National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/26/2018

Past Market Reports

Report Date: 10/26/2018

LM_HG201
Des Moines, Iowa               Fri, Oct 26, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, October 25, 2018

Barrows and Gilts (Live and Carcass Basis): 449,493

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

HEAD COUNT                13,667   40,330   140,636  102,474      1,271  298,378
CARCASS BASE PRICE         59.56    55.04     62.08    66.93          *    62.70
AVERAGE NET PRICE          61.10    57.93     64.67    68.42          *    64.90
LOWEST NET LOT             50.94    46.92     50.43    56.02          *    51.84
HIGHEST NET LOT            64.17    76.86     76.70    86.05          *    78.18
AVERAGE LIVE WT           272.68   283.45    282.99   281.78          *   282.15
AVERAGE CARCASS WT        202.07   214.29    212.45   210.78          *   211.67
AVERAGE SORT LOSS          -1.38    -1.65     -1.59    -1.06          *    -1.41
AVERAGE BACKFAT             0.65     0.63      0.64     0.71          *     0.66
AVG LOIN DEPTH (LD)         2.41     2.74      2.68     2.54          *     2.64
LEA (LD Converted)          7.22     8.23      8.07     7.64          *     7.94
AVERAGE LEAN PERCENT       54.28    56.33     56.06    55.45          *    55.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,241
CARCASS BASE PRICE                60.74
AVERAGE NET PRICE                 63.10
AVERAGE OF LOWEST NET LOTS        57.38
AVERAGE OF HIGHEST NET LOTS       63.69
AVERAGE LIVE WT                  269.56
AVERAGE CARCASS WT               203.34
AVERAGE SORT LOSS                 -1.29
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.91
AVERAGE LEAN PERCENT              56.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      141,874
AVERAGE LIVE WT                  281.38
AVERAGE CARCASS WT               212.49
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.02
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.75 lbs carcass;  BF 0.66;  LD 2.60;  LEA 7.80;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $62.64
                    Wtd Avg Net Price        $64.85
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 26, 2018                   419,373
   October 27, 2018                   148,143
   October 28, 2018                    33,992
   October 29, 2018                   377,457
   October 30, 2018                   384,242
   October 31, 2018                   376,762
   November 01, 2018                  372,326
   November 02, 2018                  357,836
   November 03, 2018                  168,172
   November 04, 2018                   19,411
   November 05, 2018                  141,417
   November 06, 2018                  148,964
   November 07, 2018                  148,176
   November 08, 2018                  147,509
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    13,667        1,271      14,938
CARCASS BASE PRICE             59.56            *       59.56
AVERAGE NET PRICE              61.10            *       61.10
LOWEST NET LOT                 50.94            *       50.94
HIGHEST NET LOT                64.17            *       64.17
AVERAGE LIVE WT               272.68            *      273.13
AVERAGE CARCASS WT            202.07            *      202.07
AVERAGE SORT LOSS              -1.38            *       -1.38
AVERAGE BACKFAT                 0.65            *        0.65
AVG LOIN DEPTH (LD)             2.41            *        2.41
LEA (LD Converted)              7.22            *        7.22
AVERAGE LEAN PERCENT           54.28            *       54.28
(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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