National Daily Direct Prior Day Slaughtered Swine
LM_HG201
Des Moines, Iowa               Fri, Sep 14, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, September 13, 2018

Barrows and Gilts (Live and Carcass Basis): 374,656

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

HEAD COUNT                 9,121   34,904   118,933  102,587        461  266,006
CARCASS BASE PRICE         43.10    55.39     49.61    59.62          *    54.09
AVERAGE NET PRICE          45.09    58.53     52.97    61.21          *    56.67
LOWEST NET LOT             36.88    49.38     32.47    40.00          *    41.79
HIGHEST NET LOT            53.80    81.31     70.04    83.09          *    72.22
AVERAGE LIVE WT           262.22   278.95    278.38   278.58          *   278.02
AVERAGE CARCASS WT        194.86   210.91    208.96   209.10          *   208.83
AVERAGE SORT LOSS          -1.41    -1.28     -1.19    -0.89          *    -1.10
AVERAGE BACKFAT             0.62     0.59      0.63     0.70          *     0.65
AVG LOIN DEPTH (LD)         2.34     2.72      2.68     2.53          *     2.63
LEA (LD Converted)          7.01     8.19      8.06     7.59          *     7.92
AVERAGE LEAN PERCENT       54.80    56.50     56.16    55.60          *    56.02
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,172
CARCASS BASE PRICE                48.01
AVERAGE NET PRICE                 50.25
AVERAGE OF LOWEST NET LOTS        42.25
AVERAGE OF HIGHEST NET LOTS       50.10
AVERAGE LIVE WT                  271.44
AVERAGE CARCASS WT               205.46
AVERAGE SORT LOSS                 -1.55
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.01
AVERAGE LEAN PERCENT              56.28
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       99,478
AVERAGE LIVE WT                  280.05
AVERAGE CARCASS WT               212.34
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.91
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                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.71 lbs carcass;  BF 0.65;  LD 2.59;  LEA 7.77;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $53.89
                    Wtd Avg Net Price        $56.47
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 14, 2018                 362,631
   September 15, 2018                 128,291
   September 16, 2018                  35,589
   September 17, 2018                 322,802
   September 18, 2018                 322,031
   September 19, 2018                 325,453
   September 20, 2018                 313,070
   September 21, 2018                 290,910
   September 22, 2018                  65,289
   September 23, 2018                  14,230
   September 24, 2018                 134,776
   September 25, 2018                 136,246
   September 26, 2018                 136,680
   September 27, 2018                 131,788
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                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,121          461       9,582
CARCASS BASE PRICE             43.10            *       43.10
AVERAGE NET PRICE              45.09            *       45.09
LOWEST NET LOT                 36.88            *       36.88
HIGHEST NET LOT                53.80            *       53.80
AVERAGE LIVE WT               262.22            *      263.04
AVERAGE CARCASS WT            194.86            *      194.90
AVERAGE SORT LOSS              -1.41            *       -1.42
AVERAGE BACKFAT                 0.62            *        0.62
AVG LOIN DEPTH (LD)             2.34            *        2.34
LEA (LD Converted)              7.01            *        7.02
AVERAGE LEAN PERCENT           54.80            *       54.81
(Packer Buying Programs)
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* 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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