National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/11/2014

Past Market Reports

Report Date: 11/11/2014

LM_HG201
Des Moines, Iowa               Tue, Nov 11, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, November 10, 2014

Barrows and Gilts (Live and Carcass Basis): 357,581

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

HEAD COUNT                        8,741    29,864   147,573    50,623    236,801
CARCASS BASE PRICE                86.47     89.42     85.97     84.43      86.10
AVERAGE NET PRICE                 86.49     91.77     88.06     85.49      87.96
LOWEST NET LOT                    78.03     76.97     76.34     68.91      74.06
HIGHEST NET LOT                   90.45    104.46     98.14     93.46      97.90
AVERAGE LIVE WT                  291.94    287.88    283.27    283.59     284.26
AVERAGE CARCASS WT               213.41    218.16    215.03    212.92     214.94
AVERAGE SORT LOSS                 -2.52     -2.50     -2.11     -1.41      -2.00
AVERAGE BACKFAT                    0.74      0.75      0.70      0.73       0.72
AVERAGE LOIN DEPTH (LD)            2.45      2.79      2.75      2.54       2.69
LOINEYE AREA (LD Converted)        7.37      8.38      8.26      7.63       8.09
AVERAGE LEAN PERCENT              53.73     55.28     55.56     54.92      55.31
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,980
CARCASS BASE PRICE                87.20
AVERAGE NET PRICE                 91.40
AVERAGE OF LOWEST NET LOTS        79.61
AVERAGE OF HIGHEST NET LOTS       91.59
AVERAGE LIVE WT                  269.29
AVERAGE CARCASS WT               205.77
AVERAGE SORT LOSS                 -1.47
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.93
AVERAGE LEAN PERCENT              55.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      106,800
AVERAGE LIVE WT                  288.80
AVERAGE CARCASS WT               217.43
AVERAGE BACKFAT                    0.76
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.39
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.33 lbs carcass;  BF 0.72;  LD 2.65;  LEA 7.96;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $86.15
                    Wtd Avg Net Price        $88.15
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 11, 2014                  381,589
   November 12, 2014                  378,689
   November 13, 2014                  374,405
   November 14, 2014                  340,692
   November 15, 2014                   71,621
   November 16, 2014                   28,755
   November 17, 2014                  159,033
   November 18, 2014                  162,076
   November 19, 2014                  158,337
   November 20, 2014                  147,836
   November 21, 2014                  117,693
   November 22, 2014                    2,220
   November 23, 2014                   13,824
   November 24, 2014                   81,355
--------------------------------------------------------------------------------
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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