National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/30/2018

Past Market Reports

Report Date: 8/30/2018

LM_HG201
Des Moines, Iowa               Thu, Aug 30, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, August 29, 2018

Barrows and Gilts (Live and Carcass Basis): 408,076

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

HEAD COUNT                 8,703   36,309   124,624  103,283        902  273,821
CARCASS BASE PRICE         38.17    56.17     43.05    55.85          *    49.68
AVERAGE NET PRICE          39.56    58.72     46.06    57.23          *    51.89
LOWEST NET LOT             33.57    47.60     31.06    35.23          *    37.45
HIGHEST NET LOT            42.44    81.17     64.66    85.79          *    70.28
AVERAGE LIVE WT           260.09   274.40    276.37   274.54          *   274.83
AVERAGE CARCASS WT        194.04   207.78    207.99   206.19          *   206.86
AVERAGE SORT LOSS          -1.13    -1.13     -1.19    -0.93          *    -1.08
AVERAGE BACKFAT             0.68     0.61      0.62     0.70          *     0.65
AVG LOIN DEPTH (LD)         2.23     2.69      2.70     2.53          *     2.64
LEA (LD Converted)          6.69     8.10      8.11     7.59          *     7.93
AVERAGE LEAN PERCENT       54.36    56.31     56.36    55.74          *    56.13
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,569
CARCASS BASE PRICE                42.46
AVERAGE NET PRICE                 43.97
AVERAGE OF LOWEST NET LOTS        44.71
AVERAGE OF HIGHEST NET LOTS       54.26
AVERAGE LIVE WT                  262.06
AVERAGE CARCASS WT               198.87
AVERAGE SORT LOSS                 -1.73
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.56
LOINEYE AREA (LD Converted)        7.68
AVERAGE LEAN PERCENT              55.72
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      123,686
AVERAGE LIVE WT                  274.46
AVERAGE CARCASS WT               208.40
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              54.37
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.14 lbs carcass;  BF 0.64;  LD 2.59;  LEA 7.78;  FFLI  53.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $49.42
                    Wtd Avg Net Price        $51.60
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 30, 2018                    435,562
   August 31, 2018                    385,828
   September 01, 2018                  85,780
   September 02, 2018                     175
   September 03, 2018                  28,548
   September 04, 2018                 241,674
   September 05, 2018                 245,048
   September 06, 2018                 245,656
   September 07, 2018                 239,791
   September 08, 2018                 160,413
   September 09, 2018                  16,482
   September 10, 2018                 141,367
   September 11, 2018                 147,290
   September 12, 2018                 145,769
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,703          902        9,605
CARCASS BASE PRICE             38.17            *        38.17
AVERAGE NET PRICE              39.56            *        39.56
LOWEST NET LOT                 33.57            *        33.57
HIGHEST NET LOT                42.44            *        42.44
AVERAGE LIVE WT               260.09            *       258.60
AVERAGE CARCASS WT            194.04            *       194.04
AVERAGE SORT LOSS              -1.13            *        -1.13
AVERAGE BACKFAT                 0.68            *         0.68
AVG LOIN DEPTH (LD)             2.23            *         2.23
LEA (LD Converted)              6.69            *         6.69
AVERAGE LEAN PERCENT           54.36            *        54.36
(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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