National Daily Direct Prior Day Slaughtered Swine
LM_HG201
Des Moines, Iowa               Mon, Apr 16, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, April 13, 2018 and Saturday, April 14, 2018

Barrows and Gilts (Live and Carcass Basis): 513,367

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

HEAD COUNT                14,537   42,540   160,637  110,573      1,526  329,813
CARCASS BASE PRICE         45.86    56.97     51.79    60.72          *    55.40
AVERAGE NET PRICE          46.82    59.72     54.25    61.67          *    57.27
LOWEST NET LOT             32.21    40.15     42.86    42.78          *    36.88
HIGHEST NET LOT            54.02    78.48     67.91    77.33          *    72.53
AVERAGE LIVE WT           281.33   286.79    285.92   285.60          *   285.75
AVERAGE CARCASS WT        210.23   217.43    215.40   215.41          *   215.44
AVERAGE SORT LOSS          -2.22    -1.97     -1.86    -1.58          *    -1.79
AVERAGE BACKFAT             0.64     0.60      0.64     0.70          *     0.65
AVG LOIN DEPTH (LD)         2.46     2.78      2.72     2.53          *     2.66
LEA (LD Converted)          7.40     8.37      8.18     7.62          *     8.01
AVERAGE LEAN PERCENT       54.83    56.50     56.21    55.63          *    56.04
(Packer Buying Programs)
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Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,373
CARCASS BASE PRICE                51.62
AVERAGE NET PRICE                 54.26
AVERAGE OF LOWEST NET LOTS        51.52
AVERAGE OF HIGHEST NET LOTS       57.73
AVERAGE LIVE WT                  279.14
AVERAGE CARCASS WT               211.63
AVERAGE SORT LOSS                 -1.74
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.82
LOINEYE AREA (LD Converted)        8.48
AVERAGE LEAN PERCENT              57.14
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      173,181
AVERAGE LIVE WT                  288.21
AVERAGE CARCASS WT               219.42
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.58
AVERAGE LEAN PERCENT              54.41
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                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.69 lbs carcass;  BF 0.65;  LD 2.64;  LEA 7.94;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $55.28
                    Wtd Avg Net Price        $57.18
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 16, 2018                     430,504
   April 17, 2018                     416,557
   April 18, 2018                     412,386
   April 19, 2018                     398,083
   April 20, 2018                     370,305
   April 21, 2018                      82,336
   April 22, 2018                      22,831
   April 23, 2018                     149,199
   April 24, 2018                     150,100
   April 25, 2018                     149,802
   April 26, 2018                     148,357
   April 27, 2018                     139,218
   April 28, 2018                       4,305
   April 29, 2018                      21,058
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                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    14,537        1,526      16,063
CARCASS BASE PRICE             45.86            *       45.86
AVERAGE NET PRICE              46.82            *       46.82
LOWEST NET LOT                 32.21            *       32.21
HIGHEST NET LOT                54.02            *       54.02
AVERAGE LIVE WT               281.33            *      281.82
AVERAGE CARCASS WT            210.23            *      210.02
AVERAGE SORT LOSS              -2.22            *       -2.17
AVERAGE BACKFAT                 0.64            *        0.64
AVG LOIN DEPTH (LD)             2.46            *        2.47
LEA (LD Converted)              7.40            *        7.44
AVERAGE LEAN PERCENT           54.83            *       54.96
(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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