National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/18/2014

Past Market Reports

Report Date: 2/18/2014

LM_HG201
Des Moines, Iowa               Tue, Feb 18, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 17, 2014

Barrows and Gilts (Live and Carcass Basis): 374,979

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

HEAD COUNT                        9,516    29,796   159,708    52,380    251,400
CARCASS BASE PRICE                84.55     84.66     86.01     85.51      85.71
AVERAGE NET PRICE                 86.45     85.91     88.17     86.82      87.56
LOWEST NET LOT                    81.82     68.97     69.73     76.31      75.08
HIGHEST NET LOT                   91.13     98.68     96.49     97.81      96.33
AVERAGE LIVE WT                  277.91    282.73    281.54    278.72     280.87
AVERAGE CARCASS WT               209.57    212.45    212.99    210.04     212.18
AVERAGE SORT LOSS                 -1.01     -1.82     -1.89     -1.14      -1.68
AVERAGE BACKFAT                    0.74      0.75      0.69      0.70       0.70
AVERAGE LOIN DEPTH (LD)            2.57      2.64      2.74      2.45       2.64
LOINEYE AREA (LD Converted)        7.72      7.95      8.23      7.35       7.93
AVERAGE LEAN PERCENT              55.21     55.03     55.70     55.01      55.41
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,894
CARCASS BASE PRICE                88.01
AVERAGE NET PRICE                 90.85
AVERAGE OF LOWEST NET LOTS        84.73
AVERAGE OF HIGHEST NET LOTS       95.05
AVERAGE LIVE WT                  266.38
AVERAGE CARCASS WT               201.64
AVERAGE SORT LOSS                 -0.69
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.55
LOINEYE AREA (LD Converted)        7.68
AVERAGE LEAN PERCENT              55.84
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,685
AVERAGE LIVE WT                  285.25
AVERAGE CARCASS WT               216.15
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.69
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.13 lbs carcass;  BF 0.70;  LD 2.60;  LEA 7.82;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $85.80
                    Wtd Avg Net Price        $87.68
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 18, 2014                  395,231
   February 19, 2014                  381,659
   February 20, 2014                  374,617
   February 21, 2014                  300,443
   February 22, 2014                   42,416
   February 23, 2014                   30,855
   February 24, 2014                  127,753
   February 25, 2014                  134,673
   February 26, 2014                  134,224
   February 27, 2014                  128,129
   February 28, 2014                  116,197
   March 01, 2014                       1,940
   March 02, 2014                      23,725
   March 03, 2014                     112,495
--------------------------------------------------------------------------------
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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