National Daily Direct Hog Prior Day - Slaughtered Swine

1. Cattle.com
2. Market Reports
3. Iowa
4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 9/13/2018

Past Market Reports

Report Date: 9/13/2018

LM_HG201
Des Moines, Iowa               Thu, Sep 13, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, September 12, 2018

Barrows and Gilts (Live and Carcass Basis): 376,715

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

HEAD COUNT                 6,915   35,685   126,412   99,138        863  269,013
CARCASS BASE PRICE         41.10    54.36     48.33    58.85          *    52.95
AVERAGE NET PRICE          43.65    57.56     51.66    60.40          *    55.52
LOWEST NET LOT             34.41    43.83     37.96    40.75          *    38.39
HIGHEST NET LOT            53.75    78.35     70.31    82.84          *    76.06
AVERAGE LIVE WT           263.66   281.75    277.27   277.89          *   277.72
AVERAGE CARCASS WT        194.60   212.44    208.07   208.38          *   208.43
AVERAGE SORT LOSS          -1.33    -1.33     -1.19    -0.93          *    -1.12
AVERAGE BACKFAT             0.63     0.60      0.62     0.69          *     0.64
AVG LOIN DEPTH (LD)         2.26     2.73      2.67     2.51          *     2.63
LEA (LD Converted)          6.79     8.21      8.02     7.54          *     7.89
AVERAGE LEAN PERCENT       54.33    56.46     56.15    55.56          *    56.00
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,307
CARCASS BASE PRICE                47.45
AVERAGE NET PRICE                 48.91
AVERAGE OF LOWEST NET LOTS        40.81
AVERAGE OF HIGHEST NET LOTS       54.34
AVERAGE LIVE WT                  273.67
AVERAGE CARCASS WT               205.74
AVERAGE SORT LOSS                 -1.86
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.82
AVERAGE LEAN PERCENT              55.67
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       97,395
AVERAGE LIVE WT                  279.09
AVERAGE CARCASS WT               211.76
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.40
AVERAGE LEAN PERCENT              53.78
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.25 lbs carcass;  BF 0.65;  LD 2.56;  LEA 7.70;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $52.76
                    Wtd Avg Net Price        $55.29
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 13, 2018                 377,542
   September 14, 2018                 340,519
   September 15, 2018                 126,041
   September 16, 2018                  36,844
   September 17, 2018                 229,433
   September 18, 2018                 241,858
   September 19, 2018                 232,804
   September 20, 2018                 224,701
   September 21, 2018                 211,088
   September 22, 2018                  40,209
   September 23, 2018                  12,530
   September 24, 2018                 131,065
   September 25, 2018                 131,001
   September 26, 2018                 131,390
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,915          863        7,778
CARCASS BASE PRICE             41.10            *        41.10
AVERAGE NET PRICE              43.65            *        43.65
LOWEST NET LOT                 34.41            *        34.41
HIGHEST NET LOT                53.75            *        53.75
AVERAGE LIVE WT               263.66            *       263.43
AVERAGE CARCASS WT            194.60            *       194.60
AVERAGE SORT LOSS              -1.33            *        -1.33
AVERAGE BACKFAT                 0.63            *         0.63
AVG LOIN DEPTH (LD)             2.26            *         2.26
LEA (LD Converted)              6.79            *         6.79
AVERAGE LEAN PERCENT           54.33            *        54.33
(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
1000C


.