National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/3/2014

Past Market Reports

Report Date: 4/3/2014

LM_HG201
Des Moines, Iowa               Thu, Apr 03, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, April 2, 2014

Barrows and Gilts (Live and Carcass Basis): 379,211

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

HEAD COUNT                       11,293    38,183   151,756    49,667    250,899
CARCASS BASE PRICE               126.38     95.46    128.48    117.42     120.83
AVERAGE NET PRICE                130.78     97.85    130.40    118.74     122.93
LOWEST NET LOT                   108.81     73.81    104.42     80.91      80.71
HIGHEST NET LOT                  140.02    132.03    139.66    136.05     137.03
AVERAGE LIVE WT                  273.33    290.78    284.15    283.47     284.48
AVERAGE CARCASS WT               203.96    219.29    215.43    213.17     215.13
AVERAGE SORT LOSS                 -2.11     -2.62     -2.31     -1.12      -2.08
AVERAGE BACKFAT                    0.74      0.72      0.71      0.71       0.71
AVERAGE LOIN DEPTH (LD)            2.41      2.78      2.74      2.52       2.67
LOINEYE AREA (LD Converted)        7.24      8.36      8.24      7.58       8.04
AVERAGE LEAN PERCENT              53.96     55.60     55.58     55.10      55.38
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,996
CARCASS BASE PRICE               130.31
AVERAGE NET PRICE                132.60
AVERAGE OF LOWEST NET LOTS       126.69
AVERAGE OF HIGHEST NET LOTS      137.73
AVERAGE LIVE WT                  270.61
AVERAGE CARCASS WT               207.36
AVERAGE SORT LOSS                 -1.50
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.58
LOINEYE AREA (LD Converted)        7.77
AVERAGE LEAN PERCENT              55.68
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,316
AVERAGE LIVE WT                  287.05
AVERAGE CARCASS WT               217.80
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.70
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.63 lbs carcass;  BF 0.71;  LD 2.63;  LEA 7.92;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $121.25
                    Wtd Avg Net Price       $123.50
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 03, 2014                     395,833
   April 04, 2014                     267,965
   April 05, 2014                      20,640
   April 06, 2014                      42,367
   April 07, 2014                     215,232
   April 08, 2014                     224,041
   April 09, 2014                     207,912
   April 10, 2014                     213,223
   April 11, 2014                     170,384
   April 12, 2014                           0
   April 13, 2014                      20,955
   April 14, 2014                      81,392
   April 15, 2014                      99,683
   April 16, 2014                      94,866
--------------------------------------------------------------------------------
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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