National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/13/2018

Past Market Reports

Report Date: 11/13/2018

LM_HG201
Des Moines, Iowa               Tue, Nov 13, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, November 12, 2018

Barrows and Gilts (Live and Carcass Basis): 403,350

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

HEAD COUNT                 9,862   33,086   108,560   97,484      1,292  250,284
CARCASS BASE PRICE         55.40    53.74     58.29    64.39          *    60.03
AVERAGE NET PRICE          57.64    56.23     60.87    65.60          *    62.06
LOWEST NET LOT             47.03    40.53     48.86    41.75          *    43.65
HIGHEST NET LOT            67.66    65.31     71.65    83.21          *    72.85
AVERAGE LIVE WT           266.23   283.73    283.15   279.51          *   281.19
AVERAGE CARCASS WT        196.60   214.67    213.55   209.93          *   211.62
AVERAGE SORT LOSS          -1.66    -1.89     -1.53    -1.22          *    -1.47
AVERAGE BACKFAT             0.57     0.63      0.62     0.66          *     0.63
AVG LOIN DEPTH (LD)         2.43     2.70      2.68     2.52          *     2.62
LEA (LD Converted)          7.29     8.10      8.05     7.57          *     7.87
AVERAGE LEAN PERCENT       55.09    56.03     55.99    55.46          *    55.78
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,511
CARCASS BASE PRICE                57.24
AVERAGE NET PRICE                 58.87
AVERAGE OF LOWEST NET LOTS        52.41
AVERAGE OF HIGHEST NET LOTS       57.40
AVERAGE LIVE WT                  278.31
AVERAGE CARCASS WT               207.20
AVERAGE SORT LOSS                 -2.22
AVERAGE BACKFAT                    0.56
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.87
AVERAGE LEAN PERCENT              55.79
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      143,555
AVERAGE LIVE WT                  281.50
AVERAGE CARCASS WT               214.49
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.97
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.57 lbs carcass;  BF 0.64;  LD 2.58;  LEA 7.76;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $59.93
                    Wtd Avg Net Price        $61.95
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 13, 2018                  455,776
   November 14, 2018                  431,971
   November 15, 2018                  423,300
   November 16, 2018                  405,018
   November 17, 2018                  222,372
   November 18, 2018                   29,111
   November 19, 2018                  172,327
   November 20, 2018                  177,171
   November 21, 2018                  160,197
   November 22, 2018                    8,983
   November 23, 2018                  179,851
   November 24, 2018                  122,620
   November 25, 2018                   16,088
   November 26, 2018                  115,165
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,862        1,292      11,154
CARCASS BASE PRICE             55.40            *       55.40
AVERAGE NET PRICE              57.64            *       57.64
LOWEST NET LOT                 47.03            *       47.03
HIGHEST NET LOT                67.66            *       67.66
AVERAGE LIVE WT               266.23            *      268.72
AVERAGE CARCASS WT            196.60            *      196.60
AVERAGE SORT LOSS              -1.66            *       -1.66
AVERAGE BACKFAT                 0.57            *        0.57
AVG LOIN DEPTH (LD)             2.43            *        2.43
LEA (LD Converted)              7.29            *        7.29
AVERAGE LEAN PERCENT           55.09            *       55.09
(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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