a balance to later be repaid by 
the packer to the producer; and 
‘‘(bb) excluding any sum 
earlier paid to a producer that 
must later be repaid to the pack-
er; 
‘‘(II) information concerning the 
average net price, which shall be equal 
to the quotient (stated per hundred 
pounds of carcass weight of barrows 
and gilts) obtained by dividing— 
‘‘(aa) the total amount paid 
for the barrows and gilts slaugh-
tered at a packing plant during 
the applicable reporting period, 
including all premiums and dis-
counts, and including any sum 
deducted from the price per hun-
dredweight paid to a producer 
that reflects the repayment of a 
balance owed by the producer to 
the packer, or the accumulation 
of a balance to later be repaid by 
the packer to the producer, less 
all discounts; by
‘‘(bb) 
the 
total 
carcass 
weight (in hundred pound incre-
ments) of the barrows and gilts; 
‘‘(III) information concerning the 
lowest net price, which shall be equal 
to the lowest net price paid for a sin-
gle lot or a group of barrows or gilts 
slaughtered at a packing plant during 
the applicable reporting period per 
hundred pounds of carcass weight of 
barrows and gilts; 
‘‘(IV) information concerning the 
highest net price, which shall be equal 
to the highest net price paid for a sin-
gle lot or group of barrows or gilts 
slaughtered at a packing plant during 
the applicable reporting period per 
hundred pounds of carcass weight of 
barrows and gilts; 
‘‘(V) the average carcass weight, 
which shall be equal to the quotient 
obtained by dividing— 
‘‘(aa) 
the 
total 
carcass 
weight of the barrows and gilts 
slaughtered at the packing plant
during the applicable reporting 
period, by 
‘‘(bb) the number of the 
barrows and gilts described in 
item (aa), 
adjusted for special slaughter situa-
tions (such as skinning or foot re-
moval), as the Secretary determines 
necessary to render comparable car-
cass weights; 
‘‘(VI) the average sort loss, 
which shall be equal to the average 
discount (in dollars per hundred 
pounds carcass weight) for barrows 
and gilts slaughtered during the appli-
cable reporting period, resulting from 
the fact that the barrows and gilts did 
not fall within the individual packer’s 
established carcass weight or lot vari-
ation range; 
‘‘(VII) the average backfat, which 
shall be equal to the average of the 
backfat thickness (in inches) meas-
ured between the third and fourth 
from the last ribs, 7 centimeters from
the carcass split (or adjusted from the 
individual packer’s measurement to 
that reference point using an adjust-
ment made by the Secretary) of the 
barrows and gilts slaughtered during 
the applicable reporting period; 
‘‘(VIII) the average lean percent-
age, which shall be equal to the aver-
age percentage of the carcass weight 
comprised of lean meat for the bar-
rows and gilts slaughtered during the 
applicable reporting period, except 
that when a packer is required to re-
port the average lean percentage 
under this subclause, the packer shall 
make available to the Secretary the 
underlying data, applicable method-
ology and formulae, and supporting 
materials used to determine the aver-
age lean percentage, which the Sec-
retary may convert to the carcass 
measurements or lean percentage of 
the barrows and gilts of the individual 
packer to correlate to a common per-
cent lean measurement; and
‘‘(IX) the total slaughter quan-
tity, which shall be equal to the total 
number of barrows and gilts slaugh-
tered during the applicable reporting 
period, including all types of pur-
chases and barrows and gilts that 
qualify as packer-owned swine; and 
‘‘(iii) packer purchase commitments, 
which shall be equal to the number of bar-
rows and gilts scheduled for delivery to a 
packer for slaughter for each of the next 
14 calendar days. 
‘‘(D) PUBLICATION.— 
‘‘(i) IN
GENERAL.—The Secretary 
shall publish the information obtained 
under this paragraph in a prior day re-
port— 
‘‘(I) in the case of information 
regarding barrows and gilts purchased 
or priced, not later than 8:00 a.m. 
