National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/15/2014

Past Market Reports

Report Date: 10/15/2014

LM_HG201
Des Moines, Iowa               Wed, Oct 15, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, October 14, 2014

Barrows and Gilts (Live and Carcass Basis): 401,183

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

HEAD COUNT                        9,118    40,039   170,477    53,757    273,391
CARCASS BASE PRICE               104.43     98.19    107.60    102.90     105.14
AVERAGE NET PRICE                109.12    100.84    109.42    103.73     106.99
LOWEST NET LOT                   101.26     78.69     92.20     69.45      80.81
HIGHEST NET LOT                  114.50    117.60    123.31    121.24     119.02
AVERAGE LIVE WT                  267.81    282.92    284.89    282.04     283.40
AVERAGE CARCASS WT               198.92    214.45    215.31    212.00     214.03
AVERAGE SORT LOSS                 -1.90     -1.85     -2.16     -1.36      -1.92
AVERAGE BACKFAT                    0.71      0.71      0.73      0.75       0.73
AVERAGE LOIN DEPTH (LD)            2.37      2.77      2.77      2.51       2.69
LOINEYE AREA (LD Converted)        7.11      8.34      8.33      7.55       8.09
AVERAGE LEAN PERCENT              53.99     55.57     55.57     54.65      55.28
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,249
CARCASS BASE PRICE               108.33
AVERAGE NET PRICE                110.71
AVERAGE OF LOWEST NET LOTS        97.67
AVERAGE OF HIGHEST NET LOTS      101.94
AVERAGE LIVE WT                  272.47
AVERAGE CARCASS WT               206.43
AVERAGE SORT LOSS                 -1.28
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.92
AVERAGE LEAN PERCENT              55.55
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      109,543
AVERAGE LIVE WT                  284.93
AVERAGE CARCASS WT               214.58
AVERAGE BACKFAT                    0.76
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              53.49
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.83 lbs carcass;  BF 0.73;  LD 2.65;  LEA 7.98;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $105.29
                    Wtd Avg Net Price       $107.23
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 15, 2014                   404,048
   October 16, 2014                   377,541
   October 17, 2014                   322,398
   October 18, 2014                    49,909
   October 19, 2014                    35,166
   October 20, 2014                   197,966
   October 21, 2014                   192,623
   October 22, 2014                   187,283
   October 23, 2014                   183,376
   October 24, 2014                   155,980
   October 25, 2014                     6,303
   October 26, 2014                    14,495
   October 27, 2014                   117,921
   October 28, 2014                   113,326
--------------------------------------------------------------------------------
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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