National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/15/2014

Past Market Reports

Report Date: 9/15/2014

LM_HG201
Des Moines, Iowa               Mon, Sep 15, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, September 12, 2014 and Saturday, September 13, 2014

Barrows and Gilts (Live and Carcass Basis): 408,329

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

HEAD COUNT                        9,188    41,911   157,641    52,846    261,586
CARCASS BASE PRICE                98.28     94.83    100.80     95.28      98.53
AVERAGE NET PRICE                100.42     98.33    102.88     96.44     100.70
LOWEST NET LOT                    81.17     71.45     87.71     71.43      73.54
HIGHEST NET LOT                  109.19    119.97    113.05    116.24     113.15
AVERAGE LIVE WT                  271.30    279.66    283.41    283.09     282.26
AVERAGE CARCASS WT               206.10    212.01    214.65    214.00     213.80
AVERAGE SORT LOSS                 -3.58     -1.81     -1.93     -1.21      -1.78
AVERAGE BACKFAT                    0.73      0.68      0.74      0.75       0.73
AVERAGE LOIN DEPTH (LD)            2.37      2.82      2.75      2.53       2.70
LOINEYE AREA (LD Converted)        7.11      8.48      8.26      7.61       8.11
AVERAGE LEAN PERCENT              53.62     56.02     55.26     54.66      55.23
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,393
CARCASS BASE PRICE               102.61
AVERAGE NET PRICE                105.14
AVERAGE OF LOWEST NET LOTS       101.32
AVERAGE OF HIGHEST NET LOTS      108.44
AVERAGE LIVE WT                  274.75
AVERAGE CARCASS WT               209.83
AVERAGE SORT LOSS                 -2.28
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        7.98
AVERAGE LEAN PERCENT              55.21
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      131,350
AVERAGE LIVE WT                  282.38
AVERAGE CARCASS WT               215.81
AVERAGE BACKFAT                    0.79
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              53.11
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.30 lbs carcass;  BF 0.74;  LD 2.65;  LEA 7.96;  FFLI  52.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $98.70
                    Wtd Avg Net Price       $100.96
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 15, 2014                 384,527
   September 16, 2014                 365,155
   September 17, 2014                 356,521
   September 18, 2014                 349,246
   September 19, 2014                 260,807
   September 20, 2014                  24,475
   September 21, 2014                  17,970
   September 22, 2014                 127,298
   September 23, 2014                 130,892
   September 24, 2014                 130,547
   September 25, 2014                 125,274
   September 26, 2014                 105,450
   September 27, 2014                       0
   September 28, 2014                  10,715
--------------------------------------------------------------------------------
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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