USDA Base Lean Hog Cost                            08/11 10:01
LM_HG213
Des Moines, IA     Tue, Aug 11, 2020     USDA Market News

NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Mon, Aug 10, 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%

08/10/20     69,835 207.71                      49.58      51.41     53.14
08/07/20    138,164 209.82                      49.02      50.85     52.57
08/06/20     87,806 208.10                      47.85      49.66     51.38
08/05/20     81,333 207.15                      48.28      50.06     51.76
08/04/20     82,592 207.41                      48.76      50.56     52.28
08/03/20     72,222 207.80                      48.65      50.49     52.26

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

08/07/20    462,117 208.28                      48.56      50.38     52.10
07/17/20    452,669 211.52                      43.32      45.11     46.80
08/16/19    412,883 208.62                      74.69      76.48     78.16

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

          2,024,541 210.50                      44.44      46.22     47.90

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