National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/4/2018

Past Market Reports

Report Date: 12/4/2018

LM_HG201	***LMR REPORTS WILL BE RELEASED AS NORMAL ON DEC 5th***
Des Moines, Iowa               Tue, Dec 04, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, December 3, 2018

Barrows and Gilts (Live and Carcass Basis): 427,244

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

HEAD COUNT                 7,110   33,696   115,662  110,615      2,169  269,252
CARCASS BASE PRICE         49.48    56.04     54.37    61.71          *    57.55
AVERAGE NET PRICE          51.65    58.20     56.70    63.06          *    59.46
LOWEST NET LOT             42.18    41.85     43.03    46.40          *    44.05
HIGHEST NET LOT            57.80    73.87     68.35    81.13          *    69.87
AVERAGE LIVE WT           271.30   283.18    284.50   281.63          *   282.89
AVERAGE CARCASS WT        199.57   214.12    213.71   210.31          *   211.94
AVERAGE SORT LOSS          -1.66    -1.57     -1.69    -1.22          *    -1.48
AVERAGE BACKFAT             0.63     0.65      0.64     0.68          *     0.66
AVG LOIN DEPTH (LD)         2.34     2.71      2.68     2.52          *     2.62
LEA (LD Converted)          7.04     8.16      8.06     7.57          *     7.88
AVERAGE LEAN PERCENT       54.74    55.91     56.00    55.57          *    55.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,379
CARCASS BASE PRICE                52.04
AVERAGE NET PRICE                 53.12
AVERAGE OF LOWEST NET LOTS        46.05
AVERAGE OF HIGHEST NET LOTS       52.80
AVERAGE LIVE WT                  278.69
AVERAGE CARCASS WT               209.39
AVERAGE SORT LOSS                 -1.94
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.58
LOINEYE AREA (LD Converted)        7.75
AVERAGE LEAN PERCENT              55.57
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      147,613
AVERAGE LIVE WT                  282.95
AVERAGE CARCASS WT               214.36
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.86
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.74 lbs carcass;  BF 0.66;  LD 2.57;  LEA 7.73;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $57.32
                    Wtd Avg Net Price        $59.21
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 04, 2018                  450,834
   December 05, 2018                  424,377
   December 06, 2018                  426,865
   December 07, 2018                  395,483
   December 08, 2018                  193,352
   December 09, 2018                   21,604
   December 10, 2018                  163,356
   December 11, 2018                  171,528
   December 12, 2018                  170,752
   December 13, 2018                  170,354
   December 14, 2018                  163,139
   December 15, 2018                   61,941
   December 16, 2018                   15,706
   December 17, 2018                  134,146
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,110        2,169       9,279
CARCASS BASE PRICE             49.48            *       49.48
AVERAGE NET PRICE              51.65            *       51.65
LOWEST NET LOT                 42.18            *       42.18
HIGHEST NET LOT                57.80            *       57.80
AVERAGE LIVE WT               271.30            *      276.77
AVERAGE CARCASS WT            199.57            *      199.61
AVERAGE SORT LOSS              -1.66            *       -1.53
AVERAGE BACKFAT                 0.63            *        0.66
AVG LOIN DEPTH (LD)             2.34            *        2.36
LEA (LD Converted)              7.04            *        7.09
AVERAGE LEAN PERCENT           54.74            *       54.42
(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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