National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/18/2014

Past Market Reports

Report Date: 6/18/2014

LM_HG201
Des Moines, Iowa               Wed, Jun 18, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, June 17, 2014

Barrows and Gilts (Live and Carcass Basis): 351,195

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

HEAD COUNT                        7,308    50,872   135,859    45,506    239,545
CARCASS BASE PRICE               114.71    105.19    116.04    110.54     112.54
AVERAGE NET PRICE                117.91    107.72    117.89    111.22     114.44
LOWEST NET LOT                   104.66     69.33    103.78     83.62      88.24
HIGHEST NET LOT                  127.89    137.50    128.61    129.08     129.24
AVERAGE LIVE WT                  270.72    285.89    283.11    283.51     283.36
AVERAGE CARCASS WT               202.22    216.90    215.29    214.08     215.04
AVERAGE SORT LOSS                 -4.22     -2.33     -2.32     -1.66      -2.21
AVERAGE BACKFAT                    0.72      0.74      0.74      0.73       0.74
AVERAGE LOIN DEPTH (LD)            2.31      2.73      2.72      2.52       2.67
LOINEYE AREA (LD Converted)        6.92      8.22      8.18      7.58       8.02
AVERAGE LEAN PERCENT              53.76     55.41     55.24     54.97      55.19
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,475
CARCASS BASE PRICE               117.03
AVERAGE NET PRICE                120.18
AVERAGE OF LOWEST NET LOTS       115.30
AVERAGE OF HIGHEST NET LOTS      124.94
AVERAGE LIVE WT                  271.46
AVERAGE CARCASS WT               208.97
AVERAGE SORT LOSS                 -1.64
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.82
AVERAGE LEAN PERCENT              55.52
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       97,175
AVERAGE LIVE WT                  284.55
AVERAGE CARCASS WT               215.56
AVERAGE BACKFAT                    0.77
AVERAGE LOIN DEPTH (LD)            2.57
AVERAGE LEAN PERCENT              53.50
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.92 lbs carcass;  BF 0.74;  LD 2.64;  LEA 7.94;  FFLI  52.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $112.72
                    Wtd Avg Net Price       $114.78
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 18, 2014                      348,383
   June 19, 2014                      347,397
   June 20, 2014                      273,525
   June 21, 2014                        2,010
   June 22, 2014                       30,835
   June 23, 2014                      162,133
   June 24, 2014                      173,153
   June 25, 2014                      165,748
   June 26, 2014                      167,656
   June 27, 2014                      127,152
   June 28, 2014                          525
   June 29, 2014                       24,260
   June 30, 2014                      122,634
   July 01, 2014                      128,000
--------------------------------------------------------------------------------
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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