAGE CARCASS WT               209.03
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              54.16
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.07 lbs carcass;  BF 0.64;  LD 2.61;  LEA 7.85;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $54.93
                    Wtd Avg Net Price        $57.34
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 17, 2018                    414,089
   August 18, 2018                    129,104
   August 19, 2018                     38,441
   August 20, 2018                    360,374
   August 21, 2018                    368,218
   August 22, 2018                    365,902
   August 23, 2018                    355,616
   August 24, 2018                    330,720
   August 25, 2018                    134,744
   August 26, 2018                     16,942
   August 27, 2018                    141,010
   August 28, 2018                    146,613
   August 29, 2018                    147,902
   August 30, 2018                    148,443
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,775        1,308       11,083
CARCASS BASE PRICE             48.75            *        48.75
AVERAGE NET PRICE              49.77            *        49.77
LOWEST NET LOT                 39.19            *        39.19
HIGHEST NET LOT                59.78            *        59.78
AVERAGE LIVE WT               267.70            *       269.08
AVERAGE CARCASS WT            197.46            *       197.80
AVERAGE SORT LOSS              -1.34            *        -1.33
AVERAGE BACKFAT                 0.62            *         0.62
AVG LOIN DEPTH (LD)             2.17            *         2.20
LEA (LD Converted)              6.52            *         6.60
AVERAGE LEAN PERCENT           54.20            *        54.38
(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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