National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/23/2014

Past Market Reports

Report Date: 6/23/2014

LM_HG201
Des Moines, Iowa               Mon, Jun 23, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, June 20, 2014 and Saturday, June 21, 2014

Barrows and Gilts (Live and Carcass Basis): 340,734

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

HEAD COUNT                        9,322    46,529   126,961    42,487    225,299
CARCASS BASE PRICE               116.56    103.78    118.89    110.63     113.88
AVERAGE NET PRICE                120.07    106.53    121.04    111.22     116.01
LOWEST NET LOT                   110.75     81.82    107.77     83.18      92.02
HIGHEST NET LOT                  130.83    130.05    132.85    133.84     132.23
AVERAGE LIVE WT                  277.30    282.92    283.96    285.12     283.68
AVERAGE CARCASS WT               207.52    215.58    216.02    216.17     215.64
AVERAGE SORT LOSS                 -3.72     -1.99     -2.21     -1.78      -2.10
AVERAGE BACKFAT                    0.70      0.73      0.70      0.73       0.71
AVERAGE LOIN DEPTH (LD)            2.43      2.75      2.73      2.53       2.67
LOINEYE AREA (LD Converted)        7.29      8.28      8.22      7.60       8.04
AVERAGE LEAN PERCENT              54.34     55.55     55.58     54.69      55.31
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,686
CARCASS BASE PRICE               119.33
AVERAGE NET PRICE                122.24
AVERAGE OF LOWEST NET LOTS       114.35
AVERAGE OF HIGHEST NET LOTS      130.84
AVERAGE LIVE WT                  270.23
AVERAGE CARCASS WT               207.65
AVERAGE SORT LOSS                 -1.87
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.07
AVERAGE LEAN PERCENT              56.70
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      105,749
AVERAGE LIVE WT                  284.24
AVERAGE CARCASS WT               215.30
AVERAGE BACKFAT                    0.77
AVERAGE LOIN DEPTH (LD)            2.55
AVERAGE LEAN PERCENT              53.40
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.31 lbs carcass;  BF 0.72;  LD 2.65;  LEA 7.96;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $114.09
                    Wtd Avg Net Price       $116.26
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 23, 2014                      365,408
   June 24, 2014                      352,135
   June 25, 2014                      344,458
   June 26, 2014                      338,743
   June 27, 2014                      245,175
   June 28, 2014                       18,125
   June 29, 2014                       28,318
   June 30, 2014                      147,932
   July 01, 2014                      143,055
   July 02, 2014                      138,943
   July 03, 2014                      115,500
   July 04, 2014                            0
   July 05, 2014                          700
   July 06, 2014                       15,810
--------------------------------------------------------------------------------
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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