National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/16/2014

Past Market Reports

Report Date: 1/16/2014

LM_HG201
Des Moines, Iowa               Thu, Jan 16, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, January 15, 2014

Barrows and Gilts (Live and Carcass Basis): 393,452

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

HEAD COUNT                       11,543    27,171   164,295    61,136    264,145
CARCASS BASE PRICE                76.61     80.08     78.38     80.41      78.98
AVERAGE NET PRICE                 78.84     82.20     80.14     81.53      80.62
LOWEST NET LOT                    65.98     67.99     66.05     70.42      68.64
HIGHEST NET LOT                   84.92     92.81     94.48     97.66      93.58
AVERAGE LIVE WT                  272.40    286.77    282.64    282.22     282.47
AVERAGE CARCASS WT               202.00    218.10    213.80    211.90     213.37
AVERAGE SORT LOSS                 -1.63     -2.61     -2.13     -1.34      -1.97
AVERAGE BACKFAT                    0.72      0.76      0.71      0.73       0.72
AVERAGE LOIN DEPTH (LD)            2.34      2.71      2.74      2.52       2.66
LOINEYE AREA (LD Converted)        7.02      8.16      8.23      7.58       7.99
AVERAGE LEAN PERCENT              53.99     55.08     55.52     54.95      55.24
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,674
CARCASS BASE PRICE                79.77
AVERAGE NET PRICE                 82.96
AVERAGE OF LOWEST NET LOTS        76.01
AVERAGE OF HIGHEST NET LOTS       82.03
AVERAGE LIVE WT                  271.31
AVERAGE CARCASS WT               206.77
AVERAGE SORT LOSS                 -1.52
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.56
LOINEYE AREA (LD Converted)        7.70
AVERAGE LEAN PERCENT              55.08
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,633
AVERAGE LIVE WT                  285.57
AVERAGE CARCASS WT               217.13
AVERAGE BACKFAT                    0.76
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.19 lbs carcass;  BF 0.73;  LD 2.61;  LEA 7.86;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $79.01
                    Wtd Avg Net Price        $80.75
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 16, 2014                   388,285
   January 17, 2014                   327,522
   January 18, 2014                   103,379
   January 19, 2014                    55,720
   January 20, 2014                   211,146
   January 21, 2014                   210,738
   January 22, 2014                   205,364
   January 23, 2014                   216,862
   January 24, 2014                   190,358
   January 25, 2014                    27,322
   January 26, 2014                    39,696
   January 27, 2014                   130,192
   January 28, 2014                   131,689
   January 29, 2014                   124,104
--------------------------------------------------------------------------------
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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