National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/21/2018

Past Market Reports

Report Date: 8/21/2018

LM_HG201
Des Moines, Iowa               Tue, Aug 21, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, August 20, 2018

Barrows and Gilts (Live and Carcass Basis): 418,188

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

HEAD COUNT                10,376   45,709   127,078   89,366      1,082  273,611
CARCASS BASE PRICE         42.65    64.28     47.96    57.27          *    53.69
AVERAGE NET PRICE          43.77    67.00     50.75    58.77          *    56.01
LOWEST NET LOT             36.38    29.41     36.09    41.29          *    37.54
HIGHEST NET LOT            49.80    85.38     66.79    83.71          *    73.77
AVERAGE LIVE WT           265.66   272.82    278.14   276.30          *   276.13
AVERAGE CARCASS WT        196.95   206.35    209.19   208.28          *   208.04
AVERAGE SORT LOSS          -1.79    -1.03     -1.31    -1.05          *    -1.20
AVERAGE BACKFAT             0.66     0.61      0.63     0.69          *     0.64
AVG LOIN DEPTH (LD)         2.32     2.61      2.69     2.54          *     2.63
LEA (LD Converted)          6.97     7.83      8.09     7.64          *     7.89
AVERAGE LEAN PERCENT       54.61    56.29     56.29    55.44          *    56.04
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,776
CARCASS BASE PRICE                45.90
AVERAGE NET PRICE                 47.90
AVERAGE OF LOWEST NET LOTS        50.05
AVERAGE OF HIGHEST NET LOTS       56.15
AVERAGE LIVE WT                  268.48
AVERAGE CARCASS WT               204.77
AVERAGE SORT LOSS                 -1.31
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.06
AVERAGE LEAN PERCENT              56.20
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      135,801
AVERAGE LIVE WT                  272.11
AVERAGE CARCASS WT               206.01
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              54.32
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.29 lbs carcass;  BF 0.64;  LD 2.58;  LEA 7.74;  FFLI  53.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $53.44
                    Wtd Avg Net Price        $55.76
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 21, 2018                    435,401
   August 22, 2018                    411,937
   August 23, 2018                    402,376
   August 24, 2018                    383,979
   August 25, 2018                    152,822
   August 26, 2018                     31,285
   August 27, 2018                    173,448
   August 28, 2018                    177,909
   August 29, 2018                    181,830
   August 30, 2018                    177,797
   August 31, 2018                    164,927
   September 01, 2018                  17,665
   September 02, 2018                       0
   September 03, 2018                  16,368
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,376        1,082      11,458
CARCASS BASE PRICE             42.65            *       42.65
AVERAGE NET PRICE              43.77            *       43.77
LOWEST NET LOT                 36.38            *       36.38
HIGHEST NET LOT                49.80            *       49.80
AVERAGE LIVE WT               265.66            *      266.26
AVERAGE CARCASS WT            196.95            *      196.95
AVERAGE SORT LOSS              -1.79            *       -1.79
AVERAGE BACKFAT                 0.66            *        0.66
AVG LOIN DEPTH (LD)             2.32            *        2.32
LEA (LD Converted)              6.97            *        6.97
AVERAGE LEAN PERCENT           54.61            *       54.61
(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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