National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/8/2014

Past Market Reports

Report Date: 9/8/2014

LM_HG201
Des Moines, Iowa               Mon, Sep 08, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, September 5, 2014 and Saturday, September 6, 2014

Barrows and Gilts (Live and Carcass Basis): 522,859

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

HEAD COUNT                       14,154    58,536   223,043    57,798    353,531
CARCASS BASE PRICE                93.89     93.99     95.26     92.85      94.57
AVERAGE NET PRICE                 94.71     97.22     97.46     94.33      96.79
LOWEST NET LOT                    81.02     59.43     82.25     71.45      72.96
HIGHEST NET LOT                  102.23    126.61    115.97    116.25     113.52
AVERAGE LIVE WT                  279.69    282.14    282.99    281.89     282.53
AVERAGE CARCASS WT               210.00    213.75    214.71    213.16     214.11
AVERAGE SORT LOSS                 -3.85     -1.91     -2.03     -1.21      -1.91
AVERAGE BACKFAT                    0.73      0.72      0.73      0.74       0.73
AVERAGE LOIN DEPTH (LD)            2.50      2.82      2.75      2.58       2.72
LOINEYE AREA (LD Converted)        7.51      8.50      8.27      7.76       8.20
AVERAGE LEAN PERCENT              54.38     55.88     55.36     55.02      55.38
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       22,444
CARCASS BASE PRICE                95.36
AVERAGE NET PRICE                 98.41
AVERAGE OF LOWEST NET LOTS        85.35
AVERAGE OF HIGHEST NET LOTS      102.44
AVERAGE LIVE WT                  274.33
AVERAGE CARCASS WT               209.44
AVERAGE SORT LOSS                 -1.99
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.17
AVERAGE LEAN PERCENT              56.38
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      146,884
AVERAGE LIVE WT                  282.55
AVERAGE CARCASS WT               215.47
AVERAGE BACKFAT                    0.76
AVERAGE LOIN DEPTH (LD)            2.57
AVERAGE LEAN PERCENT              53.58
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.29 lbs carcass;  BF 0.73;  LD 2.69;  LEA 8.07;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $94.61
                    Wtd Avg Net Price        $96.89
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 08, 2014                 383,410
   September 09, 2014                 362,645
   September 10, 2014                 357,872
   September 11, 2014                 350,648
   September 12, 2014                 300,226
   September 13, 2014                  21,920
   September 14, 2014                  14,939
   September 15, 2014                 121,857
   September 16, 2014                 125,370
   September 17, 2014                 119,279
   September 18, 2014                 117,453
   September 19, 2014                  99,087
   September 20, 2014                       0
   September 21, 2014                   8,600
--------------------------------------------------------------------------------
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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