National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/13/2014

Past Market Reports

Report Date: 5/13/2014

LM_HG201
Des Moines, Iowa               Tue, May 13, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, May 12, 2014

Barrows and Gilts (Live and Carcass Basis): 356,287

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

HEAD COUNT                        8,682    30,022   145,240    47,176    231,120
CARCASS BASE PRICE               110.34    103.33    111.46    105.44     109.07
AVERAGE NET PRICE                111.99    105.06    112.95    106.54     110.52
LOWEST NET LOT                   104.83     70.13     71.66     83.34      88.99
HIGHEST NET LOT                  118.87    128.38    130.27    122.04     123.00
AVERAGE LIVE WT                  273.17    285.32    284.74    283.10     284.04
AVERAGE CARCASS WT               206.35    216.76    216.89    213.63     215.82
AVERAGE SORT LOSS                 -2.12     -2.22     -2.59     -1.43      -2.24
AVERAGE BACKFAT                    0.77      0.73      0.70      0.73       0.71
AVERAGE LOIN DEPTH (LD)            2.41      2.70      2.74      2.58       2.68
LOINEYE AREA (LD Converted)        7.22      8.12      8.25      7.76       8.07
AVERAGE LEAN PERCENT              53.81     55.19     55.66     55.19      55.40
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,453
CARCASS BASE PRICE               111.78
AVERAGE NET PRICE                113.10
AVERAGE OF LOWEST NET LOTS       105.39
AVERAGE OF HIGHEST NET LOTS      113.95
AVERAGE LIVE WT                  268.93
AVERAGE CARCASS WT               209.05
AVERAGE SORT LOSS                 -2.00
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.07
AVERAGE LEAN PERCENT              56.37
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      109,714
AVERAGE LIVE WT                  283.62
AVERAGE CARCASS WT               215.47
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.50
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.41 lbs carcass;  BF 0.71;  LD 2.63;  LEA 7.91;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $109.21
                    Wtd Avg Net Price       $110.69
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 13, 2014                       394,249
   May 14, 2014                       369,129
   May 15, 2014                       351,518
   May 16, 2014                       259,773
   May 17, 2014                        24,710
   May 18, 2014                        30,239
   May 19, 2014                       150,183
   May 20, 2014                       158,251
   May 21, 2014                       152,928
   May 22, 2014                       138,455
   May 23, 2014                       115,724
   May 24, 2014                             0
   May 25, 2014                         3,935
   May 26, 2014                        44,970
--------------------------------------------------------------------------------
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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