National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/19/2018

Past Market Reports

Report Date: 9/19/2018

LM_HG201
Des Moines, Iowa               Wed, Sep 19, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, September 18, 2018

Barrows and Gilts (Live and Carcass Basis): 386,950

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

HEAD COUNT                 8,329   40,030   121,213   98,593        600  268,765
CARCASS BASE PRICE         47.49    57.67     54.06    62.18          *    57.45
AVERAGE NET PRICE          50.00    60.46     57.15    63.61          *    59.84
LOWEST NET LOT             39.92    47.46     42.20    39.98          *    43.34
HIGHEST NET LOT            59.83    82.22     74.14    86.66          *    75.98
AVERAGE LIVE WT           264.59   276.30    276.72   275.04          *   275.71
AVERAGE CARCASS WT        197.84   208.84    208.14   207.09          *   207.53
AVERAGE SORT LOSS          -1.09    -1.45     -1.18    -1.05          *    -1.17
AVERAGE BACKFAT             0.69     0.61      0.63     0.70          *     0.65
AVG LOIN DEPTH (LD)         2.39     2.70      2.66     2.52          *     2.62
LEA (LD Converted)          7.17     8.13      8.01     7.57          *     7.88
AVERAGE LEAN PERCENT       54.84    56.30     56.00    55.56          *    55.90
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,289
CARCASS BASE PRICE                53.73
AVERAGE NET PRICE                 53.88
AVERAGE OF LOWEST NET LOTS        46.55
AVERAGE OF HIGHEST NET LOTS       55.34
AVERAGE LIVE WT                  268.78
AVERAGE CARCASS WT               203.21
AVERAGE SORT LOSS                 -1.50
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.72
LOINEYE AREA (LD Converted)        8.17
AVERAGE LEAN PERCENT              56.74
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      108,896
AVERAGE LIVE WT                  276.27
AVERAGE CARCASS WT               209.42
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.40
AVERAGE LEAN PERCENT              53.99
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.97 lbs carcass;  BF 0.65;  LD 2.56;  LEA 7.69;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $57.38
                    Wtd Avg Net Price        $59.65
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 19, 2018                 396,978
   September 20, 2018                 364,410
   September 21, 2018                 338,974
   September 22, 2018                  93,920
   September 23, 2018                  28,611
   September 24, 2018                 189,863
   September 25, 2018                 198,404
   September 26, 2018                 200,788
   September 27, 2018                 202,741
   September 28, 2018                 176,185
   September 29, 2018                  43,623
   September 30, 2018                  12,835
   October 01, 2018                   121,141
   October 02, 2018                   129,064
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,329          600        8,929
CARCASS BASE PRICE             47.49            *        47.49
AVERAGE NET PRICE              50.00            *        50.00
LOWEST NET LOT                 39.92            *        39.92
HIGHEST NET LOT                59.83            *        59.83
AVERAGE LIVE WT               264.59            *       265.11
AVERAGE CARCASS WT            197.84            *       198.02
AVERAGE SORT LOSS              -1.09            *        -1.05
AVERAGE BACKFAT                 0.69            *         0.69
AVG LOIN DEPTH (LD)             2.39            *         2.39
LEA (LD Converted)              7.17            *         7.18
AVERAGE LEAN PERCENT           54.84            *        54.94
(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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