National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/23/2014

Past Market Reports

Report Date: 7/23/2014

LM_HG201
Des Moines, Iowa               Wed, Jul 23, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, July 22, 2014

Barrows and Gilts (Live and Carcass Basis): 373,802

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

HEAD COUNT                        9,695    48,751   141,662    46,774    246,882
CARCASS BASE PRICE               128.05    110.18    129.83    121.09     123.91
AVERAGE NET PRICE                132.03    112.97    131.72    121.92     125.99
LOWEST NET LOT                   113.49     69.16    117.51     78.21      89.85
HIGHEST NET LOT                  140.30    136.74    147.93    144.01     143.10
AVERAGE LIVE WT                  274.22    279.54    278.53    280.15     278.88
AVERAGE CARCASS WT               205.89    213.15    212.14    211.99     212.11
AVERAGE SORT LOSS                 -2.63     -1.98     -1.84     -1.40      -1.78
AVERAGE BACKFAT                    0.75      0.73      0.73      0.73       0.73
AVERAGE LOIN DEPTH (LD)            2.50      2.76      2.71      2.53       2.67
LOINEYE AREA (LD Converted)        7.50      8.30      8.14      7.59       8.01
AVERAGE LEAN PERCENT              53.94     55.45     55.28     54.81      55.14
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,330
CARCASS BASE PRICE               129.90
AVERAGE NET PRICE                131.27
AVERAGE OF LOWEST NET LOTS       125.23
AVERAGE OF HIGHEST NET LOTS      133.18
AVERAGE LIVE WT                  272.87
AVERAGE CARCASS WT               210.61
AVERAGE SORT LOSS                 -1.92
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.10
AVERAGE LEAN PERCENT              56.25
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      108,590
AVERAGE LIVE WT                  276.66
AVERAGE CARCASS WT               211.48
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.30
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.85 lbs carcass;  BF 0.73;  LD 2.63;  LEA 7.89;  FFLI  52.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $124.22
                    Wtd Avg Net Price       $126.38
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 23, 2014                      376,733
   July 24, 2014                      346,583
   July 25, 2014                      234,824
   July 26, 2014                        1,170
   July 27, 2014                       32,046
   July 28, 2014                      172,433
   July 29, 2014                      180,713
   July 30, 2014                      176,549
   July 31, 2014                      168,367
   August 01, 2014                     91,129
   August 02, 2014                          0
   August 03, 2014                      4,255
   August 04, 2014                     67,995
   August 05, 2014                    106,711
--------------------------------------------------------------------------------
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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