National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/11/2014

Past Market Reports

Report Date: 9/11/2014

LM_HG201
Des Moines, Iowa               Thu, Sep 11, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, September 10, 2014

Barrows and Gilts (Live and Carcass Basis): 380,093

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

HEAD COUNT                        8,651    34,471   164,488    49,634    257,244
CARCASS BASE PRICE                96.10     96.66     98.94     94.39      97.62
AVERAGE NET PRICE                 99.62     99.87    100.97     95.92      99.77
LOWEST NET LOT                    86.00     72.18     86.35     71.26      76.92
HIGHEST NET LOT                  106.93    119.17    114.81    123.70     115.72
AVERAGE LIVE WT                  268.78    282.20    281.83    282.39     281.51
AVERAGE CARCASS WT               201.16    214.07    213.31    212.20     212.80
AVERAGE SORT LOSS                 -2.76     -2.18     -1.95     -1.04      -1.79
AVERAGE BACKFAT                    0.69      0.70      0.73      0.74       0.73
AVERAGE LOIN DEPTH (LD)            2.39      2.80      2.75      2.51       2.69
LOINEYE AREA (LD Converted)        7.19      8.44      8.26      7.54       8.08
AVERAGE LEAN PERCENT              53.84     55.80     55.48     54.62      55.28
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,168
CARCASS BASE PRICE               100.83
AVERAGE NET PRICE                103.26
AVERAGE OF LOWEST NET LOTS       101.26
AVERAGE OF HIGHEST NET LOTS      109.12
AVERAGE LIVE WT                  271.34
AVERAGE CARCASS WT               207.37
AVERAGE SORT LOSS                 -1.66
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.86
AVERAGE LEAN PERCENT              55.55
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      106,681
AVERAGE LIVE WT                  277.96
AVERAGE CARCASS WT               211.02
AVERAGE BACKFAT                    0.76
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.40
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.06 lbs carcass;  BF 0.73;  LD 2.64;  LEA 7.94;  FFLI  52.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $97.76
                    Wtd Avg Net Price        $99.98
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 11, 2014                 385,270
   September 12, 2014                 305,261
   September 13, 2014                  23,010
   September 14, 2014                  35,754
   September 15, 2014                 248,880
   September 16, 2014                 242,117
   September 17, 2014                 232,265
   September 18, 2014                 230,757
   September 19, 2014                 170,969
   September 20, 2014                       0
   September 21, 2014                  11,340
   September 22, 2014                 107,174
   September 23, 2014                 114,304
   September 24, 2014                 109,584
--------------------------------------------------------------------------------
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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