National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/15/2014

Past Market Reports

Report Date: 7/15/2014

LM_HG201
Des Moines, Iowa               Tue, Jul 15, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, July 14, 2014

Barrows and Gilts (Live and Carcass Basis): 326,986

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

HEAD COUNT                        9,198    36,247   135,006    39,851    220,302
CARCASS BASE PRICE               129.85    108.28    131.88    122.33     125.97
AVERAGE NET PRICE                133.08    110.88    133.86    122.85     127.94
LOWEST NET LOT                   108.82     81.77    122.65     79.45      98.17
HIGHEST NET LOT                  142.63    136.00    141.57    138.22     139.03
AVERAGE LIVE WT                  276.33    279.71    281.26    283.58     281.19
AVERAGE CARCASS WT               208.27    212.53    213.66    214.60     213.44
AVERAGE SORT LOSS                 -3.17     -1.69     -2.00     -1.64      -1.89
AVERAGE BACKFAT                    0.75      0.73      0.74      0.75       0.74
AVERAGE LOIN DEPTH (LD)            2.52      2.75      2.71      2.56       2.67
LOINEYE AREA (LD Converted)        7.58      8.27      8.14      7.70       8.04
AVERAGE LEAN PERCENT              54.37     55.36     55.22     54.74      55.10
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,203
CARCASS BASE PRICE               132.15
AVERAGE NET PRICE                134.24
AVERAGE OF LOWEST NET LOTS       128.05
AVERAGE OF HIGHEST NET LOTS      141.21
AVERAGE LIVE WT                  271.68
AVERAGE CARCASS WT               208.84
AVERAGE SORT LOSS                 -1.90
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.91
AVERAGE LEAN PERCENT              55.61
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       92,481
AVERAGE LIVE WT                  278.69
AVERAGE CARCASS WT               211.65
AVERAGE BACKFAT                    0.76
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.20
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.72 lbs carcass;  BF 0.74;  LD 2.62;  LEA 7.89;  FFLI  52.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $126.25
                    Wtd Avg Net Price       $128.33
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 15, 2014                      382,538
   July 16, 2014                      348,501
   July 17, 2014                      341,212
   July 18, 2014                      211,404
   July 19, 2014                            0
   July 20, 2014                       27,605
   July 21, 2014                      138,968
   July 22, 2014                      153,803
   July 23, 2014                      143,985
   July 24, 2014                      133,655
   July 25, 2014                       91,029
   July 26, 2014                            0
   July 27, 2014                       12,355
   July 28, 2014                       94,947
--------------------------------------------------------------------------------
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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