National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/16/2018

Past Market Reports

Report Date: 11/16/2018

LM_HG201
Des Moines, Iowa               Fri, Nov 16, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, November 15, 2018

Barrows and Gilts (Live and Carcass Basis): 441,976

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

HEAD COUNT                 9,966   40,578   135,584  101,491      1,037  288,656
CARCASS BASE PRICE         54.08    54.19     56.51    63.27          *    58.53
AVERAGE NET PRICE          55.78    57.08     59.07    64.28          *    60.59
LOWEST NET LOT             43.54    44.18     43.86    40.60          *    43.66
HIGHEST NET LOT            60.40    68.50     70.12    82.62          *    70.57
AVERAGE LIVE WT           262.36   284.52    283.53   282.83          *   282.73
AVERAGE CARCASS WT        193.83   214.59    213.10   211.88          *   212.33
AVERAGE SORT LOSS          -1.27    -1.64     -1.58    -1.18          *    -1.44
AVERAGE BACKFAT             0.59     0.62      0.64     0.72          *     0.66
AVG LOIN DEPTH (LD)         2.30     2.73      2.68     2.51          *     2.63
LEA (LD Converted)          6.90     8.21      8.05     7.54          *     7.91
AVERAGE LEAN PERCENT       54.08    56.26     56.10    55.33          *    55.87
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,659
CARCASS BASE PRICE                55.43
AVERAGE NET PRICE                 57.88
AVERAGE OF LOWEST NET LOTS        50.35
AVERAGE OF HIGHEST NET LOTS       64.64
AVERAGE LIVE WT                  281.35
AVERAGE CARCASS WT               210.86
AVERAGE SORT LOSS                 -1.80
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.72
LOINEYE AREA (LD Converted)        8.20
AVERAGE LEAN PERCENT              56.44
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      143,661
AVERAGE LIVE WT                  286.09
AVERAGE CARCASS WT               216.02
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.03
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.52 lbs carcass;  BF 0.66;  LD 2.60;  LEA 7.81;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.43
                    Wtd Avg Net Price        $60.50
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 16, 2018                  440,920
   November 17, 2018                  226,162
   November 18, 2018                   33,815
   November 19, 2018                  388,345
   November 20, 2018                  385,363
   November 21, 2018                  358,753
   November 22, 2018                   12,238
   November 23, 2018                  386,820
   November 24, 2018                  282,814
   November 25, 2018                   18,766
   November 26, 2018                  147,458
   November 27, 2018                  150,829
   November 28, 2018                  150,665
   November 29, 2018                  147,566
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,966        1,037       11,003
CARCASS BASE PRICE             54.08            *        54.08
AVERAGE NET PRICE              55.78            *        55.78
LOWEST NET LOT                 43.54            *        43.54
HIGHEST NET LOT                60.40            *        60.40
AVERAGE LIVE WT               262.36            *       265.11
AVERAGE CARCASS WT            193.83            *       193.83
AVERAGE SORT LOSS              -1.27            *        -1.27
AVERAGE BACKFAT                 0.59            *         0.59
AVG LOIN DEPTH (LD)             2.30            *         2.30
LEA (LD Converted)              6.90            *         6.90
AVERAGE LEAN PERCENT           54.08            *        54.08
(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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