USDA Base Lean Hog Cost                            12/18 09:45
LM_HG213
Des Moines, IA     Tue, Dec 18, 2018     USDA Market News

NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Mon, Dec 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%

12/17/18     86,935 209.37                      50.88      52.69     54.41
12/14/18    140,213 214.19                      50.43      52.30     54.07
12/13/18    102,210 213.32                      50.75      52.57     54.31
12/12/18     88,401 211.61                      50.99      52.85     54.64
12/11/18     84,613 211.85                      50.76      52.64     54.45
12/10/18     80,507 212.29                      51.09      52.97     54.79

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

12/14/18    495,944 212.84                      50.76      52.62     54.40
11/23/18    406,137 212.30                      53.07      54.97     56.80
12/22/17    481,775 215.21                      57.32      59.23     61.08

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

          1,983,873 212.21                      55.12      57.01     58.83

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