National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/31/2014

Past Market Reports

Report Date: 1/31/2014

LM_HG201
Des Moines, Iowa               Fri, Jan 31, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, January 30, 2014

Barrows and Gilts (Live and Carcass Basis): 342,062

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

HEAD COUNT                       12,020    28,443   153,952    58,356    252,771
CARCASS BASE PRICE                78.61     79.86     80.14     81.81      80.45
AVERAGE NET PRICE                 81.22     82.67     82.28     83.17      82.48
LOWEST NET LOT                    71.58     70.54     70.04     73.54      71.40
HIGHEST NET LOT                   85.63     92.19     90.40     97.96      90.41
AVERAGE LIVE WT                  274.95    285.62    282.33    280.57     281.88
AVERAGE CARCASS WT               206.52    217.92    213.88    210.99     213.35
AVERAGE SORT LOSS                 -2.04     -2.67     -1.99     -1.10      -1.84
AVERAGE BACKFAT                    0.73      0.72      0.71      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.44      2.80      2.73      2.49       2.66
LOINEYE AREA (LD Converted)        7.34      8.42      8.20      7.47       7.98
AVERAGE LEAN PERCENT              54.03     55.67     55.46     54.96      55.27
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,068
CARCASS BASE PRICE                81.06
AVERAGE NET PRICE                 84.52
AVERAGE OF LOWEST NET LOTS        78.50
AVERAGE OF HIGHEST NET LOTS       87.96
AVERAGE LIVE WT                  267.61
AVERAGE CARCASS WT               205.77
AVERAGE SORT LOSS                 -1.44
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.93
AVERAGE LEAN PERCENT              55.95
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       74,223
AVERAGE LIVE WT                  283.62
AVERAGE CARCASS WT               216.10
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.30
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.60 lbs carcass;  BF 0.72;  LD 2.62;  LEA 7.87;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $80.47
                    Wtd Avg Net Price        $82.60
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 31, 2014                   354,991
   February 01, 2014                   79,461
   February 02, 2014                   58,484
   February 03, 2014                  299,183
   February 04, 2014                  307,202
   February 05, 2014                  289,616
   February 06, 2014                  290,631
   February 07, 2014                  260,172
   February 08, 2014                   47,694
   February 09, 2014                   32,460
   February 10, 2014                  130,664
   February 11, 2014                  135,468
   February 12, 2014                  123,555
   February 13, 2014                  117,284
--------------------------------------------------------------------------------
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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