National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/24/2014

Past Market Reports

Report Date: 11/24/2014

LM_HG201
Des Moines, Iowa               Mon, Nov 24, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, November 21, 2014 and Saturday, November 22, 2014

Barrows and Gilts (Live and Carcass Basis): 501,683

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

HEAD COUNT                        9,292    52,666   200,350    65,398    327,706
CARCASS BASE PRICE                85.45     87.41     86.67     84.06      86.23
AVERAGE NET PRICE                 87.46     90.01     88.81     85.03      88.21
LOWEST NET LOT                    79.25     56.73     68.53     67.98      65.11
HIGHEST NET LOT                   98.18    105.13    105.35    106.54     105.58
AVERAGE LIVE WT                  272.12    287.54    285.79    284.68     285.42
AVERAGE CARCASS WT               205.26    217.60    216.39    214.07     215.83
AVERAGE SORT LOSS                 -2.00     -2.48     -2.29     -1.39      -2.11
AVERAGE BACKFAT                    0.71      0.74      0.73      0.75       0.74
AVERAGE LOIN DEPTH (LD)            2.41      2.80      2.76      2.51       2.70
LOINEYE AREA (LD Converted)        7.25      8.43      8.31      7.55       8.12
AVERAGE LEAN PERCENT              54.66     55.49     55.42     54.71      55.24
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       21,137
CARCASS BASE PRICE                87.47
AVERAGE NET PRICE                 90.55
AVERAGE OF LOWEST NET LOTS        87.84
AVERAGE OF HIGHEST NET LOTS       95.14
AVERAGE LIVE WT                  276.61
AVERAGE CARCASS WT               211.48
AVERAGE SORT LOSS                 -1.61
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.15
AVERAGE LEAN PERCENT              56.31
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      152,840
AVERAGE LIVE WT                  294.89
AVERAGE CARCASS WT               219.03
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              53.49
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.63 lbs carcass;  BF 0.74;  LD 2.66;  LEA 7.99;  FFLI  52.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $86.29
                    Wtd Avg Net Price        $88.36
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 24, 2014                  415,532
   November 25, 2014                  391,397
   November 26, 2014                  356,868
   November 27, 2014                   23,654
   November 28, 2014                  359,197
   November 29, 2014                  230,855
   November 30, 2014                   23,371
   December 01, 2014                  133,886
   December 02, 2014                  133,708
   December 03, 2014                  132,263
   December 04, 2014                  129,183
   December 05, 2014                  107,634
   December 06, 2014                    5,110
   December 07, 2014                   16,522
--------------------------------------------------------------------------------
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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