National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/10/2018

Past Market Reports

Report Date: 12/10/2018

LM_HG201
Des Moines, Iowa               Mon, Dec 10, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, December 7, 2018 and Saturday, December 8, 2018

Barrows and Gilts (Live and Carcass Basis): 632,845

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

HEAD COUNT                13,325   55,611   188,800  153,328      1,999  413,063
CARCASS BASE PRICE         48.95    53.26     54.27    61.22          *    56.57
AVERAGE NET PRICE          49.71    55.39     56.70    62.22          *    58.42
LOWEST NET LOT             37.45    35.55     41.28    41.56          *    38.64
HIGHEST NET LOT            59.34    65.72     73.21    83.04          *    72.54
AVERAGE LIVE WT           279.17   288.85    287.00   283.56          *   285.79
AVERAGE CARCASS WT        208.87   217.98    215.56   212.63          *   214.56
AVERAGE SORT LOSS          -2.59    -2.07     -1.66    -1.29          *    -1.62
AVERAGE BACKFAT             0.64     0.62      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.53     2.74      2.69     2.53          *     2.64
LEA (LD Converted)          7.59     8.23      8.10     7.59          *     7.95
AVERAGE LEAN PERCENT       55.30    56.20     55.97    55.32          *    55.79
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,588
CARCASS BASE PRICE                51.60
AVERAGE NET PRICE                 53.89
AVERAGE OF LOWEST NET LOTS        48.08
AVERAGE OF HIGHEST NET LOTS       60.59
AVERAGE LIVE WT                  277.88
AVERAGE CARCASS WT               208.32
AVERAGE SORT LOSS                 -1.61
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        7.98
AVERAGE LEAN PERCENT              55.81
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      203,194
AVERAGE LIVE WT                  288.50
AVERAGE CARCASS WT               217.85
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.13
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.47 lbs carcass;  BF 0.66;  LD 2.60;  LEA 7.83;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.37
                    Wtd Avg Net Price        $58.24
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 10, 2018                  445,922
   December 11, 2018                  442,443
   December 12, 2018                  418,968
   December 13, 2018                  417,426
   December 14, 2018                  395,659
   December 15, 2018                  161,095
   December 16, 2018                   19,460
   December 17, 2018                  149,372
   December 18, 2018                  156,885
   December 19, 2018                  154,723
   December 20, 2018                  156,484
   December 21, 2018                  156,030
   December 22, 2018                   97,419
   December 23, 2018                    1,958
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    13,325        1,999       15,324
CARCASS BASE PRICE             48.95            *        48.95
AVERAGE NET PRICE              49.71            *        49.71
LOWEST NET LOT                 37.45            *        37.45
HIGHEST NET LOT                59.34            *        59.34
AVERAGE LIVE WT               279.17            *       280.97
AVERAGE CARCASS WT            208.87            *       208.90
AVERAGE SORT LOSS              -2.59            *        -2.56
AVERAGE BACKFAT                 0.64            *         0.64
AVG LOIN DEPTH (LD)             2.53            *         2.53
LEA (LD Converted)              7.59            *         7.60
AVERAGE LEAN PERCENT           55.30            *        55.24
(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-po