National Daily Direct Prior Day Slaughtered Swine
LM_HG201
Des Moines, Iowa               Thu, Oct 12, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, October 11, 2017

Barrows and Gilts (Live and Carcass Basis): 425,591

                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                            FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                10,204   37,520   146,391   89,070      2,085  285,270
CARCASS BASE PRICE         52.26    61.09     57.00    63.81          *    59.62
AVERAGE NET PRICE          54.17    64.29     59.74    64.89          *    61.84
LOWEST NET LOT             46.33    52.42     45.55    49.91          *    48.65
HIGHEST NET LOT            61.03    75.60     72.91    82.64          *    76.45
AVERAGE LIVE WT           273.24   280.30    280.10   279.92          *   279.86
AVERAGE CARCASS WT        201.87   211.47    210.15   210.25          *   210.11
AVERAGE SORT LOSS          -1.41    -1.53     -1.34    -1.06          *    -1.28
AVERAGE BACKFAT             0.62     0.66      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.34     2.69      2.71     2.50          *     2.64
LEA (LD Converted)          7.03     8.10      8.14     7.50          *     7.94
AVERAGE LEAN PERCENT       54.80    55.74     56.05    55.30          *    55.77
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,496
CARCASS BASE PRICE                55.82
AVERAGE NET PRICE                 57.30
AVERAGE OF LOWEST NET LOTS        49.90
AVERAGE OF HIGHEST NET LOTS       59.34
AVERAGE LIVE WT                  280.79
AVERAGE CARCASS WT               210.31
AVERAGE SORT LOSS                 -2.46
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.57
LOINEYE AREA (LD Converted)        7.74
AVERAGE LEAN PERCENT              56.36
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      123,825
AVERAGE LIVE WT                  278.41
AVERAGE CARCASS WT               210.62
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.00
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
210.26 lbs carcass;  BF 0.67;  LD 2.60;  LEA 7.82;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $59.40
                    Wtd Avg Net Price        $61.58
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 12, 2017                   436,417
   October 13, 2017                   383,532
   October 14, 2017                   178,218
   October 15, 2017                    44,700
   October 16, 2017                   249,525
   October 17, 2017                   254,694
   October 18, 2017                   252,055
   October 19, 2017                   241,348
   October 20, 2017                   228,064
   October 21, 2017                    68,183
   October 22, 2017                    15,543
   October 23, 2017                   113,127
   October 24, 2017                   126,387
   October 25, 2017                   123,881
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,204        2,085      12,289
CARCASS BASE PRICE             52.26            *       52.26
AVERAGE NET PRICE              54.17            *       54.17
LOWEST NET LOT                 46.33            *       46.33
HIGHEST NET LOT                61.03            *       61.03
AVERAGE LIVE WT               273.24            *      275.31
AVERAGE CARCASS WT            201.87            *      201.87
AVERAGE SORT LOSS              -1.41            *       -1.41
AVERAGE BACKFAT                 0.62            *        0.62
AVG LOIN DEPTH (LD)             2.34            *        2.34
LEA (LD Converted)              7.03            *        7.03
AVERAGE LEAN PERCENT           54.80            *       54.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
*Price not reported due to confidentiality, For more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

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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