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USDA-LM: National Daily Direct Prior Day Slaughtered Swine

Des Moines, Iowa - Wed, Jan 03, 2018 - USDA Market News

   ***Corrections to Entire Report***

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, January 2, 2018

Barrows and Gilts (Live and Carcass Basis): 404,740

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

HEAD COUNT                 8,460   43,319   123,842   89,909      1,595  267,125
CARCASS BASE PRICE         57.32    63.79     61.51    66.61          *    63.69
AVERAGE NET PRICE          59.87    65.85     63.71    67.65          *    65.42
LOWEST NET LOT             51.34    50.88     46.99    47.93          *    49.26
HIGHEST NET LOT            67.17    74.47     79.45    87.09          *    77.45
AVERAGE LIVE WT           267.83   285.55    283.63   281.52          *   282.71
AVERAGE CARCASS WT        197.14   216.91    215.28   211.99          *   213.85
AVERAGE SORT LOSS          -1.52    -1.93     -2.07    -1.29          *    -1.76
AVERAGE BACKFAT             0.64     0.67      0.65     0.70          *     0.67
AVG LOIN DEPTH (LD)         2.30     2.70      2.74     2.53          *     2.66
LEA (LD Converted)          6.91     8.12      8.24     7.60          *     8.00
AVERAGE LEAN PERCENT       54.31    55.79     56.13    55.50          *    55.84
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,694
CARCASS BASE PRICE                60.46
AVERAGE NET PRICE                 61.46
AVERAGE OF LOWEST NET LOTS        54.65
AVERAGE OF HIGHEST NET LOTS       66.36
AVERAGE LIVE WT                  277.50
AVERAGE CARCASS WT               211.77
AVERAGE SORT LOSS                 -1.87
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        7.99
AVERAGE LEAN PERCENT              55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      124,921
AVERAGE LIVE WT                  281.83
AVERAGE CARCASS WT               214.14
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.95
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.86 lbs carcass;  BF 0.67;  LD 2.61;  LEA 7.84;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.53
                    Wtd Avg Net Price        $65.23
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 03, 2018                   439,821
   January 04, 2018                   416,007
   January 05, 2018                   408,462
   January 06, 2018                   323,974
   January 07, 2018                    27,416
   January 08, 2018                   178,678
   January 09, 2018                   178,400
   January 10, 2018                   176,034
   January 11, 2018                   167,796
   January 12, 2018                   158,255
   January 13, 2018                    25,099
   January 14, 2018                    13,434
   January 15, 2018                    74,966
   January 16, 2018                   104,073
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,460        1,595      10,055
CARCASS BASE PRICE             57.32            *       57.32
AVERAGE NET PRICE              59.87            *       59.87
LOWEST NET LOT                 51.34            *       51.34
HIGHEST NET LOT                67.17            *       67.17
AVERAGE LIVE WT               267.83            *      269.52
AVERAGE CARCASS WT            197.14            *      197.28
AVERAGE SORT LOSS              -1.52            *       -1.46
AVERAGE BACKFAT                 0.64            *        0.65
AVG LOIN DEPTH (LD)             2.30            *        2.31
LEA (LD Converted)              6.91            *        6.93
AVERAGE LEAN PERCENT           54.31            *       54.24
(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-poultry-grain
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