National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/18/2014

Past Market Reports

Report Date: 8/18/2014

LM_HG201
Des Moines, Iowa               Mon, Aug 18, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, August 15, 2014 and Saturday, August 16, 2014

Barrows and Gilts (Live and Carcass Basis): 402,256

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

HEAD COUNT                       10,729    60,008   157,252    46,064    274,053
CARCASS BASE PRICE               110.65    109.02    110.00    105.61     109.01
AVERAGE NET PRICE                112.13    112.44    112.01    106.51     111.16
LOWEST NET LOT                    94.99     63.61     96.63     73.66      75.98
HIGHEST NET LOT                  117.95    133.82    134.65    123.65     127.21
AVERAGE LIVE WT                  275.31    277.31    283.63    284.52     282.05
AVERAGE CARCASS WT               205.47    210.90    215.52    215.20     214.06
AVERAGE SORT LOSS                 -3.61     -1.77     -2.33     -1.52      -2.07
AVERAGE BACKFAT                    0.73      0.72      0.74      0.75       0.74
AVERAGE LOIN DEPTH (LD)            2.36      2.78      2.77      2.57       2.72
LOINEYE AREA (LD Converted)        7.09      8.35      8.33      7.73       8.17
AVERAGE LEAN PERCENT              53.81     55.71     55.40     54.75      55.30
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,547
CARCASS BASE PRICE               110.65
AVERAGE NET PRICE                112.46
AVERAGE OF LOWEST NET LOTS       106.90
AVERAGE OF HIGHEST NET LOTS      118.16
AVERAGE LIVE WT                  274.82
AVERAGE CARCASS WT               209.24
AVERAGE SORT LOSS                 -1.74
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.00
AVERAGE LEAN PERCENT              55.42
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      114,656
AVERAGE LIVE WT                  282.05
AVERAGE CARCASS WT               215.28
AVERAGE BACKFAT                    0.77
AVERAGE LOIN DEPTH (LD)            2.55
AVERAGE LEAN PERCENT              53.24
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.24 lbs carcass;  BF 0.74;  LD 2.67;  LEA 8.04;  FFLI  52.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $109.09
                    Wtd Avg Net Price       $111.23
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 18, 2014                    386,340
   August 19, 2014                    354,914
   August 20, 2014                    353,131
   August 21, 2014                    346,905
   August 22, 2014                    259,345
   August 23, 2014                     24,360
   August 24, 2014                     22,070
   August 25, 2014                    121,607
   August 26, 2014                    123,886
   August 27, 2014                    115,207
   August 28, 2014                    118,238
   August 29, 2014                    102,195
   August 30, 2014                        480
   August 31, 2014                          0
--------------------------------------------------------------------------------
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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