National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/3/2014

Past Market Reports

Report Date: 7/3/2014

LM_HG201
Des Moines, Iowa               Thu, Jul 03, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, July 2, 2014

Barrows and Gilts (Live and Carcass Basis): 389,862

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

HEAD COUNT                        6,598    61,793   146,506    46,545    261,442
CARCASS BASE PRICE               124.25    103.11    127.01    116.53     118.95
AVERAGE NET PRICE                128.37    106.09    128.88    117.35     121.18
LOWEST NET LOT                   117.68     79.70    111.59     81.39      84.32
HIGHEST NET LOT                  138.48    135.72    143.59    132.85     138.10
AVERAGE LIVE WT                  268.43    282.77    282.32    282.10     282.02
AVERAGE CARCASS WT               201.05    214.67    214.82    213.59     214.23
AVERAGE SORT LOSS                 -2.94     -1.96     -2.13     -1.45      -1.95
AVERAGE BACKFAT                    0.74      0.73      0.73      0.75       0.73
AVERAGE LOIN DEPTH (LD)            2.39      2.76      2.73      2.56       2.69
LOINEYE AREA (LD Converted)        7.18      8.31      8.20      7.70       8.09
AVERAGE LEAN PERCENT              53.85     55.49     55.31     54.67      55.18
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,030
CARCASS BASE PRICE               126.93
AVERAGE NET PRICE                128.48
AVERAGE OF LOWEST NET LOTS       119.57
AVERAGE OF HIGHEST NET LOTS      129.36
AVERAGE LIVE WT                  273.31
AVERAGE CARCASS WT               212.35
AVERAGE SORT LOSS                 -2.84
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.94
AVERAGE LEAN PERCENT              56.06
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      111,390
AVERAGE LIVE WT                  279.98
AVERAGE CARCASS WT               214.95
AVERAGE BACKFAT                    0.78
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.13
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.35 lbs carcass;  BF 0.74;  LD 2.65;  LEA 7.97;  FFLI  52.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $119.35
                    Wtd Avg Net Price       $121.65
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 03, 2014                      337,348
   July 04, 2014                        1,680
   July 05, 2014                        1,490
   July 06, 2014                       32,594
   July 07, 2014                      306,840
   July 08, 2014                      309,336
   July 09, 2014                      297,945
   July 10, 2014                      281,649
   July 11, 2014                      191,094
   July 12, 2014                            0
   July 13, 2014                       12,220
   July 14, 2014                      104,324
   July 15, 2014                      113,209
   July 16, 2014                      101,611
--------------------------------------------------------------------------------
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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