National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/17/2014

Past Market Reports

Report Date: 6/17/2014

LM_HG201
Des Moines, Iowa               Tue, Jun 17, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, June 16, 2014

Barrows and Gilts (Live and Carcass Basis): 343,217

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

HEAD COUNT                       12,385    40,549   132,161    42,557    227,652
CARCASS BASE PRICE               114.83    104.48    115.08    109.12     111.83
AVERAGE NET PRICE                116.41    106.79    116.81    109.80     113.56
LOWEST NET LOT                   102.10     76.78    100.49     84.58      85.33
HIGHEST NET LOT                  123.69    137.70    125.58    123.23     128.82
AVERAGE LIVE WT                  266.73    281.64    283.01    283.67     281.87
AVERAGE CARCASS WT               213.47    213.67    215.68    214.81     215.06
AVERAGE SORT LOSS                 -3.10     -1.85     -2.33     -1.60      -2.08
AVERAGE BACKFAT                    0.74      0.73      0.72      0.72       0.72
AVERAGE LOIN DEPTH (LD)            2.54      2.71      2.74      2.51       2.67
LOINEYE AREA (LD Converted)        7.64      8.15      8.23      7.55       8.03
AVERAGE LEAN PERCENT              54.92     55.31     55.49     54.84      55.28
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,586
CARCASS BASE PRICE               116.48
AVERAGE NET PRICE                119.94
AVERAGE OF LOWEST NET LOTS       117.96
AVERAGE OF HIGHEST NET LOTS      122.41
AVERAGE LIVE WT                  273.05
AVERAGE CARCASS WT               208.94
AVERAGE SORT LOSS                 -1.64
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.90
AVERAGE LEAN PERCENT              55.75
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      100,979
AVERAGE LIVE WT                  279.46
AVERAGE CARCASS WT               213.27
AVERAGE BACKFAT                    0.76
AVERAGE LOIN DEPTH (LD)            2.56
AVERAGE LEAN PERCENT              53.58
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.25 lbs carcass;  BF 0.73;  LD 2.64;  LEA 7.93;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $112.03
                    Wtd Avg Net Price       $113.97
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 17, 2014                      390,192
   June 18, 2014                      351,716
   June 19, 2014                      344,920
   June 20, 2014                      239,736
   June 21, 2014                        2,010
   June 22, 2014                       31,105
   June 23, 2014                      160,307
   June 24, 2014                      167,455
   June 25, 2014                      159,091
   June 26, 2014                      149,299
   June 27, 2014                      114,052
   June 28, 2014                          525
   June 29, 2014                       19,705
   June 30, 2014                      116,732
--------------------------------------------------------------------------------
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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