National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/18/2014

Past Market Reports

Report Date: 12/18/2014

LM_HG201
Des Moines, Iowa               Thu, Dec 18, 2014                USDA Market News

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

Barrows and Gilts (Live and Carcass Basis): 395,458

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

HEAD COUNT                        6,471    44,123   162,644    50,863    264,101
CARCASS BASE PRICE                80.94     86.38     82.99     82.60      83.46
AVERAGE NET PRICE                 83.38     88.82     84.67     83.69      85.17
LOWEST NET LOT                    66.88     73.36     70.77     70.48      70.62
HIGHEST NET LOT                   89.33    109.40     99.21    106.49     103.98
AVERAGE LIVE WT                  256.50    288.22    283.73    281.18     283.41
AVERAGE CARCASS WT               194.51    219.01    215.26    210.83     214.53
AVERAGE SORT LOSS                 -1.71     -2.69     -2.09     -1.47      -2.05
AVERAGE BACKFAT                    0.72      0.71      0.73      0.73       0.73
AVERAGE LOIN DEPTH (LD)            2.20      2.78      2.73      2.53       2.68
LOINEYE AREA (LD Converted)        6.59      8.38      8.20      7.61       8.05
AVERAGE LEAN PERCENT              53.86     55.64     55.40     54.81      55.27
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,914
CARCASS BASE PRICE                83.51
AVERAGE NET PRICE                 86.20
AVERAGE OF LOWEST NET LOTS        80.06
AVERAGE OF HIGHEST NET LOTS       87.12
AVERAGE LIVE WT                  273.47
AVERAGE CARCASS WT               208.30
AVERAGE SORT LOSS                 -1.74
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.02
AVERAGE LEAN PERCENT              55.79
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,443
AVERAGE LIVE WT                  289.53
AVERAGE CARCASS WT               219.24
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.42
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.61 lbs carcass;  BF 0.73;  LD 2.64;  LEA 7.93;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $83.46
                    Wtd Avg Net Price        $85.23
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 18, 2014                  406,640
   December 19, 2014                  347,728
   December 20, 2014                  106,517
   December 21, 2014                   48,167
   December 22, 2014                  256,732
   December 23, 2014                  243,295
   December 24, 2014                  113,293
   December 25, 2014                    8,600
   December 26, 2014                  233,409
   December 27, 2014                  113,622
   December 28, 2014                   23,505
   December 29, 2014                  116,658
   December 30, 2014                  121,902
   December 31, 2014                   90,944
--------------------------------------------------------------------------------
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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