National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/24/2013

Past Market Reports

Report Date: 5/24/2013

LM_HG201    ***RESENT FOR CORRECTIONS WHERE STARRED***
Des Moines, Iowa               Fri, May 24, 2013                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, May 23, 2013

Barrows and Gilts (Live and Carcass Basis): *383,739*

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

HEAD COUNT                       11,163    21,917  *167,584*  *57,416   *258,080
CARCASS BASE PRICE                89.87     90.69     90.77     92.26      91.08
AVERAGE NET PRICE                 93.47     93.76     93.38    *94.25*     93.61
LOWEST NET LOT                    77.71     82.89     76.03     84.85      77.62
HIGHEST NET LOT                  100.18    103.74    101.10    101.52     101.66
AVERAGE LIVE WT                  261.67    274.71   *273.21*  *272.69*   *272.64
AVERAGE CARCASS WT               194.56    206.66   *205.90*  *204.83*   *205.28
AVERAGE SORT LOSS                 -1.58     -1.08     -1.22     -0.59      -1.05
AVERAGE BACKFAT                    0.68      0.72      0.70      0.70       0.70
AVERAGE LOIN DEPTH (LD)            2.32      2.68      2.67      2.44       2.59
LOINEYE AREA (LD Converted)        6.96      8.04     *8.04*    *7.34*     *7.79
AVERAGE LEAN PERCENT              54.48     55.46     55.43     55.40      55.38
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,522
CARCASS BASE PRICE                88.37
AVERAGE NET PRICE                 92.84
AVERAGE OF LOWEST NET LOTS        88.32
AVERAGE OF HIGHEST NET LOTS       94.80
AVERAGE LIVE WT                  261.83
AVERAGE CARCASS WT               200.24
AVERAGE SORT LOSS                 -0.87
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.91
AVERAGE LEAN PERCENT              56.07
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      111,137
AVERAGE LIVE WT                  277.70
AVERAGE CARCASS WT               207.81
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.42
AVERAGE LEAN PERCENT              53.57
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
205.82 lbs carcass;  BF 0.70;  LD 2.56;  LEA 7.68;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $90.98
                    Wtd Avg Net Price        $93.57
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 24, 2013                       329,415
   May 25, 2013                             0
   May 26, 2013                             0
   May 27, 2013                        41,617
   May 28, 2013                       322,263
   May 29, 2013                       314,726
   May 30, 2013                       309,359
   May 31, 2013                       274,889
   June 01, 2013                      105,758
   June 02, 2013                       20,816
   June 03, 2013                      126,055
   June 04, 2013                      130,544
   June 05, 2013                      128,418
   June 06, 2013                      112,975
--------------------------------------------------------------------------------
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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