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USDA-LM: National Daily Direct Prior Day Slaughtered Swine

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


NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, November 9, 2017

Barrows and Gilts (Live and Carcass Basis): 417,866

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

HEAD COUNT                11,014   41,229   140,599   87,262      2,213  282,317
CARCASS BASE PRICE         62.41    61.49     64.97    69.41          *    65.86
AVERAGE NET PRICE          64.32    64.45     67.47    70.47          *    67.95
LOWEST NET LOT             57.04    55.75     52.27    59.26          *    57.20
HIGHEST NET LOT            70.74    72.82     79.08    89.98          *    80.04
AVERAGE LIVE WT           268.20   284.03    285.00   283.19          *   283.60
AVERAGE CARCASS WT        199.48   214.24    214.13   211.83          *   212.91
AVERAGE SORT LOSS          -1.67    -1.95     -1.70    -1.11          *    -1.54
AVERAGE BACKFAT             0.62     0.64      0.66     0.72          *     0.67
AVG LOIN DEPTH (LD)         2.28     2.79      2.74     2.53          *     2.68
LEA (LD Converted)          6.85     8.38      8.24     7.59          *     8.04
AVERAGE LEAN PERCENT       54.00    56.24     56.06    55.32          *    55.82
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,560
CARCASS BASE PRICE                63.78
AVERAGE NET PRICE                 65.61
AVERAGE OF LOWEST NET LOTS        61.25
AVERAGE OF HIGHEST NET LOTS       68.59
AVERAGE LIVE WT                  285.06
AVERAGE CARCASS WT               212.28
AVERAGE SORT LOSS                 -1.54
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.84
AVERAGE LEAN PERCENT              55.98
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      123,989
AVERAGE LIVE WT                  283.13
AVERAGE CARCASS WT               213.92
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.07
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.18 lbs carcass;  BF 0.67;  LD 2.63;  LEA 7.91;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.77
                    Wtd Avg Net Price        $67.85
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 10, 2017                  427,465
   November 11, 2017                  163,807
   November 12, 2017                   41,806
   November 13, 2017                  364,236
   November 14, 2017                  374,906
   November 15, 2017                  369,321
   November 16, 2017                  365,270
   November 17, 2017                  349,843
   November 18, 2017                   98,577
   November 19, 2017                   19,613
   November 20, 2017                  156,418
   November 21, 2017                  165,321
   November 22, 2017                  154,341
   November 23, 2017                    2,285
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    11,014        2,213      13,227
CARCASS BASE PRICE             62.41            *       62.41
AVERAGE NET PRICE              64.32            *       64.32
LOWEST NET LOT                 57.04            *       57.04
HIGHEST NET LOT                70.74            *       70.74
AVERAGE LIVE WT               268.20            *      271.21
AVERAGE CARCASS WT            199.48            *      199.48
AVERAGE SORT LOSS              -1.67            *       -1.67
AVERAGE BACKFAT                 0.62            *        0.62
AVG LOIN DEPTH (LD)             2.28            *        2.28
LEA (LD Converted)              6.85            *        6.85
AVERAGE LEAN PERCENT           54.00            *       54.00
(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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