National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/11/2018

Past Market Reports

Report Date: 9/11/2018

LM_HG201
Des Moines, Iowa               Tue, Sep 11, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, September 10, 2018

Barrows and Gilts (Live and Carcass Basis): 414,577

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

HEAD COUNT                 7,207   30,593   123,161  113,522        579  275,062
CARCASS BASE PRICE         38.01    55.21     45.54    57.33          *    51.37
AVERAGE NET PRICE          39.60    58.47     48.38    58.94          *    53.75
LOWEST NET LOT             33.55    42.42     36.37    39.67          *    37.39
HIGHEST NET LOT            43.56    75.86     69.69    83.24          *    69.69
AVERAGE LIVE WT           261.13   279.15    276.50   276.19          *   276.25
AVERAGE CARCASS WT        191.40   210.72    208.18   207.12          *   207.65
AVERAGE SORT LOSS          -1.05    -1.34     -1.23    -0.95          *    -1.13
AVERAGE BACKFAT             0.59     0.62      0.63     0.68          *     0.65
AVG LOIN DEPTH (LD)         2.22     2.70      2.67     2.50          *     2.61
LEA (LD Converted)          6.66     8.12      8.02     7.52          *     7.84
AVERAGE LEAN PERCENT       54.26    56.18     56.15    55.63          *    55.95
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,157
CARCASS BASE PRICE                44.95
AVERAGE NET PRICE                 46.39
AVERAGE OF LOWEST NET LOTS        48.92
AVERAGE OF HIGHEST NET LOTS       57.67
AVERAGE LIVE WT                  273.32
AVERAGE CARCASS WT               205.97
AVERAGE SORT LOSS                 -1.56
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.83
AVERAGE LEAN PERCENT              55.77
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      131,358
AVERAGE LIVE WT                  275.68
AVERAGE CARCASS WT               208.95
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.44
AVERAGE LEAN PERCENT              54.06
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.04 lbs carcass;  BF 0.65;  LD 2.56;  LEA 7.70;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $51.18
                    Wtd Avg Net Price        $53.54
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 11, 2018                 440,370
   September 12, 2018                 403,854
   September 13, 2018                 394,173
   September 14, 2018                 377,033
   September 15, 2018                 131,075
   September 16, 2018                  25,708
   September 17, 2018                 170,933
   September 18, 2018                 178,482
   September 19, 2018                 177,840
   September 20, 2018                 171,888
   September 21, 2018                 156,550
   September 22, 2018                  30,550
   September 23, 2018                  11,830
   September 24, 2018                 122,504
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,207          579        7,786
CARCASS BASE PRICE             38.01            *        38.01
AVERAGE NET PRICE              39.60            *        39.60
LOWEST NET LOT                 33.55            *        33.55
HIGHEST NET LOT                43.56            *        43.56
AVERAGE LIVE WT               261.13            *       261.73
AVERAGE CARCASS WT            191.40            *       191.40
AVERAGE SORT LOSS              -1.05            *        -1.05
AVERAGE BACKFAT                 0.59            *         0.59
AVG LOIN DEPTH (LD)             2.22            *         2.22
LEA (LD Converted)              6.66            *         6.66
AVERAGE LEAN PERCENT           54.26            *        54.26
(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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