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. 10/22/2018

Past Market Reports

Report Date: 10/22/2018

LM_HG201
Des Moines, Iowa               Mon, Oct 22, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, October 19, 2018 and Saturday, October 20, 2018

Barrows and Gilts (Live and Carcass Basis): 662,461

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

HEAD COUNT                20,893   52,905   197,515  143,006      2,524  416,843
CARCASS BASE PRICE         61.66    55.90     63.86    67.63          *    64.06
AVERAGE NET PRICE          63.25    58.19     66.36    68.91          *    66.05
LOWEST NET LOT             56.16    44.91     51.36    48.69          *    50.14
HIGHEST NET LOT            71.20    83.13     80.42    87.34          *    83.32
AVERAGE LIVE WT           273.16   285.94    283.72   282.06          *   282.85
AVERAGE CARCASS WT        205.80   216.33    213.03   211.68          *   212.63
AVERAGE SORT LOSS          -1.50    -1.89     -1.49    -1.17          *    -1.44
AVERAGE BACKFAT             0.62     0.62      0.64     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.53     2.76      2.69     2.55          *     2.65
LEA (LD Converted)          7.61     8.31      8.08     7.66          *     7.96
AVERAGE LEAN PERCENT       55.15    56.39     56.02    55.54          *    55.89
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,220
CARCASS BASE PRICE                62.90
AVERAGE NET PRICE                 65.41
AVERAGE OF LOWEST NET LOTS        59.71
AVERAGE OF HIGHEST NET LOTS       66.26
AVERAGE LIVE WT                  273.83
AVERAGE CARCASS WT               203.86
AVERAGE SORT LOSS                 -1.10
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.87
AVERAGE LEAN PERCENT              56.12
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      233,398
AVERAGE LIVE WT                  282.73
AVERAGE CARCASS WT               214.00
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              53.96
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.93 lbs carcass;  BF 0.66;  LD 2.59;  LEA 7.79;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.03
                    Wtd Avg Net Price        $66.03
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 22, 2018                   445,256
   October 23, 2018                   427,481
   October 24, 2018                   415,026
   October 25, 2018                   412,802
   October 26, 2018                   391,358
   October 27, 2018                   138,644
   October 28, 2018                    22,154
   October 29, 2018                   142,042
   October 30, 2018                   149,646
   October 31, 2018                   152,700
   November 01, 2018                  147,423
   November 02, 2018                  139,766
   November 03, 2018                   38,203
   November 04, 2018                   11,578
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    20,893        2,524      23,417
CARCASS BASE PRICE             61.66            *       61.66
AVERAGE NET PRICE              63.25            *       63.25
LOWEST NET LOT                 56.16            *       56.16
HIGHEST NET LOT                71.20            *       71.20
AVERAGE LIVE WT               273.16            *      273.30
AVERAGE CARCASS WT            205.80            *      206.01
AVERAGE SORT LOSS              -1.50            *       -1.51
AVERAGE BACKFAT                 0.62            *        0.62
AVG LOIN DEPTH (LD)             2.53            *        2.54
LEA (LD Converted)              7.61            *        7.63
AVERAGE LEAN PERCENT           55.15            *       55.18
(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


.