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USDA - AMS: National Daily Direct Prior Day Slaughtered Swine (2018-12-18)

USDA U.S. Department of Agriculture - December 18, 2018

LM_HG201
Des Moines, Iowa               Tue, Dec 18, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, December 17, 2018

Barrows and Gilts (Live and Carcass Basis): 431,318

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

HEAD COUNT                 9,424   37,373   130,156   97,879      1,233  276,065
CARCASS BASE PRICE         46.58    56.05     53.27    60.98          *    56.20
AVERAGE NET PRICE          47.95    58.11     55.45    62.50          *    58.16
LOWEST NET LOT             35.90    46.20     39.93    37.42          *    42.97
HIGHEST NET LOT            53.85    71.64     70.74    81.50          *    72.83
AVERAGE LIVE WT           271.10   283.33    282.61   280.23          *   281.58
AVERAGE CARCASS WT        202.18   214.17    211.99   209.78          *   211.17
AVERAGE SORT LOSS          -2.02    -1.70     -1.50    -1.09          *    -1.41
AVERAGE BACKFAT             0.68     0.66      0.65     0.68          *     0.66
AVG LOIN DEPTH (LD)         2.34     2.67      2.66     2.54          *     2.62
LEA (LD Converted)          7.01     8.03      7.99     7.64          *     7.88
AVERAGE LEAN PERCENT       54.59    55.75     56.01    55.50          *    55.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,564
CARCASS BASE PRICE                50.08
AVERAGE NET PRICE                 51.52
AVERAGE OF LOWEST NET LOTS        52.57
AVERAGE OF HIGHEST NET LOTS       62.17
AVERAGE LIVE WT                  273.24
AVERAGE CARCASS WT               204.31
AVERAGE SORT LOSS                 -1.58
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.58
LOINEYE AREA (LD Converted)        7.76
AVERAGE LEAN PERCENT              55.49
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      146,689
AVERAGE LIVE WT                  282.76
AVERAGE CARCASS WT               214.43
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:
212.16 lbs carcass;  BF 0.66;  LD 2.59;  LEA 7.77;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.00
                    Wtd Avg Net Price        $57.95
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 18, 2018                  453,113
   December 19, 2018                  427,138
   December 20, 2018                  414,411
   December 21, 2018                  401,366
   December 22, 2018                  282,791
   December 23, 2018                    8,118
   December 24, 2018                   25,660
   December 25, 2018                    6,313
   December 26, 2018                  201,852
   December 27, 2018                  199,300
   December 28, 2018                  194,524
   December 29, 2018                  154,680
   December 30, 2018                   13,835
   December 31, 2018                   83,253
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,424        1,233      10,657
CARCASS BASE PRICE             46.58            *       46.58
AVERAGE NET PRICE              47.95            *       47.95
LOWEST NET LOT                 35.90            *       35.90
HIGHEST NET LOT                53.85            *       53.85
AVERAGE LIVE WT               271.10            *      273.14
AVERAGE CARCASS WT            202.18            *      202.18
AVERAGE SORT LOSS              -2.02            *       -2.02
AVERAGE BACKFAT                 0.68            *        0.68
AVG LOIN DEPTH (LD)             2.34            *        2.34
LEA (LD Converted)              7.01            *        7.01
AVERAGE LEAN PERCENT           54.59            *       54.59
(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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