USDA Base Lean Hog Cost
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3/24 10:00 AM
USDA Base Lean Hog Cost 03/24 10:00 LM_HG213 Des Moines, IA Fri, Mar 24, 2017 USDA Market News NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Thu, Mar 23, 2017 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% 03/23/17 87,889 215.24 65.91 67.83 69.69 03/22/17 87,282 213.06 66.51 68.40 70.23 03/21/17 88,562 212.00 66.66 68.57 70.42 03/20/17 72,321 212.85 66.82 68.70 70.52 03/17/17 106,987 214.10 66.80 68.69 70.53 03/16/17 77,913 212.90 67.19 69.07 70.89 WEEKLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST For Week Ended: 03/17/17 413,665 213.42 67.08 68.95 70.77 02/24/17 490,114 212.86 72.49 74.42 76.29 03/25/16 510,978 213.68 60.80 62.74 64.63 MONTHLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST For: February 2017 2,038,203 212.77 69.71 71.65 73.53 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
 
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