National Daily Direct Prior Day Slaughtered Swine
LM_HG201
Des Moines, Iowa               Fri, Nov 09, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, November 8, 2018

Barrows and Gilts (Live and Carcass Basis): 435,065

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

HEAD COUNT                13,009   37,835   130,975  103,971        997  286,787
CARCASS BASE PRICE         57.32    54.00     60.05    65.31          *    61.07
AVERAGE NET PRICE          59.09    56.71     62.67    66.20          *    63.05
LOWEST NET LOT             50.02    44.00     46.88    51.00          *    47.90
HIGHEST NET LOT            65.51    74.03     74.36    82.58          *    75.94
AVERAGE LIVE WT           269.08   284.16    285.20   284.31          *   284.11
AVERAGE CARCASS WT        202.96   215.32    214.30   212.89          *   213.45
AVERAGE SORT LOSS          -1.55    -1.64     -1.56    -1.38          *    -1.51
AVERAGE BACKFAT             0.66     0.63      0.65     0.71          *     0.67
AVG LOIN DEPTH (LD)         2.43     2.75      2.71     2.52          *     2.65
LEA (LD Converted)          7.29     8.26      8.15     7.58          *     7.97
AVERAGE LEAN PERCENT       54.52    56.28     56.09    55.40          *    55.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,865
CARCASS BASE PRICE                59.23
AVERAGE NET PRICE                 61.60
AVERAGE OF LOWEST NET LOTS        55.94
AVERAGE OF HIGHEST NET LOTS       68.91
AVERAGE LIVE WT                  280.05
AVERAGE CARCASS WT               208.66
AVERAGE SORT LOSS                 -1.44
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.07
AVERAGE LEAN PERCENT              56.18
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      137,413
AVERAGE LIVE WT                  284.98
AVERAGE CARCASS WT               215.86
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.96
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                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.10 lbs carcass;  BF 0.67;  LD 2.61;  LEA 7.84;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $61.01
                    Wtd Avg Net Price        $63.00
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 09, 2018                  420,199
   November 10, 2018                  208,572
   November 11, 2018                   27,085
   November 12, 2018                  350,788
   November 13, 2018                  376,568
   November 14, 2018                  378,337
   November 15, 2018                  373,267
   November 16, 2018                  365,285
   November 17, 2018                  199,000
   November 18, 2018                   20,731
   November 19, 2018                  149,431
   November 20, 2018                  153,580
   November 21, 2018                  141,294
   November 22, 2018                    3,268
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                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    13,009          997      14,006
CARCASS BASE PRICE             57.32            *       57.32
AVERAGE NET PRICE              59.09            *       59.09
LOWEST NET LOT                 50.02            *       50.02
HIGHEST NET LOT                65.51            *       65.51
AVERAGE LIVE WT               269.08            *      270.88
AVERAGE CARCASS WT            202.96            *      203.11
AVERAGE SORT LOSS              -1.55            *       -1.53
AVERAGE BACKFAT                 0.66            *        0.66
AVG LOIN DEPTH (LD)             2.43            *        2.43
LEA (LD Converted)              7.29            *        7.28
AVERAGE LEAN PERCENT           54.52            *       54.57
(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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