National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/20/2014

Past Market Reports

Report Date: 11/20/2014

LM_HG201
Des Moines, Iowa               Thu, Nov 20, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, November 19, 2014

Barrows and Gilts (Live and Carcass Basis): 392,441

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

HEAD COUNT                        7,413    37,164   166,259    55,525    266,361
CARCASS BASE PRICE                85.23     89.31     87.26     85.39      87.10
AVERAGE NET PRICE                 87.15     91.61     88.97     86.38      88.75
LOWEST NET LOT                    71.17     75.85     75.98     69.18      73.63
HIGHEST NET LOT                   92.18    112.19    106.78    105.19     107.01
AVERAGE LIVE WT                  269.67    286.14    283.98    283.20     283.77
AVERAGE CARCASS WT               203.28    217.76    215.03    212.94     214.66
AVERAGE SORT LOSS                 -2.25     -2.69     -2.03     -1.25      -1.94
AVERAGE BACKFAT                    0.76      0.76      0.74      0.76       0.75
AVERAGE LOIN DEPTH (LD)            2.23      2.77      2.73      2.51       2.67
LOINEYE AREA (LD Converted)        6.67      8.33      8.22      7.53       8.02
AVERAGE LEAN PERCENT              53.37     55.25     55.36     54.35      55.02
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,853
CARCASS BASE PRICE                87.59
AVERAGE NET PRICE                 91.65
AVERAGE OF LOWEST NET LOTS        83.55
AVERAGE OF HIGHEST NET LOTS       91.34
AVERAGE LIVE WT                  270.06
AVERAGE CARCASS WT               205.39
AVERAGE SORT LOSS                 -1.46
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.96
AVERAGE LEAN PERCENT              55.87
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      108,227
AVERAGE LIVE WT                  290.02
AVERAGE CARCASS WT               218.94
AVERAGE BACKFAT                    0.77
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.30
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.34 lbs carcass;  BF 0.75;  LD 2.63;  LEA 7.91;  FFLI  52.00%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $87.12
                    Wtd Avg Net Price        $88.93
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 20, 2014                  404,360
   November 21, 2014                  332,958
   November 22, 2014                   78,027
   November 23, 2014                   44,766
   November 24, 2014                  240,306
   November 25, 2014                  241,152
   November 26, 2014                  220,535
   November 27, 2014                   35,587
   November 28, 2014                  210,454
   November 29, 2014                  111,264
   November 30, 2014                   20,455
   December 01, 2014                  121,056
   December 02, 2014                  121,084
   December 03, 2014                  113,209
--------------------------------------------------------------------------------
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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