National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/25/2018

Past Market Reports

Report Date: 10/25/2018

LM_HG201
Des Moines, Iowa               Thu, Oct 25, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, October 24, 2018

Barrows and Gilts (Live and Carcass Basis): 441,656

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

HEAD COUNT                10,712   37,062   134,514  107,313      1,219  290,820
CARCASS BASE PRICE         59.53    54.20     62.35    67.43          *    63.20
AVERAGE NET PRICE          61.47    57.11     65.12    68.55          *    65.32
LOWEST NET LOT             45.71    46.20     48.80    53.58          *    48.78
HIGHEST NET LOT            65.44    80.15     76.53    85.85          *    76.86
AVERAGE LIVE WT           271.46   281.78    282.23   280.84          *   281.22
AVERAGE CARCASS WT        201.28   213.04    211.96   210.18          *   211.02
AVERAGE SORT LOSS          -1.21    -1.60     -1.53    -1.17          *    -1.39
AVERAGE BACKFAT             0.62     0.61      0.65     0.71          *     0.66
AVG LOIN DEPTH (LD)         2.46     2.72      2.69     2.50          *     2.63
LEA (LD Converted)          7.39     8.19      8.09     7.52          *     7.91
AVERAGE LEAN PERCENT       54.49    56.37     56.00    55.35          *    55.81
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,934
CARCASS BASE PRICE                61.62
AVERAGE NET PRICE                 64.06
AVERAGE OF LOWEST NET LOTS        57.56
AVERAGE OF HIGHEST NET LOTS       66.18
AVERAGE LIVE WT                  269.96
AVERAGE CARCASS WT               202.31
AVERAGE SORT LOSS                 -1.44
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.84
AVERAGE LEAN PERCENT              56.04
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      140,902
AVERAGE LIVE WT                  280.27
AVERAGE CARCASS WT               212.25
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.02
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.21 lbs carcass;  BF 0.66;  LD 2.59;  LEA 7.79;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.14
                    Wtd Avg Net Price        $65.27
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 25, 2018                   446,743
   October 26, 2018                   400,574
   October 27, 2018                   146,997
   October 28, 2018                    41,296
   October 29, 2018                   261,180
   October 30, 2018                   266,998
   October 31, 2018                   248,995
   November 01, 2018                  241,535
   November 02, 2018                  234,938
   November 03, 2018                  100,797
   November 04, 2018                   18,316
   November 05, 2018                  135,572
   November 06, 2018                  144,024
   November 07, 2018                  143,936
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,712        1,219      11,931
CARCASS BASE PRICE             59.53            *       59.53
AVERAGE NET PRICE              61.47            *       61.47
LOWEST NET LOT                 45.71            *       45.71
HIGHEST NET LOT                65.44            *       65.44
AVERAGE LIVE WT               271.46            *      271.16
AVERAGE CARCASS WT            201.28            *      201.23
AVERAGE SORT LOSS              -1.21            *       -1.19
AVERAGE BACKFAT                 0.62            *        0.62
AVG LOIN DEPTH (LD)             2.46            *        2.46
LEA (LD Converted)              7.39            *        7.39
AVERAGE LEAN PERCENT           54.49            *       54.53
(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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