National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/25/2015

Past Market Reports

Report Date: 2/25/2015

LM_HG201
Des Moines, Iowa               Wed, Feb 25, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, February 24, 2015

Barrows and Gilts (Live and Carcass Basis): 379,783

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

HEAD COUNT                       11,065    36,099   167,374    51,559    266,097
CARCASS BASE PRICE                57.86     76.53     60.67     68.72      64.44
AVERAGE NET PRICE                 60.05     79.28     62.82     70.14      66.42
LOWEST NET LOT                    49.67     59.41     47.58     48.36      53.28
HIGHEST NET LOT                   66.42     96.99     94.19    103.50      89.79
AVERAGE LIVE WT                  266.86    286.05    283.92    276.24     281.86
AVERAGE CARCASS WT               201.08    216.62    215.19    207.89     213.39
AVERAGE SORT LOSS                 -1.35     -2.36     -2.10     -1.23      -1.91
AVERAGE BACKFAT                    0.68      0.71      0.70      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.43      2.78      2.71      2.50       2.66
LOINEYE AREA (LD Converted)        7.31      8.37      8.15      7.52       8.00
AVERAGE LEAN PERCENT              54.24     55.75     55.51     55.07      55.39
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,871
CARCASS BASE PRICE                60.54
AVERAGE NET PRICE                 65.09
AVERAGE OF LOWEST NET LOTS        63.40
AVERAGE OF HIGHEST NET LOTS       69.82
AVERAGE LIVE WT                  275.77
AVERAGE CARCASS WT               207.83
AVERAGE SORT LOSS                 -1.37
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.12
AVERAGE LEAN PERCENT              56.56
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       97,815
AVERAGE LIVE WT                  287.58
AVERAGE CARCASS WT               217.31
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.47
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.16 lbs carcass;  BF 0.70;  LD 2.61;  LEA 7.86;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.27
                    Wtd Avg Net Price        $66.34
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 25, 2015                  393,831
   February 26, 2015                  383,835
   February 27, 2015                  344,018
   February 28, 2015                   75,950
   March 01, 2015                      40,940
   March 02, 2015                     198,402
   March 03, 2015                     200,713
   March 04, 2015                     196,046
   March 05, 2015                     184,620
   March 06, 2015                     152,111
   March 07, 2015                      18,162
   March 08, 2015                      16,620
   March 09, 2015                     116,698
   March 10, 2015                     112,924
--------------------------------------------------------------------------------
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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