National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/11/2015

Past Market Reports

Report Date: 2/11/2015

LM_HG201
Des Moines, Iowa               Wed, Feb 11, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, February 10, 2015

Barrows and Gilts (Live and Carcass Basis): 403,488

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

HEAD COUNT                        9,569    34,792   174,707    50,159    269,227
CARCASS BASE PRICE                61.05     74.20     62.58     70.06      65.62
AVERAGE NET PRICE                 63.06     76.51     64.40     71.52      67.31
LOWEST NET LOT                    51.70     55.13     46.78     56.78      52.37
HIGHEST NET LOT                   66.73     99.93     76.64    103.57      87.99
AVERAGE LIVE WT                  270.95    282.41    284.84    276.99     282.48
AVERAGE CARCASS WT               201.11    214.14    216.03    209.06     213.98
AVERAGE SORT LOSS                 -1.71     -2.06     -2.17     -1.21      -1.93
AVERAGE BACKFAT                    0.69      0.73      0.71      0.71       0.71
AVERAGE LOIN DEPTH (LD)            2.36      2.72      2.73      2.50       2.66
LOINEYE AREA (LD Converted)        7.08      8.17      8.22      7.52       8.00
AVERAGE LEAN PERCENT              54.38     55.40     55.58     55.19      55.42
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,375
CARCASS BASE PRICE                63.48
AVERAGE NET PRICE                 66.03
AVERAGE OF LOWEST NET LOTS        58.40
AVERAGE OF HIGHEST NET LOTS       59.97
AVERAGE LIVE WT                  277.14
AVERAGE CARCASS WT               209.66
AVERAGE SORT LOSS                 -1.71
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.09
AVERAGE LEAN PERCENT              56.49
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      117,886
AVERAGE LIVE WT                  292.15
AVERAGE CARCASS WT               219.16
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.45
AVERAGE LEAN PERCENT              53.38
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.32 lbs carcass;  BF 0.71;  LD 2.61;  LEA 7.86;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.52
                    Wtd Avg Net Price        $67.24
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 11, 2015                  408,837
   February 12, 2015                  380,429
   February 13, 2015                  332,014
   February 14, 2015                   53,445
   February 15, 2015                   41,585
   February 16, 2015                  187,249
   February 17, 2015                  194,802
   February 18, 2015                  192,371
   February 19, 2015                  164,675
   February 20, 2015                  139,201
   February 21, 2015                    8,160
   February 22, 2015                   17,476
   February 23, 2015                  119,235
   February 24, 2015                  112,986
--------------------------------------------------------------------------------
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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