Report Date: 10/29/2018
LM_HG201
Des Moines, Iowa Mon, Oct 29, 2018 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, October 26, 2018 and Saturday, October 27, 2018
Barrows and Gilts (Live and Carcass Basis): 623,781
NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/
MARKET OR PORK PURCHASE FORMULA WTD AVG
FORMULA MARKET ARRGMENT
(FUT/OPT)** FORMULA
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Producer Sold:
HEAD COUNT 18,321 55,444 187,637 134,781 1,168 397,351
CARCASS BASE PRICE 59.06 54.68 61.77 65.98 * 62.11
AVERAGE NET PRICE 60.32 57.57 64.36 67.34 * 64.28
LOWEST NET LOT 49.40 46.62 50.74 51.71 * 49.77
HIGHEST NET LOT 64.47 77.77 77.55 85.53 * 76.36
AVERAGE LIVE WT 279.86 285.13 284.33 281.80 * 283.35
AVERAGE CARCASS WT 207.75 215.73 212.80 211.53 * 212.55
AVERAGE SORT LOSS -1.61 -1.83 -1.54 -1.04 * -1.43
AVERAGE BACKFAT 0.64 0.61 0.64 0.71 * 0.66
AVG LOIN DEPTH (LD) 2.50 2.74 2.69 2.52 * 2.64
LEA (LD Converted) 7.52 8.25 8.08 7.58 * 7.94
AVERAGE LEAN PERCENT 54.66 56.38 56.05 55.33 * 55.84
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 13,115
CARCASS BASE PRICE 60.82
AVERAGE NET PRICE 63.20
AVERAGE OF LOWEST NET LOTS 55.18
AVERAGE OF HIGHEST NET LOTS 63.13
AVERAGE LIVE WT 277.56
AVERAGE CARCASS WT 207.11
AVERAGE SORT LOSS -1.36
AVERAGE BACKFAT 0.63
AVERAGE LOIN DEPTH (LD) 2.65
LOINEYE AREA (LD Converted) 7.96
AVERAGE LEAN PERCENT 55.96
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 213,315
AVERAGE LIVE WT 284.67
AVERAGE CARCASS WT 214.37
AVERAGE BACKFAT 0.69
AVERAGE LOIN DEPTH (LD) 2.49
AVERAGE LEAN PERCENT 53.84
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.05 lbs carcass; BF 0.67; LD 2.59; LEA 7.79; FFLI 53.20%
CARCASS-BASED PURCHASES:
Wtd Avg Base $62.07
Wtd Avg Net Price $64.25
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
October 29, 2018 445,654
October 30, 2018 424,518
October 31, 2018 415,473
November 01, 2018 414,400
November 02, 2018 395,108
November 03, 2018 189,245
November 04, 2018 23,874
November 05, 2018 151,803
November 06, 2018 154,734
November 07, 2018 153,869
November 08, 2018 152,667
November 09, 2018 143,150
November 10, 2018 40,480
November 11, 2018 6,510
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NEGOTIATED NEGOTIATED COMBINED
FORMULA
Producer Sold:
HEAD COUNT 18,321 1,168 19,489
CARCASS BASE PRICE 59.06 * 59.06
AVERAGE NET PRICE 60.32 * 60.32
LOWEST NET LOT 49.40 * 49.40
HIGHEST NET LOT 64.47 * 64.47
AVERAGE LIVE WT 279.86 * 279.56
AVERAGE CARCASS WT 207.75 * 207.93
AVERAGE SORT LOSS -1.61 * -1.60
AVERAGE BACKFAT 0.64 * 0.64
AVG LOIN DEPTH (LD) 2.50 * 2.50
LEA (LD Converted) 7.52 * 7.53
AVERAGE LEAN PERCENT 54.66 * 54.67
(Packer Buying Programs)
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* 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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