National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/26/2014

Past Market Reports

Report Date: 6/26/2014

LM_HG201
Des Moines, Iowa               Thu, Jun 26, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, June 25, 2014

Barrows and Gilts (Live and Carcass Basis): 363,580

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

HEAD COUNT                        6,210    48,762   141,554    46,995    243,521
CARCASS BASE PRICE               122.41    102.49    123.85    114.31     117.32
AVERAGE NET PRICE                122.77    105.45    125.73    115.31     119.44
LOWEST NET LOT                   109.70     78.04    107.52     81.52      81.93
HIGHEST NET LOT                  129.90    134.12    141.29    137.07     137.11
AVERAGE LIVE WT                  292.37    281.76    282.61    282.19     282.58
AVERAGE CARCASS WT               213.22    214.42    214.92    213.49     214.50
AVERAGE SORT LOSS                 -1.43     -2.02     -2.26     -1.31      -1.97
AVERAGE BACKFAT                    0.76      0.72      0.72      0.74       0.73
AVERAGE LOIN DEPTH (LD)            2.49      2.76      2.74      2.56       2.70
LOINEYE AREA (LD Converted)        7.48      8.30      8.24      7.69       8.11
AVERAGE LEAN PERCENT              53.96     55.49     55.39     54.91      55.27
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,731
CARCASS BASE PRICE               125.38
AVERAGE NET PRICE                127.40
AVERAGE OF LOWEST NET LOTS       122.21
AVERAGE OF HIGHEST NET LOTS      131.02
AVERAGE LIVE WT                  274.59
AVERAGE CARCASS WT               212.77
AVERAGE SORT LOSS                 -2.52
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.90
AVERAGE LEAN PERCENT              55.99
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      106,328
AVERAGE LIVE WT                  282.82
AVERAGE CARCASS WT               213.74
AVERAGE BACKFAT                    0.77
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              53.43
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.21 lbs carcass;  BF 0.73;  LD 2.66;  LEA 7.99;  FFLI  52.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $117.63
                    Wtd Avg Net Price       $119.88
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 26, 2014                      373,201
   June 27, 2014                      251,484
   June 28, 2014                       21,885
   June 29, 2014                       41,272
   June 30, 2014                      222,414
   July 01, 2014                      226,302
   July 02, 2014                      220,132
   July 03, 2014                      185,850
   July 04, 2014                            0
   July 05, 2014                          700
   July 06, 2014                       16,045
   July 07, 2014                      112,963
   July 08, 2014                      117,400
   July 09, 2014                      106,228
--------------------------------------------------------------------------------
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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