Central Time, and 
‘‘(II) in the case of information 
regarding barrows and gilts slaugh-
tered, not later than 10:00 a.m. Cen-
tral time,
on the reporting day on which the informa-
tion is received from the packer. 
‘‘(ii) PRICE DISTRIBUTIONS.—The in-
formation published by the Secretary 
under clause (i) shall include a distribution 
of net prices in the range between and in-
cluding the lowest net price and the high-
est net price reported. The publication 
shall include a delineation of the number 
of barrows and gilts at each reported price 
level or, at the option of the Secretary, the 
number of barrows and gilts within each of 
a series of reasonable price bands within 
the range of prices. 
‘‘(2) MORNING REPORT.— 
‘‘(A) IN GENERAL.—The corporate officers 
or officially designated representatives of each 
packer processing plant that processes barrows 
or gilts shall report to the Secretary not later 
than 10:00 a.m. Central Time each reporting 
day— 
‘‘(i) the packer’s best estimate of the 
total number of barrows and gilts, and 
barrows and gilts that qualify as packer- 
owned swine, expected to be purchased
throughout the reporting day through each 
type of purchase; 
‘‘(ii) the total number of barrows and 
gilts, and barrows and gilts that qualify as 
packer-owned swine, purchased up to that 
time of the reporting day through each 
type of purchase; 
‘‘(iii) the base price paid for all base 
market hogs purchased up to that time of 
the reporting day through negotiated pur-
chases; and 
‘‘(iv) the base price paid for all base 
market hogs purchased through each type 
of purchase other than negotiated purchase 
up to that time of the reporting day, un-
less such information is unavailable due to 
pricing that is determined on a delayed 
basis. 
‘‘(B) PUBLICATION.—The Secretary shall 
publish the information obtained under this 
paragraph in the morning report as soon as 
practicable, but not later than 11:00 a.m. Cen-
tral Time, on each reporting day. 
‘‘(3) AFTERNOON REPORT.—
‘‘(A) IN GENERAL.—The corporate officers 
or officially designated representatives of each 
packer processing plant that processes barrows 
or gilts shall report to the Secretary not later 
than 2:00 p.m. Central Time each reporting 
day— 
‘‘(i) the packer’s best estimate of the 
total number of barrows and gilts, and 
barrows and gilts that qualify as packer- 
owned swine, expected to be purchased 
throughout the reporting day through each 
type of purchase; 
‘‘(ii) the total number of barrows and 
gilts, and barrows and gilts that qualify as 
packer-owned swine, purchased up to that 
time of the reporting day through each 
type of purchase; 
‘‘(iii) the base price paid for all base 
market hogs purchased up to that time of 
the reporting day through negotiated pur-
chases; and 
‘‘(iv) the base price paid for all base 
market hogs purchased up to that time of 
the reporting day through each type of 
purchase other than negotiated purchase,
unless such information is unavailable due 
to pricing that is determined on a delayed 
basis. 
‘‘(B) PUBLICATION.—The Secretary shall 
publish the information obtained under this 
paragraph in the afternoon report as soon as 
practicable, but not later than 3:00 p.m. Cen-
tral Time, on each reporting day.’’. 
SEC. 4. REPORTING; SOWS AND BOARS. 
Section 232 of the Agricultural Marketing Act of 
1946 (7 U.S.C. 1635j) is amended by— 
(1) redesignating subsection (d) as subsection 
(e); and 
(2) inserting after subsection (c) the following 
new subsection: 
‘‘(d) DAILY REPORTING; SOWS AND BOARS.— 
‘‘(1) PRIOR DAY REPORT.—The corporate offi-
cers or officially designated representatives of each 
packer of sows and boars shall report to the Sec-
retary, for each business day of the packer, such in-
formation reported by hog class as the Secretary de-
termines necessary and appropriate to— 
‘‘(A) comply with the publication require-
ments of this section; and