National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/6/2018

Past Market Reports

Report Date: 9/6/2018

LM_HG201
Des Moines, Iowa               Thu, Sep 06, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, September 5, 2018

Barrows and Gilts (Live and Carcass Basis): 436,288

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

HEAD COUNT                 8,497   41,088   131,786  109,994      1,053  292,418
CARCASS BASE PRICE         36.36    53.61     43.23    56.86          *    49.79
AVERAGE NET PRICE          37.94    56.66     46.14    58.36          *    52.12
LOWEST NET LOT             28.30    43.30     31.46    26.03          *    34.28
HIGHEST NET LOT            43.69    82.66     75.53    84.60          *    70.18
AVERAGE LIVE WT           275.66   277.28    276.78   278.83          *   277.54
AVERAGE CARCASS WT        205.72   209.55    208.42   209.62          *   208.97
AVERAGE SORT LOSS          -1.97    -1.30     -1.23    -0.97          *    -1.17
AVERAGE BACKFAT             0.63     0.60      0.63     0.69          *     0.64
AVG LOIN DEPTH (LD)         2.51     2.73      2.69     2.54          *     2.65
LEA (LD Converted)          7.53     8.21      8.10     7.62          *     7.96
AVERAGE LEAN PERCENT       55.64    56.50     56.23    55.66          *    56.09
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,611
CARCASS BASE PRICE                42.16
AVERAGE NET PRICE                 44.61
AVERAGE OF LOWEST NET LOTS        43.92
AVERAGE OF HIGHEST NET LOTS       54.08
AVERAGE LIVE WT                  262.39
AVERAGE CARCASS WT               199.45
AVERAGE SORT LOSS                 -1.36
AVERAGE BACKFAT                    0.57
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.15
AVERAGE LEAN PERCENT              56.64
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      133,259
AVERAGE LIVE WT                  276.39
AVERAGE CARCASS WT               209.84
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.43
AVERAGE LEAN PERCENT              54.08
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.00 lbs carcass;  BF 0.64;  LD 2.59;  LEA 7.78;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $49.52
                    Wtd Avg Net Price        $51.86
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 06, 2018                 444,812
   September 07, 2018                 413,961
   September 08, 2018                 278,505
   September 09, 2018                  36,709
   September 10, 2018                 278,604
   September 11, 2018                 286,811
   September 12, 2018                 288,815
   September 13, 2018                 281,809
   September 14, 2018                 254,362
   September 15, 2018                  52,060
   September 16, 2018                  13,627
   September 17, 2018                 126,643
   September 18, 2018                 133,203
   September 19, 2018                 130,983
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,497        1,053       9,550
CARCASS BASE PRICE             36.36            *       36.36
AVERAGE NET PRICE              37.94            *       37.94
LOWEST NET LOT                 28.30            *       28.30
HIGHEST NET LOT                43.69            *       43.69
AVERAGE LIVE WT               275.66            *      274.50
AVERAGE CARCASS WT            205.72            *      205.72
AVERAGE SORT LOSS              -1.97            *       -1.97
AVERAGE BACKFAT                 0.63            *        0.63
AVG LOIN DEPTH (LD)             2.51            *        2.51
LEA (LD Converted)              7.53            *        7.53
AVERAGE LEAN PERCENT           55.64            *       55.64
(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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