National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/24/2014

Past Market Reports

Report Date: 12/24/2014

LM_HG201
Des Moines, Iowa               Wed, Dec 24, 2014                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, December 23, 2014

Barrows and Gilts (Live and Carcass Basis): 303,411

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

HEAD COUNT                        6,767    41,372   126,661    53,023    227,823
CARCASS BASE PRICE                76.19     84.62     77.97     79.81      79.66
AVERAGE NET PRICE                 79.72     87.30     80.22     81.34      81.78
LOWEST NET LOT                    68.38     73.28     60.43     72.00      70.50
HIGHEST NET LOT                   86.78    102.04    101.31    106.76     101.77
AVERAGE LIVE WT                  258.89    288.02    282.26    282.37     282.74
AVERAGE CARCASS WT               195.15    218.07    213.46    212.04     213.44
AVERAGE SORT LOSS                 -1.59     -2.43     -2.09     -1.21      -1.91
AVERAGE BACKFAT                    0.71      0.72      0.72      0.72       0.72
AVERAGE LOIN DEPTH (LD)            2.26      2.78      2.69      2.54       2.66
LOINEYE AREA (LD Converted)        6.77      8.37      8.08      7.64       7.99
AVERAGE LEAN PERCENT              53.93     55.56     55.30     54.95      55.22
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,809
CARCASS BASE PRICE                78.25
AVERAGE NET PRICE                 81.38
AVERAGE OF LOWEST NET LOTS        73.47
AVERAGE OF HIGHEST NET LOTS       82.16
AVERAGE LIVE WT                  267.78
AVERAGE CARCASS WT               206.03
AVERAGE SORT LOSS                 -1.81
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.11
AVERAGE LEAN PERCENT              56.14
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       57,779
AVERAGE LIVE WT                  281.92
AVERAGE CARCASS WT               215.05
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.63
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.29 lbs carcass;  BF 0.72;  LD 2.63;  LEA 7.89;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $79.58
                    Wtd Avg Net Price        $81.75
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 24, 2014                  169,540
   December 25, 2014                    8,790
   December 26, 2014                  265,370
   December 27, 2014                  145,810
   December 28, 2014                   32,770
   December 29, 2014                  217,018
   December 30, 2014                  211,730
   December 31, 2014                  174,706
   January 01, 2015                    39,070
   January 02, 2015                   180,150
   January 03, 2015                    81,097
   January 04, 2015                    10,385
   January 05, 2015                   103,652
   January 06, 2015                    95,169
--------------------------------------------------------------------------------
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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