LM_HG201 Des Moines, Iowa Tue, Oct 17, 2017 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Monday, October 16, 2017 Barrows and Gilts (Live and Carcass Basis): 403,652 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 10,235 43,638 137,535 84,197 2,500 278,105 CARCASS BASE PRICE 55.75 60.46 59.07 64.85 * 61.01 AVERAGE NET PRICE 57.10 63.24 61.83 66.21 * 63.31 LOWEST NET LOT 48.72 54.54 47.32 51.90 * 52.79 HIGHEST NET LOT 63.50 75.05 73.30 84.85 * 77.21 AVERAGE LIVE WT 273.08 280.83 279.56 278.85 * 279.47 AVERAGE CARCASS WT 197.99 211.95 209.79 208.91 * 209.53 AVERAGE SORT LOSS -1.26 -1.67 -1.42 -0.92 * -1.31 AVERAGE BACKFAT 0.65 0.66 0.64 0.69 * 0.66 AVG LOIN DEPTH (LD) 2.34 2.74 2.70 2.49 * 2.64 LEA (LD Converted) 7.02 8.25 8.13 7.48 * 7.96 AVERAGE LEAN PERCENT 54.46 55.97 56.15 55.51 * 55.91 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 13,889 CARCASS BASE PRICE 59.08 AVERAGE NET PRICE 60.78 AVERAGE OF LOWEST NET LOTS 55.12 AVERAGE OF HIGHEST NET LOTS 63.53 AVERAGE LIVE WT 283.59 AVERAGE CARCASS WT 211.64 AVERAGE SORT LOSS -2.00 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.61 LOINEYE AREA (LD Converted) 7.84 AVERAGE LEAN PERCENT 56.51 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 111,658 AVERAGE LIVE WT 278.10 AVERAGE CARCASS WT 210.04 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.51 AVERAGE LEAN PERCENT 54.31 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 209.75 lbs carcass; BF 0.66; LD 2.62; LEA 7.88; FFLI 53.50% CARCASS-BASED PURCHASES: Wtd Avg Base $60.92 Wtd Avg Net Price $63.18 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count October 17, 2017 422,435 October 18, 2017 406,096 October 19, 2017 403,152 October 20, 2017 386,583 October 21, 2017 140,535 October 22, 2017 32,644 October 23, 2017 155,761 October 24, 2017 163,539 October 25, 2017 149,298 October 26, 2017 143,868 October 27, 2017 130,832 October 28, 2017 29,475 October 29, 2017 14,283 October 30, 2017 74,250 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 10,235 2,500 12,735 CARCASS BASE PRICE 55.75 * 55.75 AVERAGE NET PRICE 57.10 * 57.10 LOWEST NET LOT 48.72 * 48.72 HIGHEST NET LOT 63.50 * 63.50 AVERAGE LIVE WT 273.08 * 277.59 AVERAGE CARCASS WT 197.99 * 198.30 AVERAGE SORT LOSS -1.26 * -1.30 AVERAGE BACKFAT 0.65 * 0.65 AVG LOIN DEPTH (LD) 2.34 * 2.34 LEA (LD Converted) 7.02 * 7.02 AVERAGE LEAN PERCENT 54.46 * 54.44 (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 .