National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/6/2018

Past Market Reports

Report Date: 12/6/2018

LM_HG201
Des Moines, Iowa               Thu, Dec 06, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, December 5, 2018

Barrows and Gilts (Live and Carcass Basis): 442,208

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

HEAD COUNT                 7,662   41,650   124,583  107,020      2,334  283,249
CARCASS BASE PRICE         49.32    54.16     54.04    61.87          *    56.90
AVERAGE NET PRICE          50.26    56.72     56.33    62.73          *    58.66
LOWEST NET LOT             42.05    42.47     42.41    38.19          *    41.02
HIGHEST NET LOT            55.70    74.24     69.03    80.84          *    69.04
AVERAGE LIVE WT           276.31   284.23    284.46   283.23          *   283.80
AVERAGE CARCASS WT        201.56   213.93    213.74   212.23          *   212.88
AVERAGE SORT LOSS          -1.99    -1.72     -1.73    -1.46          *    -1.63
AVERAGE BACKFAT             0.72     0.64      0.64     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.29     2.70      2.70     2.52          *     2.64
LEA (LD Converted)          6.88     8.11      8.13     7.57          *     7.93
AVERAGE LEAN PERCENT       53.93    55.95     56.04    55.36          *    55.77
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,233
CARCASS BASE PRICE                52.20
AVERAGE NET PRICE                 53.88
AVERAGE OF LOWEST NET LOTS        49.22
AVERAGE OF HIGHEST NET LOTS       55.22
AVERAGE LIVE WT                  273.68
AVERAGE CARCASS WT               201.45
AVERAGE SORT LOSS                 -2.02
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.94
AVERAGE LEAN PERCENT              55.93
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      147,726
AVERAGE LIVE WT                  284.83
AVERAGE CARCASS WT               215.58
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.17
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.55 lbs carcass;  BF 0.67;  LD 2.60;  LEA 7.82;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.74
                    Wtd Avg Net Price        $58.50
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 06, 2018                  451,815
   December 07, 2018                  400,172
   December 08, 2018                  198,761
   December 09, 2018                   32,119
   December 10, 2018                  253,595
   December 11, 2018                  254,799
   December 12, 2018                  257,403
   December 13, 2018                  250,230
   December 14, 2018                  239,520
   December 15, 2018                  102,111
   December 16, 2018                   16,016
   December 17, 2018                  146,527
   December 18, 2018                  152,225
   December 19, 2018                  152,552
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,662        2,334        9,996
CARCASS BASE PRICE             49.32            *        49.32
AVERAGE NET PRICE              50.26            *        50.26
LOWEST NET LOT                 42.05            *        42.05
HIGHEST NET LOT                55.70            *        55.70
AVERAGE LIVE WT               276.31            *       279.35
AVERAGE CARCASS WT            201.56            *       201.52
AVERAGE SORT LOSS              -1.99            *        -1.88
AVERAGE BACKFAT                 0.72            *         0.72
AVG LOIN DEPTH (LD)             2.29            *         2.31
LEA (LD Converted)              6.88            *         6.93
AVERAGE LEAN PERCENT           53.93            *        53.93
(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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