National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/1/2018

Past Market Reports

Report Date: 10/1/2018

LM_HG201
Des Moines, Iowa               Mon, Oct 01, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, September 28, 2018 and Saturday, September 29, 2018

Barrows and Gilts (Live and Carcass Basis): 633,783

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

HEAD COUNT                16,490   52,332   182,163  148,594      1,595  401,174
CARCASS BASE PRICE         58.97    60.64     66.04    68.11          *    65.80
AVERAGE NET PRICE          59.35    63.32     68.25    69.28          *    67.64
LOWEST NET LOT             50.30    49.58     52.41    47.84          *    50.15
HIGHEST NET LOT            69.70    82.31     78.75    89.61          *    82.57
AVERAGE LIVE WT           271.01   278.94    281.37   280.35          *   280.33
AVERAGE CARCASS WT        207.11   211.43    211.59   210.58          *   211.00
AVERAGE SORT LOSS          -2.37    -1.29     -1.39    -1.15          *    -1.33
AVERAGE BACKFAT             0.73     0.59      0.64     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.26     2.73      2.66     2.54          *     2.63
LEA (LD Converted)          6.79     8.20      8.00     7.63          *     7.89
AVERAGE LEAN PERCENT       54.47    56.40     55.96    55.50          *    55.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,959
CARCASS BASE PRICE                64.92
AVERAGE NET PRICE                 67.42
AVERAGE OF LOWEST NET LOTS        62.64
AVERAGE OF HIGHEST NET LOTS       72.68
AVERAGE LIVE WT                  278.30
AVERAGE CARCASS WT               207.00
AVERAGE SORT LOSS                 -1.01
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.17
AVERAGE LEAN PERCENT              56.52
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      221,650
AVERAGE LIVE WT                  280.52
AVERAGE CARCASS WT               212.37
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.29
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.41 lbs carcass;  BF 0.65;  LD 2.59;  LEA 7.78;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.78
                    Wtd Avg Net Price        $67.63
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 01, 2018                   418,337
   October 02, 2018                   417,644
   October 03, 2018                   409,942
   October 04, 2018                   407,188
   October 05, 2018                   380,185
   October 06, 2018                   140,310
   October 07, 2018                    18,201
   October 08, 2018                   148,273
   October 09, 2018                   157,583
   October 10, 2018                   157,985
   October 11, 2018                   152,598
   October 12, 2018                   147,759
   October 13, 2018                    31,037
   October 14, 2018                    13,698
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    16,490        1,595       18,085
CARCASS BASE PRICE             58.97            *        58.97
AVERAGE NET PRICE              59.35            *        59.35
LOWEST NET LOT                 50.30            *        50.30
HIGHEST NET LOT                69.70            *        69.70
AVERAGE LIVE WT               271.01            *       271.32
AVERAGE CARCASS WT            207.11            *       206.89
AVERAGE SORT LOSS              -2.37            *        -2.32
AVERAGE BACKFAT                 0.73            *         0.73
AVG LOIN DEPTH (LD)             2.26            *         2.28
LEA (LD Converted)              6.79            *         6.86
AVERAGE LEAN PERCENT           54.47            *        54.63
(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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