National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/2/2014

Past Market Reports

Report Date: 4/2/2014

LM_HG201
Des Moines, Iowa               Wed, Apr 02, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, April 1, 2014

Barrows and Gilts (Live and Carcass Basis): 380,568

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

HEAD COUNT                       12,654    37,187   146,577    48,354    244,772
CARCASS BASE PRICE               125.92     96.52    128.48    118.95     121.23
AVERAGE NET PRICE                129.55     98.43    130.33    120.16     123.27
LOWEST NET LOT                   109.82     73.27    112.93     79.39      88.77
HIGHEST NET LOT                  138.68    133.17    147.92    136.34     140.50
AVERAGE LIVE WT                  274.35    285.69    283.38    284.03     283.35
AVERAGE CARCASS WT               206.02    217.17    215.45    213.01     214.80
AVERAGE SORT LOSS                 -2.37     -2.33     -2.27     -1.16      -2.02
AVERAGE BACKFAT                    0.69      0.72      0.71      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.51      2.76      2.74      2.55       2.68
LOINEYE AREA (LD Converted)        7.54      8.30      8.24      7.67       8.06
AVERAGE LEAN PERCENT              54.53     55.54     55.50     55.06      55.34
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,253
CARCASS BASE PRICE               128.98
AVERAGE NET PRICE                131.77
AVERAGE OF LOWEST NET LOTS       127.69
AVERAGE OF HIGHEST NET LOTS      136.37
AVERAGE LIVE WT                  269.94
AVERAGE CARCASS WT               205.57
AVERAGE SORT LOSS                 -1.36
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.97
AVERAGE LEAN PERCENT              55.78
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      118,543
AVERAGE LIVE WT                  284.13
AVERAGE CARCASS WT               216.50
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.80
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.90 lbs carcass;  BF 0.71;  LD 2.64;  LEA 7.93;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $121.66
                    Wtd Avg Net Price       $123.84
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 02, 2014                     384,716
   April 03, 2014                     371,310
   April 04, 2014                     274,991
   April 05, 2014                      22,300
   April 06, 2014                      34,695
   April 07, 2014                     162,582
   April 08, 2014                     175,806
   April 09, 2014                     166,427
   April 10, 2014                     163,304
   April 11, 2014                     127,028
   April 12, 2014                           0
   April 13, 2014                      17,380
   April 14, 2014                      77,811
   April 15, 2014                     101,448
--------------------------------------------------------------------------------
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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