LM_HG201 ***Corrections where starred*** Des Moines, Iowa Wed, Oct 18, 2017 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Tuesday, October 17, 2017 Barrows and Gilts (Live and Carcass Basis): 410,337 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,000 42,410***139,495***84,641 1,084 274,630 CARCASS BASE PRICE 56.20 60.35 ***60.33*** 65.07 * 61.75 AVERAGE NET PRICE ***58.73*** 63.10 63.10 66.23 * 63.99 LOWEST NET LOT 51.70 55.01 47.53 52.95 * 53.60 HIGHEST NET LOT 67.17 72.48 73.39 79.43 * 73.46 AVERAGE LIVE WT 265.05 281.71 279.04 279.90 * 279.35 AVERAGE CARCASS WT 194.40 212.82 ***209.63***209.72 * 209.82 AVERAGE SORT LOSS -0.97 -1.84 ***-1.31*** -1.01 * -1.30 AVERAGE BACKFAT 0.67 0.66 0.65 0.71 * 0.67 AVG LOIN DEPTH (LD) 2.30 2.72 2.71 2.51 * 2.65 LEA (LD Converted) 6.91 8.17 8.15 7.54 * 7.97 AVERAGE LEAN PERCENT 54.12 55.85 ***56.05*** 55.31 * 55.78 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 14,539 CARCASS BASE PRICE 59.66 AVERAGE NET PRICE 61.48 AVERAGE OF LOWEST NET LOTS 53.68 AVERAGE OF HIGHEST NET LOTS 66.88 AVERAGE LIVE WT 275.93 AVERAGE CARCASS WT 205.79 AVERAGE SORT LOSS -1.95 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.58 LOINEYE AREA (LD Converted) 7.76 AVERAGE LEAN PERCENT 56.40 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT ***121,168*** AVERAGE LIVE WT 278.04 AVERAGE CARCASS WT ***210.30*** AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) ***2.50*** AVERAGE LEAN PERCENT ***54.24*** -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 209.80 lbs carcass; BF 0.67; LD 2.62; LEA 7.86; FFLI 53.40% CARCASS-BASED PURCHASES: Wtd Avg Base $61.64 Wtd Avg Net Price $63.86 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count October 18, 2017 ***424,656*** October 19, 2017 ***403,841*** October 20, 2017 ***386,419*** October 21, 2017 152,845 October 22, 2017 36,134 October 23, 2017 190,883 October 24, 2017 199,930 October 25, 2017 189,606 October 26, 2017 184,456 October 27, 2017 161,121 October 28, 2017 34,669 October 29, 2017 14,763 October 30, 2017 92,333 October 31, 2017 105,218 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,000 1,084 8,084 CARCASS BASE PRICE 56.20 * 56.20 AVERAGE NET PRICE 58.73 * 58.73 LOWEST NET LOT 51.70 * 51.70 HIGHEST NET LOT 67.17 * 67.17 AVERAGE LIVE WT 265.05 * 266.89 AVERAGE CARCASS WT 194.40 * 194.40 AVERAGE SORT LOSS -0.97 * -0.97 AVERAGE BACKFAT 0.67 * 0.67 AVG LOIN DEPTH (LD) 2.30 * 2.30 LEA (LD Converted) 6.91 * 6.91 AVERAGE LEAN PERCENT 54.12 * 54.12 (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 .