National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/17/2014

Past Market Reports

Report Date: 10/17/2014

LM_HG201    *** CORRECTION TO 14 DAY SWINE SCHEDULED FOR DELIVERY***
Des Moines, Iowa               Fri, Oct 17, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, October 16, 2014

Barrows and Gilts (Live and Carcass Basis): 400,207

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

HEAD COUNT                       12,804    32,682   168,868    54,681    269,035
CARCASS BASE PRICE               103.56     94.79    105.85    100.79     103.23
AVERAGE NET PRICE                107.12     97.42    107.71    101.65     105.12
LOWEST NET LOT                    94.13     75.56     91.93     69.42      82.95
HIGHEST NET LOT                  114.22    122.60    122.90    114.40     117.47
AVERAGE LIVE WT                  277.71    281.23    284.87    285.07     284.08
AVERAGE CARCASS WT               206.80    213.27    215.41    213.88     214.45
AVERAGE SORT LOSS                 -2.95     -1.80     -2.17     -1.28      -1.93
AVERAGE BACKFAT                    0.75      0.72      0.74      0.76       0.74
AVERAGE LOIN DEPTH (LD)            2.45      2.75      2.77      2.52       2.68
LOINEYE AREA (LD Converted)        7.37      8.28      8.34      7.58       8.08
AVERAGE LEAN PERCENT              54.31     55.54     55.51     54.44      55.17
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,000
CARCASS BASE PRICE               104.57
AVERAGE NET PRICE                106.77
AVERAGE OF LOWEST NET LOTS        94.79
AVERAGE OF HIGHEST NET LOTS      108.37
AVERAGE LIVE WT                  270.80
AVERAGE CARCASS WT               207.31
AVERAGE SORT LOSS                 -1.42
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.86
AVERAGE LEAN PERCENT              55.40
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,172
AVERAGE LIVE WT                  287.61
AVERAGE CARCASS WT               217.18
AVERAGE BACKFAT                    0.77
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.26
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.88 lbs carcass;  BF 0.75;  LD 2.64;  LEA 7.94;  FFLI  52.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base            $103.30
                    Wtd Avg Net Price       $105.23
--------------------------------------------------------------------------------
***SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER***

(Dates based on reporting days)     Head Count
   October 17, 2014                   350,649
   October 18, 2014                    50,044
   October 19, 2014                    50,481
   October 20, 2014                   366,607
   October 21, 2014                   372,489
   October 22, 2014                   349,088
   October 23, 2014                   342,610
   October 24, 2014                   265,699
   October 25, 2014                    18,305
   October 26, 2014                    22,475
   October 27, 2014                   137,345
   October 28, 2014                   136,212
   October 29, 2014                   131,689
   October 30, 2014                   126,244
--------------------------------------------------------------------------------
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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