National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/10/2014

Past Market Reports

Report Date: 7/10/2014

LM_HG201
Des Moines, Iowa               Thu, Jul 10, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, July 9, 2014

Barrows and Gilts (Live and Carcass Basis): 364,533

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

HEAD COUNT                        7,275    57,803   132,628    43,960    241,666
CARCASS BASE PRICE               127.94    107.24    130.40    120.26     122.45
AVERAGE NET PRICE                130.84    110.36    132.08    120.64     124.48
LOWEST NET LOT                   120.38     81.71    117.95     81.26     101.03
HIGHEST NET LOT                  142.63    137.04    141.50    136.22     138.34
AVERAGE LIVE WT                  288.68    279.33    281.77    284.63     281.92
AVERAGE CARCASS WT               214.42    212.36    214.05    216.30     214.06
AVERAGE SORT LOSS                 -2.15     -1.72     -1.94     -1.76      -1.84
AVERAGE BACKFAT                    0.76      0.71      0.74      0.76       0.74
AVERAGE LOIN DEPTH (LD)            2.58      2.75      2.72      2.56       2.69
LOINEYE AREA (LD Converted)        7.75      8.27      8.18      7.70       8.08
AVERAGE LEAN PERCENT              54.80     55.60     55.14     54.69      55.17
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,085
CARCASS BASE PRICE               130.80
AVERAGE NET PRICE                132.63
AVERAGE OF LOWEST NET LOTS       113.52
AVERAGE OF HIGHEST NET LOTS      138.92
AVERAGE LIVE WT                  268.63
AVERAGE CARCASS WT               208.75
AVERAGE SORT LOSS                 -2.28
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.95
AVERAGE LEAN PERCENT              55.68
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      106,782
AVERAGE LIVE WT                  279.14
AVERAGE CARCASS WT               211.59
AVERAGE BACKFAT                    0.79
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.13
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.09 lbs carcass;  BF 0.75;  LD 2.64;  LEA 7.94;  FFLI  52.00%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $122.85
                    Wtd Avg Net Price       $125.00
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 10, 2014                      365,478
   July 11, 2014                      216,236
   July 12, 2014                        3,270
   July 13, 2014                       30,311
   July 14, 2014                      230,093
   July 15, 2014                      243,263
   July 16, 2014                      233,881
   July 17, 2014                      228,839
   July 18, 2014                      166,386
   July 19, 2014                           40
   July 20, 2014                       16,310
   July 21, 2014                       98,048
   July 22, 2014                      111,704
   July 23, 2014                      105,632
--------------------------------------------------------------------------------
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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