Report Date: 3/12/2014
LM_HG201
Des Moines, Iowa Wed, Mar 12, 2014 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, March 11, 2014
Barrows and Gilts (Live and Carcass Basis): 388,273
NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
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Producer Sold:
HEAD COUNT 14,439 39,763 148,523 50,844 253,569
CARCASS BASE PRICE 104.80 83.89 106.41 101.32 101.45
AVERAGE NET PRICE 108.79 87.04 108.29 103.00 103.75
LOWEST NET LOT 91.13 69.19 94.22 78.61 75.59
HIGHEST NET LOT 116.83 117.86 120.07 115.29 117.82
AVERAGE LIVE WT 278.02 282.90 282.18 280.34 281.65
AVERAGE CARCASS WT 206.79 215.56 213.49 210.47 212.95
AVERAGE SORT LOSS -2.06 -2.24 -1.96 -0.99 -1.80
AVERAGE BACKFAT 0.70 0.68 0.70 0.70 0.70
AVERAGE LOIN DEPTH (LD) 2.44 2.84 2.73 2.55 2.69
LOINEYE AREA (LD Converted) 7.32 8.53 8.22 7.65 8.10
AVERAGE LEAN PERCENT 54.29 56.16 55.68 55.42 55.65
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 14,982
CARCASS BASE PRICE 107.39
AVERAGE NET PRICE 111.82
AVERAGE OF LOWEST NET LOTS 102.55
AVERAGE OF HIGHEST NET LOTS 118.36
AVERAGE LIVE WT 263.09
AVERAGE CARCASS WT 200.94
AVERAGE SORT LOSS -1.02
AVERAGE BACKFAT 0.67
AVERAGE LOIN DEPTH (LD) 2.63
LOINEYE AREA (LD Converted) 7.92
AVERAGE LEAN PERCENT 56.23
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 119,722
AVERAGE LIVE WT 283.22
AVERAGE CARCASS WT 216.04
AVERAGE BACKFAT 0.72
AVERAGE LOIN DEPTH (LD) 2.49
AVERAGE LEAN PERCENT 53.54
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.46 lbs carcass; BF 0.70; LD 2.64; LEA 7.94; FFLI 52.80%
CARCASS-BASED PURCHASES:
Wtd Avg Base $101.68
Wtd Avg Net Price $104.20
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
March 12, 2014 383,665
March 13, 2014 354,177
March 14, 2014 277,823
March 15, 2014 15,892
March 16, 2014 42,025
March 17, 2014 163,908
March 18, 2014 169,841
March 19, 2014 160,095
March 20, 2014 153,361
March 21, 2014 121,397
March 22, 2014 355
March 23, 2014 17,480
March 24, 2014 101,149
March 25, 2014 103,212
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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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