USDA Base Lean Hog Cost                            07/18 10:20
LM_HG213
Des Moines, IA     Wed, Jul 18, 2018     USDA Market News

NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Tue, Jul 17, 2018
This report includes: Volume, Weighted Average Carcass Weight, and Base Cost


                      Avg           Base Cost     (Packer Buying Programs)
             Head   Carcass Backfat (Inches): 1.00-1.09  0.80-0.99 0.65-0.79
   Date     Count    Weight     Percent Lean:   49-50%     51-52%    53-54%

07/17/18     82,227 208.19                      74.06      76.01     77.91
07/16/18     71,564 208.52                      74.62      76.59     78.52
07/13/18     86,020 209.00                      75.19      77.12     79.01
07/12/18     82,865 209.88                      75.81      77.76     79.67
07/11/18     79,950 208.71                      76.08      78.04     79.95
07/10/18     78,312 208.77                      76.27      78.20     80.10

WEEKLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
For Week Ended:

07/13/18    400,744 208.77                      75.96      77.90     79.80
06/22/18    374,086 209.03                      80.59      82.52     84.42
07/21/17    441,783 207.64                      86.59      88.58     90.55

MONTHLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
For: June 2018

          1,703,641 209.53                      75.07      77.01     78.90

The values in the base cost lean calculations are determined by individual
packer's lean value buying programs, which are based on the backfat
and 6 to 7 square inch loineye area both measured at the 10th rib.

Calculations include Producer Sold negotiated and swine or pork market
formula and Packer Sold negotiated and swine or pork market formula data
from the National Prior Day Slaughtered Swine Report (LM_HG201.txt).

Monthly total and weighted averages represent slaughtered hogs reported
for the month.

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