National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/7/2018

Past Market Reports

Report Date: 11/7/2018

LM_HG201
Des Moines, Iowa               Wed, Nov 07, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, November 6, 2018

Barrows and Gilts (Live and Carcass Basis): 438,256

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

HEAD COUNT                 9,390   37,527   128,969  102,495      1,247  279,628
CARCASS BASE PRICE         57.15    55.27     61.30    65.95          *    62.11
AVERAGE NET PRICE          59.68    57.96     63.84    67.13          *    64.17
LOWEST NET LOT             50.94    46.21     43.48    45.58          *    46.82
HIGHEST NET LOT            64.14    74.34     75.55    83.55          *    76.76
AVERAGE LIVE WT           272.40   282.82    283.04   280.13          *   281.62
AVERAGE CARCASS WT        201.37   213.01    212.91   209.88          *   211.42
AVERAGE SORT LOSS          -1.52    -1.70     -1.66    -1.11          *    -1.46
AVERAGE BACKFAT             0.66     0.60      0.65     0.72          *     0.67
AVG LOIN DEPTH (LD)         2.42     2.73      2.71     2.52          *     2.65
LEA (LD Converted)          7.26     8.20      8.16     7.56          *     7.95
AVERAGE LEAN PERCENT       54.86    56.33     56.10    55.27          *    55.85
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,213
CARCASS BASE PRICE                59.93
AVERAGE NET PRICE                 61.89
AVERAGE OF LOWEST NET LOTS        57.67
AVERAGE OF HIGHEST NET LOTS       66.48
AVERAGE LIVE WT                  277.51
AVERAGE CARCASS WT               206.12
AVERAGE SORT LOSS                 -1.45
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.58
LOINEYE AREA (LD Converted)        7.76
AVERAGE LEAN PERCENT              55.54
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      146,415
AVERAGE LIVE WT                  283.01
AVERAGE CARCASS WT               214.60
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              54.12
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.31 lbs carcass;  BF 0.67;  LD 2.61;  LEA 7.84;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $62.02
                    Wtd Avg Net Price        $64.08
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 07, 2018                  453,617
   November 08, 2018                  430,176
   November 09, 2018                  394,589
   November 10, 2018                  195,475
   November 11, 2018                   22,751
   November 12, 2018                  165,743
   November 13, 2018                  203,667
   November 14, 2018                  197,711
   November 15, 2018                  198,003
   November 16, 2018                  189,704
   November 17, 2018                   74,193
   November 18, 2018                   18,851
   November 19, 2018                  135,006
   November 20, 2018                  144,485
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,390        1,247      10,637
CARCASS BASE PRICE             57.15            *       57.15
AVERAGE NET PRICE              59.68            *       59.68
LOWEST NET LOT                 50.94            *       50.94
HIGHEST NET LOT                64.14            *       64.14
AVERAGE LIVE WT               272.40            *      273.40
AVERAGE CARCASS WT            201.37            *      201.50
AVERAGE SORT LOSS              -1.52            *       -1.44
AVERAGE BACKFAT                 0.66            *        0.67
AVG LOIN DEPTH (LD)             2.42            *        2.41
LEA (LD Converted)              7.26            *        7.24
AVERAGE LEAN PERCENT           54.86            *       54.76
(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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