LM_HG201 Des Moines, Iowa Thu, Oct 19, 2017 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Wednesday, October 18, 2017 Barrows and Gilts (Live and Carcass Basis): 424,360 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 9,587 42,986 145,439 86,581 2,522 287,115 CARCASS BASE PRICE 56.47 60.29 61.25 66.00 * 62.48 AVERAGE NET PRICE 58.76 63.32 64.06 67.15 * 64.77 LOWEST NET LOT 51.58 48.47 52.76 49.22 * 50.37 HIGHEST NET LOT 71.00 73.12 79.37 83.48 * 78.50 AVERAGE LIVE WT 272.82 280.65 281.08 280.75 * 280.64 AVERAGE CARCASS WT 201.50 211.38 210.70 209.96 * 210.30 AVERAGE SORT LOSS -2.39 -1.50 -1.43 -1.07 * -1.36 AVERAGE BACKFAT 0.65 0.66 0.65 0.71 * 0.67 AVG LOIN DEPTH (LD) 2.29 2.72 2.72 2.52 * 2.66 LEA (LD Converted) 6.86 8.18 8.17 7.59 * 8.00 AVERAGE LEAN PERCENT 54.72 55.96 56.05 55.48 * 55.87 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 15,092 CARCASS BASE PRICE 61.28 AVERAGE NET PRICE 63.14 AVERAGE OF LOWEST NET LOTS 54.44 AVERAGE OF HIGHEST NET LOTS 65.15 AVERAGE LIVE WT 274.52 AVERAGE CARCASS WT 205.82 AVERAGE SORT LOSS -1.78 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.63 LOINEYE AREA (LD Converted) 7.92 AVERAGE LEAN PERCENT 56.26 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 122,153 AVERAGE LIVE WT 280.62 AVERAGE CARCASS WT 212.53 AVERAGE BACKFAT 0.68 AVERAGE LOIN DEPTH (LD) 2.50 AVERAGE LEAN PERCENT 54.05 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 210.77 lbs carcass; BF 0.67; LD 2.62; LEA 7.88; FFLI 53.30% CARCASS-BASED PURCHASES: Wtd Avg Base $62.42 Wtd Avg Net Price $64.69 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count October 19, 2017 423,707 October 20, 2017 387,774 October 21, 2017 153,603 October 22, 2017 37,984 October 23, 2017 230,726 October 24, 2017 247,379 October 25, 2017 246,208 October 26, 2017 245,467 October 27, 2017 216,438 October 28, 2017 50,451 October 29, 2017 14,938 October 30, 2017 96,428 October 31, 2017 107,268 November 01, 2017 104,335 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 9,587 2,522 12,109 CARCASS BASE PRICE 56.47 * 56.47 AVERAGE NET PRICE 58.76 * 58.76 LOWEST NET LOT 51.58 * 51.58 HIGHEST NET LOT 71.00 * 71.00 AVERAGE LIVE WT 272.82 * 274.79 AVERAGE CARCASS WT 201.50 * 201.50 AVERAGE SORT LOSS -2.39 * -2.39 AVERAGE BACKFAT 0.65 * 0.65 AVG LOIN DEPTH (LD) 2.29 * 2.29 LEA (LD Converted) 6.86 * 6.86 AVERAGE LEAN PERCENT 54.72 * 54.72 (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 .