National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/29/2014

Past Market Reports

Report Date: 10/29/2014

LM_HG201
Des Moines, Iowa               Wed, Oct 29, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, October 28, 2014

Barrows and Gilts (Live and Carcass Basis): 403,026

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

HEAD COUNT                        7,142    33,793   178,982    56,277    276,194
CARCASS BASE PRICE                90.43     90.61     92.21     91.94      91.92
AVERAGE NET PRICE                 92.58     93.41     93.95     92.99      93.65
LOWEST NET LOT                    80.75     79.31     77.08     68.14      75.24
HIGHEST NET LOT                  107.65    111.77    109.39    104.19     108.00
AVERAGE LIVE WT                  270.92    284.98    284.54    279.21     283.06
AVERAGE CARCASS WT               200.30    215.28    215.28    210.54     213.98
AVERAGE SORT LOSS                 -2.65     -2.09     -2.17     -1.33      -1.96
AVERAGE BACKFAT                    0.70      0.71      0.73      0.74       0.73
AVERAGE LOIN DEPTH (LD)            1.86      2.80      2.73      2.50       2.66
LOINEYE AREA (LD Converted)        5.57      8.43      8.22      7.52       7.99
AVERAGE LEAN PERCENT              53.74     55.78     55.41     54.77      55.25
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,407
CARCASS BASE PRICE                92.96
AVERAGE NET PRICE                 95.52
AVERAGE OF LOWEST NET LOTS        88.49
AVERAGE OF HIGHEST NET LOTS       94.08
AVERAGE LIVE WT                  272.51
AVERAGE CARCASS WT               207.88
AVERAGE SORT LOSS                 -1.41
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.07
AVERAGE LEAN PERCENT              55.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      108,425
AVERAGE LIVE WT                  286.74
AVERAGE CARCASS WT               216.05
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.47
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.26 lbs carcass;  BF 0.73;  LD 2.63;  LEA 7.90;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $91.97
                    Wtd Avg Net Price        $93.77
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 29, 2014                   404,767
   October 30, 2014                   379,379
   October 31, 2014                   325,282
   November 01, 2014                   52,882
   November 02, 2014                   34,400
   November 03, 2014                  203,485
   November 04, 2014                  205,144
   November 05, 2014                  197,774
   November 06, 2014                  196,784
   November 07, 2014                  164,471
   November 08, 2014                    7,575
   November 09, 2014                   10,780
   November 10, 2014                   95,184
   November 11, 2014                   70,858
--------------------------------------------------------------------------------
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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