National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/18/2014

Past Market Reports

Report Date: 11/18/2014

LM_HG201
Des Moines, Iowa               Tue, Nov 18, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, November 17, 2014

Barrows and Gilts (Live and Carcass Basis): 390,640

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

HEAD COUNT                       10,010    30,357   168,655    50,906    259,928
CARCASS BASE PRICE                85.83     89.24     86.74     85.31      86.72
AVERAGE NET PRICE                 87.85     90.55     88.55     85.96      88.25
LOWEST NET LOT                    77.26     67.53     75.97     68.53      69.00
HIGHEST NET LOT                   94.13    112.28     95.59    102.72      98.51
AVERAGE LIVE WT                  270.83    285.47    282.84    281.47     282.35
AVERAGE CARCASS WT               203.25    215.64    214.18    211.71     213.47
AVERAGE SORT LOSS                 -1.61     -2.16     -2.17     -1.51      -2.00
AVERAGE BACKFAT                    0.74      0.77      0.72      0.75       0.74
AVERAGE LOIN DEPTH (LD)            2.37      2.74      2.76      2.54       2.69
LOINEYE AREA (LD Converted)        7.12      8.25      8.31      7.62       8.08
AVERAGE LEAN PERCENT              53.69     54.92     55.50     54.57      55.11
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,809
CARCASS BASE PRICE                87.90
AVERAGE NET PRICE                 91.81
AVERAGE OF LOWEST NET LOTS        85.97
AVERAGE OF HIGHEST NET LOTS       95.47
AVERAGE LIVE WT                  274.18
AVERAGE CARCASS WT               206.81
AVERAGE SORT LOSS                 -1.42
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.89
AVERAGE LEAN PERCENT              55.66
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      110,903
AVERAGE LIVE WT                  289.93
AVERAGE CARCASS WT               217.04
AVERAGE BACKFAT                    0.79
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.01
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.16 lbs carcass;  BF 0.74;  LD 2.64;  LEA 7.93;  FFLI  52.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $86.78
                    Wtd Avg Net Price        $88.50
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 18, 2014                  408,770
   November 19, 2014                  380,329
   November 20, 2014                  373,746
   November 21, 2014                  325,319
   November 22, 2014                   71,783
   November 23, 2014                   30,124
   November 24, 2014                  161,450
   November 25, 2014                  164,391
   November 26, 2014                  155,641
   November 27, 2014                   38,310
   November 28, 2014                  148,305
   November 29, 2014                   56,829
   November 30, 2014                    9,540
   December 01, 2014                   80,369
--------------------------------------------------------------------------------
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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