National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/10/2014

Past Market Reports

Report Date: 4/10/2014

LM_HG201
Des Moines, Iowa               Thu, Apr 10, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, April 9, 2014

Barrows and Gilts (Live and Carcass Basis): 373,377

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

HEAD COUNT                        9,396    40,012   158,792    45,180    253,380
CARCASS BASE PRICE               126.77     97.06    125.36    116.87     119.11
AVERAGE NET PRICE                128.54     99.09    127.19    117.91     120.95
LOWEST NET LOT                   111.58     78.41    113.36     78.02      89.42
HIGHEST NET LOT                  138.55    131.09    140.55    133.14     136.19
AVERAGE LIVE WT                  285.89    287.05    286.79    284.13     286.30
AVERAGE CARCASS WT               214.89    217.79    217.25    213.39     216.55
AVERAGE SORT LOSS                 -2.23     -2.35     -2.50     -1.38      -2.23
AVERAGE BACKFAT                    0.77      0.74      0.72      0.72       0.73
AVERAGE LOIN DEPTH (LD)            2.59      2.76      2.76      2.55       2.71
LOINEYE AREA (LD Converted)        7.77      8.30      8.30      7.65       8.13
AVERAGE LEAN PERCENT              54.47     55.37     55.53     55.02      55.35
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,502
CARCASS BASE PRICE               126.50
AVERAGE NET PRICE                128.67
AVERAGE OF LOWEST NET LOTS       126.37
AVERAGE OF HIGHEST NET LOTS      131.74
AVERAGE LIVE WT                  272.78
AVERAGE CARCASS WT               208.51
AVERAGE SORT LOSS                 -1.33
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.14
AVERAGE LEAN PERCENT              56.67
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      105,495
AVERAGE LIVE WT                  287.27
AVERAGE CARCASS WT               218.18
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.89
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.69 lbs carcass;  BF 0.72;  LD 2.66;  LEA 8.01;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $119.43
                    Wtd Avg Net Price       $121.38
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 10, 2014                     390,882
   April 11, 2014                     279,105
   April 12, 2014                      21,730
   April 13, 2014                      44,581
   April 14, 2014                     222,709
   April 15, 2014                     221,742
   April 16, 2014                     209,123
   April 17, 2014                     204,581
   April 18, 2014                     163,516
   April 19, 2014                           0
   April 20, 2014                      14,455
   April 21, 2014                     107,657
   April 22, 2014                     133,052
   April 23, 2014                     124,466
--------------------------------------------------------------------------------
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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