Report Date: 11/29/2018
LM_HG201
Des Moines, Iowa Thu, Nov 29, 2018 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, November 28, 2018
Barrows and Gilts (Live and Carcass Basis): 440,116
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 6,498 39,695 129,896 110,784 2,077 288,950
CARCASS BASE PRICE 50.91 54.42 54.04 62.09 * 57.23
AVERAGE NET PRICE 52.56 57.15 56.66 62.99 * 59.17
LOWEST NET LOT 45.63 42.72 45.41 47.26 * 45.27
HIGHEST NET LOT 58.35 65.23 67.95 79.84 * 70.11
AVERAGE LIVE WT 269.60 285.22 285.93 282.72 * 284.25
AVERAGE CARCASS WT 195.23 216.18 214.41 211.66 * 213.22
AVERAGE SORT LOSS -1.82 -1.99 -1.68 -1.41 * -1.62
AVERAGE BACKFAT 0.63 0.63 0.65 0.72 * 0.67
AVG LOIN DEPTH (LD) 2.35 2.77 2.70 2.54 * 2.66
LEA (LD Converted) 7.05 8.32 8.13 7.63 * 8.00
AVERAGE LEAN PERCENT 54.44 56.31 55.99 55.35 * 55.83
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 12,601
CARCASS BASE PRICE 53.19
AVERAGE NET PRICE 55.44
AVERAGE OF LOWEST NET LOTS 51.31
AVERAGE OF HIGHEST NET LOTS 57.90
AVERAGE LIVE WT 272.74
AVERAGE CARCASS WT 206.08
AVERAGE SORT LOSS -1.82
AVERAGE BACKFAT 0.63
AVERAGE LOIN DEPTH (LD) 2.63
LOINEYE AREA (LD Converted) 7.90
AVERAGE LEAN PERCENT 55.82
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 138,565
AVERAGE LIVE WT 286.28
AVERAGE CARCASS WT 217.24
AVERAGE BACKFAT 0.67
AVERAGE LOIN DEPTH (LD) 2.50
AVERAGE LEAN PERCENT 53.92
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.22 lbs carcass; BF 0.67; LD 2.61; LEA 7.86; FFLI 53.30%
CARCASS-BASED PURCHASES:
Wtd Avg Base $57.05
Wtd Avg Net Price $59.01
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
November 29, 2018 446,979
November 30, 2018 400,628
December 01, 2018 150,078
December 02, 2018 32,435
December 03, 2018 249,281
December 04, 2018 255,333
December 05, 2018 251,055
December 06, 2018 254,060
December 07, 2018 240,688
December 08, 2018 96,273
December 09, 2018 14,819
December 10, 2018 146,073
December 11, 2018 154,205
December 12, 2018 149,835
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NEGOTIATED NEGOTIATED COMBINED
FORMULA
Producer Sold:
HEAD COUNT 6,498 2,077 8,575
CARCASS BASE PRICE 50.91 * 50.91
AVERAGE NET PRICE 52.56 * 52.56
LOWEST NET LOT 45.63 * 45.63
HIGHEST NET LOT 58.35 * 58.35
AVERAGE LIVE WT 269.60 * 272.98
AVERAGE CARCASS WT 195.23 * 196.69
AVERAGE SORT LOSS -1.82 * -1.71
AVERAGE BACKFAT 0.63 * 0.64
AVG LOIN DEPTH (LD) 2.35 * 2.39
LEA (LD Converted) 7.05 * 7.19
AVERAGE LEAN PERCENT 54.44 * 54.53
(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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