National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/16/2014

Past Market Reports

Report Date: 9/16/2014

LM_HG201
Des Moines, Iowa               Tue, Sep 16, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, September 15, 2014

Barrows and Gilts (Live and Carcass Basis): 360,853

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

HEAD COUNT                        9,749    29,636   150,055    47,826    237,266
CARCASS BASE PRICE               100.40     97.64    101.77     96.56     100.07
AVERAGE NET PRICE                101.95    100.08    103.83     97.63     101.99
LOWEST NET LOT                    90.41     71.93     74.85     71.09      77.66
HIGHEST NET LOT                  108.78    115.40    111.74    111.34     112.19
AVERAGE LIVE WT                  276.06    281.97    279.80    279.66     279.88
AVERAGE CARCASS WT               204.15    213.82    212.26    210.79     211.87
AVERAGE SORT LOSS                 -2.64     -1.92     -1.78     -1.15      -1.67
AVERAGE BACKFAT                    0.70      0.74      0.71      0.74       0.72
AVERAGE LOIN DEPTH (LD)            2.45      2.72      2.74      2.51       2.67
LOINEYE AREA (LD Converted)        7.34      8.18      8.24      7.54       8.02
AVERAGE LEAN PERCENT              54.30     55.27     55.56     54.81      55.28
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,219
CARCASS BASE PRICE               103.14
AVERAGE NET PRICE                106.01
AVERAGE OF LOWEST NET LOTS        98.48
AVERAGE OF HIGHEST NET LOTS      105.60
AVERAGE LIVE WT                  278.08
AVERAGE CARCASS WT               210.86
AVERAGE SORT LOSS                 -1.99
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.93
AVERAGE LEAN PERCENT              55.72
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      105,368
AVERAGE LIVE WT                  277.85
AVERAGE CARCASS WT               211.66
AVERAGE BACKFAT                    0.77
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              53.46
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.75 lbs carcass;  BF 0.73;  LD 2.63;  LEA 7.91;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $100.23
                    Wtd Avg Net Price       $102.28
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 16, 2014                 392,471
   September 17, 2014                 364,501
   September 18, 2014                 356,298
   September 19, 2014                 279,835
   September 20, 2014                  23,030
   September 21, 2014                  23,240
   September 22, 2014                 136,822
   September 23, 2014                 149,030
   September 24, 2014                 138,558
   September 25, 2014                 132,850
   September 26, 2014                 114,925
   September 27, 2014                       0
   September 28, 2014                  11,210
   September 29, 2014                 103,860
--------------------------------------------------------------------------------
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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