National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/3/2018

Past Market Reports

Report Date: 12/3/2018

LM_HG201
Des Moines, Iowa               Mon, Dec 03, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, November 30, 2018 and Saturday, December 1, 2018

Barrows and Gilts (Live and Carcass Basis): 623,579

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

HEAD COUNT                10,870   51,875   174,728  141,231      1,842  380,546
CARCASS BASE PRICE         50.35    54.58     54.35    61.35          *    56.91
AVERAGE NET PRICE          51.55    57.21     56.64    62.23          *    58.71
LOWEST NET LOT             41.95    39.42     39.61    44.33          *    41.19
HIGHEST NET LOT            56.92    65.47     69.85    80.58          *    68.11
AVERAGE LIVE WT           276.11   285.14    286.23   285.75          *   285.63
AVERAGE CARCASS WT        204.67   215.12    214.70   214.48          *   214.41
AVERAGE SORT LOSS          -2.46    -1.89     -1.62    -1.31          *    -1.57
AVERAGE BACKFAT             0.60     0.61      0.66     0.71          *     0.67
AVG LOIN DEPTH (LD)         2.43     2.75      2.68     2.53          *     2.64
LEA (LD Converted)          7.29     8.27      8.06     7.59          *     7.92
AVERAGE LEAN PERCENT       54.57    56.47     55.97    55.36          *    55.82
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,343
CARCASS BASE PRICE                52.71
AVERAGE NET PRICE                 54.85
AVERAGE OF LOWEST NET LOTS        46.85
AVERAGE OF HIGHEST NET LOTS       62.38
AVERAGE LIVE WT                  280.98
AVERAGE CARCASS WT               208.63
AVERAGE SORT LOSS                 -1.62
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.94
AVERAGE LEAN PERCENT              55.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      228,690
AVERAGE LIVE WT                  287.66
AVERAGE CARCASS WT               218.32
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.73
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.75 lbs carcass;  BF 0.67;  LD 2.59;  LEA 7.77;  FFLI  53.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.75
                    Wtd Avg Net Price        $58.57
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 03, 2018                  445,001
   December 04, 2018                  428,287
   December 05, 2018                  413,111
   December 06, 2018                  417,821
   December 07, 2018                  390,798
   December 08, 2018                  190,058
   December 09, 2018                   19,534
   December 10, 2018                  147,488
   December 11, 2018                  156,338
   December 12, 2018                  155,592
   December 13, 2018                  157,639
   December 14, 2018                  149,299
   December 15, 2018                   53,106
   December 16, 2018                   13,208
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,870        1,842      12,712
CARCASS BASE PRICE             50.35            *       50.35
AVERAGE NET PRICE              51.55            *       51.55
LOWEST NET LOT                 41.95            *       41.95
HIGHEST NET LOT                56.92            *       56.92
AVERAGE LIVE WT               276.11            *      278.45
AVERAGE CARCASS WT            204.67            *      205.08
AVERAGE SORT LOSS              -2.46            *       -2.40
AVERAGE BACKFAT                 0.60            *        0.61
AVG LOIN DEPTH (LD)             2.43            *        2.44
LEA (LD Converted)              7.29            *        7.32
AVERAGE LEAN PERCENT           54.57            *       54.53
(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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