National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/3/2015

Past Market Reports

Report Date: 2/3/2015

LM_HG201
Des Moines, Iowa               Tue, Feb 03, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 2, 2015

Barrows and Gilts (Live and Carcass Basis): 357,531

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

HEAD COUNT                        7,496    32,713   155,657    38,848    234,714
CARCASS BASE PRICE                67.81     81.36     68.11     72.95      70.94
AVERAGE NET PRICE                 68.41     82.50     69.63     74.15      72.25
LOWEST NET LOT                    54.51     62.26     57.08     62.66      58.89
HIGHEST NET LOT                   76.31     99.54     79.16     90.59      86.54
AVERAGE LIVE WT                  283.40    284.09    283.78    279.47     283.06
AVERAGE CARCASS WT               213.81    215.15    215.50    210.53     214.54
AVERAGE SORT LOSS                 -1.89     -2.32     -2.14     -1.29      -2.00
AVERAGE BACKFAT                    0.72      0.74      0.72      0.72       0.72
AVERAGE LOIN DEPTH (LD)            2.47      2.72      2.72      2.51       2.67
LOINEYE AREA (LD Converted)        7.43      8.19      8.17      7.55       8.02
AVERAGE LEAN PERCENT              54.01     55.35     55.33     55.03      55.23
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,998
CARCASS BASE PRICE                68.83
AVERAGE NET PRICE                 70.98
AVERAGE OF LOWEST NET LOTS        61.50
AVERAGE OF HIGHEST NET LOTS       70.89
AVERAGE LIVE WT                  279.59
AVERAGE CARCASS WT               212.15
AVERAGE SORT LOSS                 -1.78
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.08
AVERAGE LEAN PERCENT              56.10
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      106,819
AVERAGE LIVE WT                  289.19
AVERAGE CARCASS WT               217.83
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.87
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.42 lbs carcass;  BF 0.71;  LD 2.63;  LEA 7.90;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $70.84
                    Wtd Avg Net Price        $72.17
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 03, 2015                  409,935
   February 04, 2015                  386,872
   February 05, 2015                  377,805
   February 06, 2015                  330,276
   February 07, 2015                   77,727
   February 08, 2015                   35,134
   February 09, 2015                  157,810
   February 10, 2015                  169,523
   February 11, 2015                  150,171
   February 12, 2015                  136,183
   February 13, 2015                  118,945
   February 14, 2015                    3,690
   February 15, 2015                   21,674
   February 16, 2015                  119,078
--------------------------------------------------------------------------------
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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