USDA Base Lean Hog Cost                            07/01 10:21
LM_HG213
Des Moines, IA     Wed, Jul 1, 2020     USDA Market News

NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Tue, Jun 30, 2020
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%

06/30/20     78,351 210.02                      40.22      42.01     43.70
06/29/20     72,704 209.75                      40.48      42.21     43.86
06/26/20    149,798 213.18                      41.34      43.13     44.81
06/25/20     80,556 210.95                      41.05      42.81     44.46
06/24/20     78,147 211.94                      40.72      42.45     44.07
06/23/20     76,063 211.58                      39.83      41.60     43.26

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

06/26/20    454,982 212.20                      41.01      42.77     44.42
06/05/20    396,567 215.51                      51.11      52.86     54.52
07/05/19    319,920 211.14                      67.91      69.77     71.53

MONTHLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
For: May 2020

          1,309,420 218.81                      61.12      62.87     64.53

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