National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/7/2014

Past Market Reports

Report Date: 5/7/2014

LM_HG201
Des Moines, Iowa               Wed, May 07, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, May 6, 2014

Barrows and Gilts (Live and Carcass Basis): 387,216

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

HEAD COUNT                        7,163    45,359   147,937    51,115    251,574
CARCASS BASE PRICE               108.70    101.38    112.58    106.24     109.05
AVERAGE NET PRICE                111.87    103.75    114.38    107.52     110.94
LOWEST NET LOT                   105.15     69.36     96.45     81.44      92.26
HIGHEST NET LOT                  118.87    131.53    128.47    120.06     126.43
AVERAGE LIVE WT                  259.16    286.87    283.90    283.14     283.64
AVERAGE CARCASS WT               203.30    218.14    215.72    213.24     215.32
AVERAGE SORT LOSS                 -3.04     -2.62     -2.49     -1.34      -2.24
AVERAGE BACKFAT                    0.73      0.72      0.72      0.73       0.72
AVERAGE LOIN DEPTH (LD)            2.39      2.79      2.74      2.56       2.69
LOINEYE AREA (LD Converted)        7.17      8.38      8.24      7.69       8.09
AVERAGE LEAN PERCENT              53.63     55.73     55.51     55.08      55.39
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,634
CARCASS BASE PRICE               113.46
AVERAGE NET PRICE                116.05
AVERAGE OF LOWEST NET LOTS       111.48
AVERAGE OF HIGHEST NET LOTS      122.77
AVERAGE LIVE WT                  269.68
AVERAGE CARCASS WT               207.56
AVERAGE SORT LOSS                 -2.18
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.15
AVERAGE LEAN PERCENT              55.89
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      117,008
AVERAGE LIVE WT                  282.76
AVERAGE CARCASS WT               215.29
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.58
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.93 lbs carcass;  BF 0.72;  LD 2.65;  LEA 7.96;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $109.29
                    Wtd Avg Net Price       $111.30
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 07, 2014                       389,710
   May 08, 2014                       369,705
   May 09, 2014                       276,237
   May 10, 2014                        22,880
   May 11, 2014                        34,191
   May 12, 2014                       166,394
   May 13, 2014                       180,170
   May 14, 2014                       176,652
   May 15, 2014                       172,538
   May 16, 2014                       140,688
   May 17, 2014                             0
   May 18, 2014                        21,670
   May 19, 2014                       113,600
   May 20, 2014                       119,731
--------------------------------------------------------------------------------
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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