National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/2/2014

Past Market Reports

Report Date: 1/2/2014

LM_HG201
Des Moines, Iowa               Thu, Jan 02, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, December 31, 2013

Barrows and Gilts (Live and Carcass Basis): 349,956

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

HEAD COUNT                        7,180    30,361   144,024    41,443    223,008
CARCASS BASE PRICE                76.77     78.36     77.88     81.45      78.61
AVERAGE NET PRICE                 79.29     81.51     79.79     82.31      80.49
LOWEST NET LOT                    69.06     72.25     67.11     70.98      71.08
HIGHEST NET LOT                   84.53     95.29     91.59     97.72      92.48
AVERAGE LIVE WT                  267.61    283.52    280.68    283.22     281.12
AVERAGE CARCASS WT               198.99    215.86    212.79    213.04     212.89
AVERAGE SORT LOSS                 -2.50     -2.09     -1.99     -1.34      -1.88
AVERAGE BACKFAT                    0.75      0.72      0.71      0.74       0.72
AVERAGE LOIN DEPTH (LD)            2.25      2.79      2.73      2.51       2.68
LOINEYE AREA (LD Converted)        6.76      8.41      8.22      7.55       8.06
AVERAGE LEAN PERCENT              53.18     55.63     55.54     54.51      55.26
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,357
CARCASS BASE PRICE                78.13
AVERAGE NET PRICE                 82.36
AVERAGE OF LOWEST NET LOTS        75.62
AVERAGE OF HIGHEST NET LOTS       85.70
AVERAGE LIVE WT                  259.68
AVERAGE CARCASS WT               198.96
AVERAGE SORT LOSS                 -1.50
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.05
AVERAGE LEAN PERCENT              55.66
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      109,591
AVERAGE LIVE WT                  284.88
AVERAGE CARCASS WT               217.14
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.41
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.50 lbs carcass;  BF 0.72;  LD 2.64;  LEA 7.94;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $78.59
                    Wtd Avg Net Price        $80.63
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 02, 2014                   388,871
   January 03, 2014                   378,591
   January 04, 2014                   287,630
   January 05, 2014                    51,189
   January 06, 2014                   186,206
   January 07, 2014                   188,721
   January 08, 2014                   186,175
   January 09, 2014                   183,385
   January 10, 2014                   149,649
   January 11, 2014                     6,975
   January 12, 2014                    23,080
   January 13, 2014                   124,145
   January 14, 2014                   109,413
   January 15, 2014                   105,673
--------------------------------------------------------------------------------
Source:      USDA Livestock and Grain Market News, Des Moines, IA
             515-284-4460      email:  desm.lpgmn@usda.gov
             24 Hour recorded market information 515-284-4830
             www.ams.usda.gov/LSMarketNews
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