National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/14/2014

Past Market Reports

Report Date: 5/14/2014

LM_HG201
Des Moines, Iowa               Wed, May 14, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, May 13, 2014

Barrows and Gilts (Live and Carcass Basis): 387,197

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

HEAD COUNT                       10,947    34,854   163,365    46,759    255,925
CARCASS BASE PRICE               109.45    101.58    111.00    105.88     108.65
AVERAGE NET PRICE                111.95    104.36    112.98    106.96     110.60
LOWEST NET LOT                    93.43     67.66    100.02     83.65      85.97
HIGHEST NET LOT                  119.26    133.57    127.00    118.02     124.58
AVERAGE LIVE WT                  273.56    286.16    285.78    284.52     285.05
AVERAGE CARCASS WT               207.93    217.48    216.73    214.31     216.02
AVERAGE SORT LOSS                 -2.70     -2.26     -2.49     -1.56      -2.26
AVERAGE BACKFAT                    0.72      0.71      0.69      0.73       0.70
AVERAGE LOIN DEPTH (LD)            2.48      2.72      2.77      2.59       2.71
LOINEYE AREA (LD Converted)        7.44      8.19      8.33      7.79       8.14
AVERAGE LEAN PERCENT              54.27     55.44     55.88     55.05      55.53
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,922
CARCASS BASE PRICE               111.35
AVERAGE NET PRICE                113.82
AVERAGE OF LOWEST NET LOTS       108.37
AVERAGE OF HIGHEST NET LOTS      115.72
AVERAGE LIVE WT                  264.68
AVERAGE CARCASS WT               204.06
AVERAGE SORT LOSS                 -1.30
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.86
AVERAGE LEAN PERCENT              55.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,350
AVERAGE LIVE WT                  285.41
AVERAGE CARCASS WT               217.15
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              53.39
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.85 lbs carcass;  BF 0.71;  LD 2.66;  LEA 8.00;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $108.77
                    Wtd Avg Net Price       $110.80
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 14, 2014                       392,959
   May 15, 2014                       353,216
   May 16, 2014                       263,917
   May 17, 2014                        24,710
   May 18, 2014                        34,929
   May 19, 2014                       167,009
   May 20, 2014                       185,800
   May 21, 2014                       177,312
   May 22, 2014                       176,260
   May 23, 2014                       145,741
   May 24, 2014                             0
   May 25, 2014                         2,435
   May 26, 2014                        43,230
   May 27, 2014                       125,143
--------------------------------------------------------------------------------
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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