National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/11/2018

Past Market Reports

Report Date: 10/11/2018

LM_HG201
Des Moines, Iowa               Thu, Oct 11, 2018                USDA Market News

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

Barrows and Gilts (Live and Carcass Basis): 427,816

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

HEAD COUNT                 7,084   35,437   136,917  105,711      1,344  286,493
CARCASS BASE PRICE         62.92    64.38     66.88    69.95          *    67.69
AVERAGE NET PRICE          65.48    67.41     69.41    71.15          *    69.74
LOWEST NET LOT             53.61    48.95     60.64    51.09          *    51.42
HIGHEST NET LOT            70.80    73.32     79.28    88.41          *    79.63
AVERAGE LIVE WT           268.57   281.37    280.31   280.50          *   280.19
AVERAGE CARCASS WT        196.90   212.86    210.24   210.06          *   210.22
AVERAGE SORT LOSS          -1.77    -1.35     -1.53    -1.12          *    -1.36
AVERAGE BACKFAT             0.65     0.58      0.63     0.71          *     0.65
AVG LOIN DEPTH (LD)         2.32     2.74      2.66     2.54          *     2.63
LEA (LD Converted)          6.95     8.23      7.99     7.62          *     7.89
AVERAGE LEAN PERCENT       54.54    56.49     56.00    55.33          *    55.85
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,783
CARCASS BASE PRICE                66.73
AVERAGE NET PRICE                 68.77
AVERAGE OF LOWEST NET LOTS        64.87
AVERAGE OF HIGHEST NET LOTS       69.80
AVERAGE LIVE WT                  267.25
AVERAGE CARCASS WT               202.52
AVERAGE SORT LOSS                 -1.10
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.59
LOINEYE AREA (LD Converted)        7.80
AVERAGE LEAN PERCENT              55.77
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      130,540
AVERAGE LIVE WT                  277.06
AVERAGE CARCASS WT               209.98
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.24
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.94 lbs carcass;  BF 0.65;  LD 2.58;  LEA 7.77;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $67.65
                    Wtd Avg Net Price        $69.71
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 11, 2018                   440,582
   October 12, 2018                   403,079
   October 13, 2018                   132,671
   October 14, 2018                    32,920
   October 15, 2018                   255,727
   October 16, 2018                   267,308
   October 17, 2018                   265,371
   October 18, 2018                   261,248
   October 19, 2018                   241,233
   October 20, 2018                    78,195
   October 21, 2018                    17,785
   October 22, 2018                   140,770
   October 23, 2018                   151,796
   October 24, 2018                   149,591
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,084        1,344       8,428
CARCASS BASE PRICE             62.92            *       62.92
AVERAGE NET PRICE              65.48            *       65.48
LOWEST NET LOT                 53.61            *       53.61
HIGHEST NET LOT                70.80            *       70.80
AVERAGE LIVE WT               268.57            *      269.72
AVERAGE CARCASS WT            196.90            *      196.90
AVERAGE SORT LOSS              -1.77            *       -1.77
AVERAGE BACKFAT                 0.65            *        0.65
AVG LOIN DEPTH (LD)             2.32            *        2.32
LEA (LD Converted)              6.95            *        6.95
AVERAGE LEAN PERCENT           54.54            *       54.54
(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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