National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/27/2013

Past Market Reports

Report Date: 2/27/2013

LM_HG201
Des Moines, Iowa               Wed, Feb 27, 2013                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, February 26, 2013

Barrows and Gilts (Live and Carcass Basis): 384,843

                             NEGOTIATED     OTHER     SWINE     OTHER    TOTALS/
                                           MARKET   OR PORK  PURCHASE    WTD AVG
                                          FORMULA    MARKET  ARRGMENT
                                                    FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                       10,883    26,149   160,511    59,458    257,001
CARCASS BASE PRICE                76.36     82.34     77.59     82.30      79.20
AVERAGE NET PRICE                 79.76     85.33     80.05     84.24      81.56
LOWEST NET LOT                    68.59     75.44     62.43     75.77      74.02
HIGHEST NET LOT                   88.74     93.28     92.81     96.13      92.59
AVERAGE LIVE WT                  265.99    282.67    276.60    270.91     275.27
AVERAGE CARCASS WT               199.87    211.18    208.40    204.33     207.39
AVERAGE SORT LOSS                 -1.34     -1.67     -1.33     -0.70      -1.20
AVERAGE BACKFAT                    0.68      0.71      0.70      0.69       0.70
AVERAGE LOIN DEPTH (LD)            2.37      2.68      2.70      2.47       2.62
LOINEYE AREA (LD Converted)        7.10      8.06      8.13      7.41       7.88
AVERAGE LEAN PERCENT              53.81     55.40     55.50     55.61      55.45
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,387
CARCASS BASE PRICE                76.75
AVERAGE NET PRICE                 80.94
AVERAGE OF LOWEST NET LOTS        75.47
AVERAGE OF HIGHEST NET LOTS       81.68
AVERAGE LIVE WT                  269.75
AVERAGE CARCASS WT               204.85
AVERAGE SORT LOSS                 -1.22
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.83
AVERAGE LEAN PERCENT              56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      111,455
AVERAGE LIVE WT                  275.68
AVERAGE CARCASS WT               208.79
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.45
AVERAGE LEAN PERCENT              53.71
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.69 lbs carcass;  BF 0.70;  LD 2.58;  LEA 7.76;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $79.10
                    Wtd Avg Net Price        $81.52
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 27, 2013                  395,008
   February 28, 2013                  375,403
   March 01, 2013                     321,256
   March 02, 2013                      38,354
   March 03, 2013                      39,434
   March 04, 2013                     185,802
   March 05, 2013                     192,252
   March 06, 2013                     186,274
   March 07, 2013                     178,670
   March 08, 2013                     143,779
   March 09, 2013                       1,000
   March 10, 2013                      18,381
   March 11, 2013                     122,317
   March 12, 2013                     125,068
--------------------------------------------------------------------------------
Source:      USDA Livestock and Grain Market News, Des Moines, IA
             515-284-4460      email:  desm.lgmn@usda.gov
             24 Hour recorded market information 515-284-4830
             www.ams.usda.gov/LSMarketNews
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