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USDA-LM: National Daily Base Lean Hog Carcass Slaughter Cost

Des Moines, IA - Fri, Nov 10, 2017 - USDA Market News


NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Thu, Nov 9, 2017
This report includes: Volume, Weighted Average Carcass Weight, and Base Cost


                      Avg           Base Cost     (Packer Buying Programs)
             Head   Carcass Backfat (Inches): 1.00-1.09  0.80-0.99 0.65-0.79
   Date     Count    Weight     Percent Lean:   49-50%     51-52%    53-54%

11/09/17     89,313 214.87                      62.44      64.35     66.21
11/08/17     90,704 214.08                      62.96      64.88     66.74
11/07/17     88,247 213.48                      63.43      65.35     67.21
11/06/17     84,816 213.32                      63.89      65.78     67.61
11/03/17    112,895 213.93                      64.29      66.13     67.89
11/02/17     96,027 213.21                      64.20      66.13     68.02

WEEKLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
For Week Ended:

11/03/17    491,161 212.81                      64.38      66.28     68.12
10/13/17    515,982 210.97                      54.14      56.01     57.83
11/11/16    573,929 210.84                      45.07      46.95     48.77

MONTHLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
For: October 2017

          2,233,809 211.37                      57.23      59.12     60.95

The values in the base cost lean calculations are determined by individual
packer's lean value buying programs, which are based on the backfat
and 6 to 7 square inch loineye area both measured at the 10th rib.

Calculations include Producer Sold negotiated and swine or pork market
formula and Packer Sold negotiated and swine or pork market formula data
from the National Prior Day Slaughtered Swine Report (LM_HG201.txt).

Monthly total and weighted averages represent slaughtered hogs reported
for the month.

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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