National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/23/2014

Past Market Reports

Report Date: 1/23/2014

LM_HG201
Des Moines, Iowa               Thu, Jan 23, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, January 22, 2014

Barrows and Gilts (Live and Carcass Basis): 375,788

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

HEAD COUNT                       10,126    42,108   152,242    49,233    253,709
CARCASS BASE PRICE                77.41     79.36     79.05     80.74      79.39
AVERAGE NET PRICE                 79.20     82.25     80.89     82.10      81.30
LOWEST NET LOT                    62.16     70.91     65.79     72.68      68.65
HIGHEST NET LOT                   83.73     93.04     95.83     97.94      90.77
AVERAGE LIVE WT                  270.30    286.29    281.59    281.18     281.82
AVERAGE CARCASS WT               204.99    218.38    213.69    211.71     213.77
AVERAGE SORT LOSS                 -2.01     -2.62     -1.96     -1.24      -1.92
AVERAGE BACKFAT                    0.72      0.70      0.72      0.72       0.72
AVERAGE LOIN DEPTH (LD)            2.41      2.80      2.71      2.55       2.68
LOINEYE AREA (LD Converted)        7.24      8.43      8.14      7.66       8.04
AVERAGE LEAN PERCENT              54.54     55.82     55.30     55.27      55.38
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,930
CARCASS BASE PRICE                80.07
AVERAGE NET PRICE                 83.35
AVERAGE OF LOWEST NET LOTS        77.60
AVERAGE OF HIGHEST NET LOTS       81.59
AVERAGE LIVE WT                  267.49
AVERAGE CARCASS WT               204.71
AVERAGE SORT LOSS                 -1.33
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.87
AVERAGE LEAN PERCENT              55.31
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      106,149
AVERAGE LIVE WT                  287.29
AVERAGE CARCASS WT               217.48
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              53.43
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.43 lbs carcass;  BF 0.72;  LD 2.63;  LEA 7.90;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $79.42
                    Wtd Avg Net Price        $81.42
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 23, 2014                   393,242
   January 24, 2014                   343,594
   January 25, 2014                    93,053
   January 26, 2014                    56,300
   January 27, 2014                   212,067
   January 28, 2014                   204,136
   January 29, 2014                   199,731
   January 30, 2014                   205,577
   January 31, 2014                   174,740
   February 01, 2014                   33,699
   February 02, 2014                   31,541
   February 03, 2014                  117,198
   February 04, 2014                  116,493
   February 05, 2014                  106,761
--------------------------------------------------------------------------------
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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