LM_HG201 Des Moines, Iowa Mon, Oct 16, 2017 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Friday, October 13, 2017 and Saturday, October 14, 2017 Barrows and Gilts (Live and Carcass Basis): 625,127 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 20,087 61,133 209,630 131,510 2,645 425,005 CARCASS BASE PRICE 52.61 60.50 58.73 63.57 * 60.27 AVERAGE NET PRICE 53.21 63.80 61.37 64.78 * 62.46 LOWEST NET LOT 46.63 51.80 48.70 50.56 * 49.72 HIGHEST NET LOT 64.62 72.94 74.00 78.51 * 74.58 AVERAGE LIVE WT 277.02 282.46 283.22 280.99 * 282.03 AVERAGE CARCASS WT 206.81 213.66 212.45 210.50 * 211.74 AVERAGE SORT LOSS -2.01 -1.79 -1.55 -0.94 * -1.42 AVERAGE BACKFAT 0.61 0.64 0.66 0.71 * 0.67 AVG LOIN DEPTH (LD) 2.39 2.77 2.73 2.50 * 2.66 LEA (LD Converted) 7.16 8.34 8.21 7.51 * 8.01 AVERAGE LEAN PERCENT 54.58 56.24 56.07 55.37 * 55.86 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 22,945 CARCASS BASE PRICE 57.54 AVERAGE NET PRICE 59.81 AVERAGE OF LOWEST NET LOTS 51.71 AVERAGE OF HIGHEST NET LOTS 63.14 AVERAGE LIVE WT 275.15 AVERAGE CARCASS WT 206.58 AVERAGE SORT LOSS -1.66 AVERAGE BACKFAT 0.64 AVERAGE LOIN DEPTH (LD) 2.53 LOINEYE AREA (LD Converted) 7.60 AVERAGE LEAN PERCENT 56.37 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 177,177 AVERAGE LIVE WT 282.34 AVERAGE CARCASS WT 212.92 AVERAGE BACKFAT 0.68 AVERAGE LOIN DEPTH (LD) 2.51 AVERAGE LEAN PERCENT 54.03 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 211.89 lbs carcass; BF 0.67; LD 2.62; LEA 7.88; FFLI 53.30% CARCASS-BASED PURCHASES: Wtd Avg Base $60.13 Wtd Avg Net Price $62.32 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count October 16, 2017 421,974 October 17, 2017 400,695 October 18, 2017 387,045 October 19, 2017 383,756 October 20, 2017 360,509 October 21, 2017 138,235 October 22, 2017 16,793 October 23, 2017 109,148 October 24, 2017 117,683 October 25, 2017 116,567 October 26, 2017 112,770 October 27, 2017 99,903 October 28, 2017 24,894 October 29, 2017 18,903 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 20,087 2,645 22,732 CARCASS BASE PRICE 52.61 * 52.61 AVERAGE NET PRICE 53.21 * 53.21 LOWEST NET LOT 46.63 * 46.63 HIGHEST NET LOT 64.62 * 64.62 AVERAGE LIVE WT 277.02 * 276.06 AVERAGE CARCASS WT 206.81 * 206.71 AVERAGE SORT LOSS -2.01 * -1.97 AVERAGE BACKFAT 0.61 * 0.61 AVG LOIN DEPTH (LD) 2.39 * 2.39 LEA (LD Converted) 7.16 * 7.16 AVERAGE LEAN PERCENT 54.58 * 54.61 (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 1000C .