National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/30/2014

Past Market Reports

Report Date: 4/30/2014

LM_HG201
Des Moines, Iowa               Wed, Apr 30, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, April 29, 2014

Barrows and Gilts (Live and Carcass Basis): 377,448

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

HEAD COUNT                        8,660    43,201   150,087    48,647    250,595
CARCASS BASE PRICE               111.45     99.48    113.79    107.82     109.94
AVERAGE NET PRICE                114.10    101.87    115.57    109.10     111.82
LOWEST NET LOT                   101.73     72.46     97.79     81.90      92.46
HIGHEST NET LOT                  121.21    129.83    127.52    120.59     126.92
AVERAGE LIVE WT                  267.13    287.75    284.53    284.42     284.49
AVERAGE CARCASS WT               202.51    218.86    216.47    214.02     215.98
AVERAGE SORT LOSS                 -3.25     -2.68     -2.42     -1.35      -2.25
AVERAGE BACKFAT                    0.73      0.69      0.71      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.31      2.77      2.74      2.54       2.68
LOINEYE AREA (LD Converted)        6.93      8.35      8.25      7.64       8.08
AVERAGE LEAN PERCENT              53.33     55.84     55.59     55.15      55.46
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,165
CARCASS BASE PRICE               114.45
AVERAGE NET PRICE                116.70
AVERAGE OF LOWEST NET LOTS       111.14
AVERAGE OF HIGHEST NET LOTS      117.12
AVERAGE LIVE WT                  273.14
AVERAGE CARCASS WT               209.75
AVERAGE SORT LOSS                 -1.88
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.11
AVERAGE LEAN PERCENT              56.49
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      109,688
AVERAGE LIVE WT                  285.54
AVERAGE CARCASS WT               217.45
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              53.71
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.11 lbs carcass;  BF 0.71;  LD 2.65;  LEA 7.97;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $110.17
                    Wtd Avg Net Price       $112.14
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 30, 2014                     381,189
   May 01, 2014                       354,308
   May 02, 2014                       309,938
   May 03, 2014                        31,007
   May 04, 2014                        35,334
   May 05, 2014                       155,655
   May 06, 2014                       182,858
   May 07, 2014                       168,720
   May 08, 2014                       166,371
   May 09, 2014                       136,847
   May 10, 2014                             0
   May 11, 2014                        18,910
   May 12, 2014                       111,333
   May 13, 2014                       116,252
--------------------------------------------------------------------------------
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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