National Daily Direct Prior Day Slaughtered Swine
LM_HG201
Des Moines, Iowa               Wed, Mar 14, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, March 13, 2018

Barrows and Gilts (Live and Carcass Basis): 423,853

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

HEAD COUNT                 9,800   38,293   133,691   98,719      2,524  283,027
CARCASS BASE PRICE         61.41    66.89     63.88    68.46          *    65.89
AVERAGE NET PRICE          63.07    69.34     66.37    69.64          *    67.86
LOWEST NET LOT             49.28    59.82     52.33    59.71          *    56.12
HIGHEST NET LOT            69.91    77.25     82.58    86.25          *    81.66
AVERAGE LIVE WT           270.99   285.85    283.74   283.16          *   283.40
AVERAGE CARCASS WT        197.43   216.61    213.95   212.78          *   213.42
AVERAGE SORT LOSS          -1.74    -1.80     -1.81    -1.31          *    -1.64
AVERAGE BACKFAT             0.69     0.62      0.63     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.35     2.73      2.71     2.50          *     2.64
LEA (LD Converted)          7.05     8.21      8.14     7.51          *     7.94
AVERAGE LEAN PERCENT       53.89    56.24     56.24    55.54          *    55.98
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,857
CARCASS BASE PRICE                63.85
AVERAGE NET PRICE                 65.72
AVERAGE OF LOWEST NET LOTS        61.29
AVERAGE OF HIGHEST NET LOTS       68.73
AVERAGE LIVE WT                  279.93
AVERAGE CARCASS WT               211.17
AVERAGE SORT LOSS                 -1.56
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.14
AVERAGE LEAN PERCENT              56.41
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      130,969
AVERAGE LIVE WT                  283.35
AVERAGE CARCASS WT               214.62
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              54.28
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.72 lbs carcass;  BF 0.64;  LD 2.60;  LEA 7.82;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.82
                    Wtd Avg Net Price        $67.78
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 14, 2018                     438,797
   March 15, 2018                     406,846
   March 16, 2018                     374,050
   March 17, 2018                      78,525
   March 18, 2018                      36,117
   March 19, 2018                     184,692
   March 20, 2018                     195,394
   March 21, 2018                     200,485
   March 22, 2018                     182,625
   March 23, 2018                     161,304
   March 24, 2018                      30,675
   March 25, 2018                      13,298
   March 26, 2018                     106,202
   March 27, 2018                     109,746
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                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,800        2,524      12,324
CARCASS BASE PRICE             61.41            *       61.41
AVERAGE NET PRICE              63.07            *       63.07
LOWEST NET LOT                 49.28            *       49.28
HIGHEST NET LOT                69.91            *       69.91
AVERAGE LIVE WT               270.99            *      273.33
AVERAGE CARCASS WT            197.43            *      197.43
AVERAGE SORT LOSS              -1.74            *       -1.74
AVERAGE BACKFAT                 0.69            *        0.69
AVG LOIN DEPTH (LD)             2.35            *        2.35
LEA (LD Converted)              7.05            *        7.05
AVERAGE LEAN PERCENT           53.89            *       53.89
(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
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