National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/24/2014

Past Market Reports

Report Date: 10/24/2014

LM_HG201
Des Moines, Iowa               Fri, Oct 24, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, October 23, 2014

Barrows and Gilts (Live and Carcass Basis): 391,752

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

HEAD COUNT                       12,762    35,934   165,110    50,841    264,647
CARCASS BASE PRICE                97.82     93.27     97.72     95.97      96.73
AVERAGE NET PRICE                100.84     96.27     99.28     96.84      98.44
LOWEST NET LOT                    79.42     73.16     82.34     68.39      75.80
HIGHEST NET LOT                  114.52    117.88    112.13    107.68     114.17
AVERAGE LIVE WT                  279.74    286.94    285.80    283.61     285.23
AVERAGE CARCASS WT               207.26    217.45    215.43    213.75     215.03
AVERAGE SORT LOSS                 -3.06     -2.29     -2.20     -1.47      -2.08
AVERAGE BACKFAT                    0.74      0.70      0.74      0.75       0.74
AVERAGE LOIN DEPTH (LD)            2.45      2.80      2.73      2.53       2.68
LOINEYE AREA (LD Converted)        7.35      8.44      8.21      7.60       8.05
AVERAGE LEAN PERCENT              54.40     55.88     55.27     54.56      55.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,937
CARCASS BASE PRICE                98.44
AVERAGE NET PRICE                100.71
AVERAGE OF LOWEST NET LOTS        92.62
AVERAGE OF HIGHEST NET LOTS      104.59
AVERAGE LIVE WT                  271.05
AVERAGE CARCASS WT               205.95
AVERAGE SORT LOSS                 -1.35
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.04
AVERAGE LEAN PERCENT              55.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      108,168
AVERAGE LIVE WT                  289.37
AVERAGE CARCASS WT               217.19
AVERAGE BACKFAT                    0.76
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.24
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.18 lbs carcass;  BF 0.74;  LD 2.64;  LEA 7.92;  FFLI  52.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $96.83
                    Wtd Avg Net Price        $98.60
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 24, 2014                   329,034
   October 25, 2014                    29,041
   October 26, 2014                    47,659
   October 27, 2014                   359,907
   October 28, 2014                   354,937
   October 29, 2014                   347,098
   October 30, 2014                   343,798
   October 31, 2014                   299,468
   November 01, 2014                   48,563
   November 02, 2014                   16,725
   November 03, 2014                  138,871
   November 04, 2014                  132,307
   November 05, 2014                  127,023
   November 06, 2014                  122,023
--------------------------------------------------------------------------------
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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