USDA Base Lean Hog Cost                            11/15 10:15
LM_HG213
Des Moines, IA     Thu, Nov 15, 2018     USDA Market

NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Wed, Nov 14, 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                     49-50%     51-52%    53-54%
                                Percent Lean:
11/14/18     85,366 212.36                      54.74      56.64     58.48
11/13/18     86,556 210.74                      55.87      57.75     59.56
11/12/18     75,370 210.62                      56.47      58.34     60.16
11/09/18    137,544 212.92                      57.11      59.00     60.81
11/08/18     87,181 212.44                      57.79      59.69     61.54
11/07/18     85,149 212.15                      58.47      60.36     62.18

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

11/09/18    471,801 212.19                      58.15      60.04     61.86
10/19/18    446,749 210.46                      62.69      64.59     66.43
11/17/17    487,979 214.89                      60.65      62.58     64.45

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

          2,040,240 210.35                      62.34      64.24     66.08

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