Report Date: 11/15/2018
LM_HG201
Des Moines, Iowa Thu, Nov 15, 2018 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, November 14, 2018
Barrows and Gilts (Live and Carcass Basis): 444,506
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 8,371 38,765 132,649 110,073 973 290,831
CARCASS BASE PRICE 53.91 54.17 56.91 63.65 * 59.08
AVERAGE NET PRICE 55.95 57.03 59.55 64.56 * 61.06
LOWEST NET LOT 38.53 42.01 44.84 49.96 * 47.39
HIGHEST NET LOT 60.95 68.16 73.53 81.87 * 72.14
AVERAGE LIVE WT 268.41 284.35 282.84 282.66 * 282.58
AVERAGE CARCASS WT 194.89 214.76 212.54 211.72 * 212.13
AVERAGE SORT LOSS -1.98 -1.77 -1.53 -1.30 * -1.48
AVERAGE BACKFAT 0.62 0.62 0.64 0.71 * 0.66
AVG LOIN DEPTH (LD) 2.35 2.74 2.69 2.52 * 2.64
LEA (LD Converted) 7.04 8.23 8.10 7.57 * 7.94
AVERAGE LEAN PERCENT 54.55 56.28 56.10 55.35 * 55.87
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 13,356
CARCASS BASE PRICE 55.69
AVERAGE NET PRICE 57.29
AVERAGE OF LOWEST NET LOTS 50.91
AVERAGE OF HIGHEST NET LOTS 58.70
AVERAGE LIVE WT 278.55
AVERAGE CARCASS WT 208.26
AVERAGE SORT LOSS -2.18
AVERAGE BACKFAT 0.65
AVERAGE LOIN DEPTH (LD) 2.67
LOINEYE AREA (LD Converted) 8.02
AVERAGE LEAN PERCENT 55.75
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 140,319
AVERAGE LIVE WT 283.02
AVERAGE CARCASS WT 215.25
AVERAGE BACKFAT 0.67
AVERAGE LOIN DEPTH (LD) 2.49
AVERAGE LEAN PERCENT 53.95
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.00 lbs carcass; BF 0.66; LD 2.60; LEA 7.81; FFLI 53.40%
CARCASS-BASED PURCHASES:
Wtd Avg Base $58.92
Wtd Avg Net Price $60.88
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
November 15, 2018 449,848
November 16, 2018 415,807
November 17, 2018 224,993
November 18, 2018 30,717
November 19, 2018 252,539
November 20, 2018 253,049
November 21, 2018 232,015
November 22, 2018 10,491
November 23, 2018 257,301
November 24, 2018 193,729
November 25, 2018 19,071
November 26, 2018 144,593
November 27, 2018 147,944
November 28, 2018 147,938
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NEGOTIATED NEGOTIATED COMBINED
FORMULA
Producer Sold:
HEAD COUNT 8,371 973 9,344
CARCASS BASE PRICE 53.91 * 53.91
AVERAGE NET PRICE 55.95 * 55.95
LOWEST NET LOT 38.53 * 38.53
HIGHEST NET LOT 60.95 * 60.95
AVERAGE LIVE WT 268.41 * 270.31
AVERAGE CARCASS WT 194.89 * 194.89
AVERAGE SORT LOSS -1.98 * -1.98
AVERAGE BACKFAT 0.62 * 0.62
AVG LOIN DEPTH (LD) 2.35 * 2.35
LEA (LD Converted) 7.04 * 7.04
AVERAGE LEAN PERCENT 54.55 * 54.55
(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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