National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/20/2018

Past Market Reports

Report Date: 9/20/2018

LM_HG201
Des Moines, Iowa               Thu, Sep 20, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, September 19, 2018

Barrows and Gilts (Live and Carcass Basis): 395,888

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

HEAD COUNT                 8,505   39,727   119,764  101,820      1,460  271,276
CARCASS BASE PRICE         50.07    58.94     55.48    63.14          *    58.78
AVERAGE NET PRICE          51.77    61.79     58.61    64.64          *    61.19
LOWEST NET LOT             40.06    45.37     43.68    45.48          *    43.70
HIGHEST NET LOT            59.29    81.59     74.41    87.38          *    75.77
AVERAGE LIVE WT           267.63   278.28    276.78   277.33          *   276.90
AVERAGE CARCASS WT        199.52   210.45    208.19   207.44          *   207.97
AVERAGE SORT LOSS          -1.82    -1.22     -1.31    -0.91          *    -1.17
AVERAGE BACKFAT             0.67     0.61      0.63     0.70          *     0.65
AVG LOIN DEPTH (LD)         2.33     2.71      2.66     2.51          *     2.62
LEA (LD Converted)          7.00     8.16      8.01     7.53          *     7.88
AVERAGE LEAN PERCENT       55.14    56.33     56.04    55.47          *    55.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,087
CARCASS BASE PRICE                54.87
AVERAGE NET PRICE                 57.03
AVERAGE OF LOWEST NET LOTS        51.29
AVERAGE OF HIGHEST NET LOTS       61.13
AVERAGE LIVE WT                  268.31
AVERAGE CARCASS WT               202.95
AVERAGE SORT LOSS                 -1.11
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.83
AVERAGE LEAN PERCENT              55.50
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      114,525
AVERAGE LIVE WT                  276.92
AVERAGE CARCASS WT               210.70
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.63 lbs carcass;  BF 0.65;  LD 2.58;  LEA 7.75;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.64
                    Wtd Avg Net Price        $61.04
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 20, 2018                 392,595
   September 21, 2018                 338,236
   September 22, 2018                  99,281
   September 23, 2018                  29,640
   September 24, 2018                 233,482
   September 25, 2018                 242,969
   September 26, 2018                 247,459
   September 27, 2018                 236,241
   September 28, 2018                 221,964
   September 29, 2018                  61,617
   September 30, 2018                  17,493
   October 01, 2018                   132,152
   October 02, 2018                   145,022
   October 03, 2018                   143,048
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,505        1,460        9,965
CARCASS BASE PRICE             50.07            *        50.07
AVERAGE NET PRICE              51.77            *        51.77
LOWEST NET LOT                 40.06            *        40.06
HIGHEST NET LOT                59.29            *        59.29
AVERAGE LIVE WT               267.63            *       267.05
AVERAGE CARCASS WT            199.52            *       199.52
AVERAGE SORT LOSS              -1.82            *        -1.82
AVERAGE BACKFAT                 0.67            *         0.67
AVG LOIN DEPTH (LD)             2.33            *         2.33
LEA (LD Converted)              7.00            *         7.00
AVERAGE LEAN PERCENT           55.14            *        55.14
(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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