National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/18/2014

Past Market Reports

Report Date: 4/18/2014

LM_HG201
Des Moines, Iowa               Fri, Apr 18, 2014                USDA Market News

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

Barrows and Gilts (Live and Carcass Basis): 379,858

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

HEAD COUNT                        7,088    47,650   151,953    48,876    255,567
CARCASS BASE PRICE               119.31     96.79    118.41    114.28     113.39
AVERAGE NET PRICE                120.48     99.39    120.16    115.42     115.24
LOWEST NET LOT                   110.76     73.56    103.33     82.52      85.82
HIGHEST NET LOT                  126.87    129.37    134.00    126.92     129.03
AVERAGE LIVE WT                  286.05    289.55    285.60    286.42     286.54
AVERAGE CARCASS WT               215.29    219.63    217.00    215.42     217.15
AVERAGE SORT LOSS                 -1.55     -2.62     -2.36     -1.30      -2.16
AVERAGE BACKFAT                    0.82      0.72      0.71      0.73       0.72
AVERAGE LOIN DEPTH (LD)            2.45      2.82      2.72      2.52       2.68
LOINEYE AREA (LD Converted)        7.36      8.48      8.19      7.57       8.08
AVERAGE LEAN PERCENT              53.25     55.88     55.57     54.93      55.43
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,777
CARCASS BASE PRICE               118.78
AVERAGE NET PRICE                120.82
AVERAGE OF LOWEST NET LOTS       113.21
AVERAGE OF HIGHEST NET LOTS      125.69
AVERAGE LIVE WT                  273.26
AVERAGE CARCASS WT               210.10
AVERAGE SORT LOSS                 -1.91
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.72
LOINEYE AREA (LD Converted)        8.18
AVERAGE LEAN PERCENT              56.71
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      108,514
AVERAGE LIVE WT                  290.89
AVERAGE CARCASS WT               220.85
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.51
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
217.92 lbs carcass;  BF 0.71;  LD 2.65;  LEA 7.96;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $113.64
                    Wtd Avg Net Price       $115.58
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 18, 2014                     318,742
   April 19, 2014                       1,500
   April 20, 2014                      21,296
   April 21, 2014                     239,075
   April 22, 2014                     306,247
   April 23, 2014                     300,058
   April 24, 2014                     296,200
   April 25, 2014                     252,205
   April 26, 2014                      36,542
   April 27, 2014                      18,265
   April 28, 2014                     115,014
   April 29, 2014                     123,359
   April 30, 2014                     126,800
   May 01, 2014                       112,488
--------------------------------------------------------------------------------
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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