National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/2/2015

Past Market Reports

Report Date: 3/2/2015

LM_HG201
Des Moines, Iowa               Mon, Mar 02, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, February 27, 2015 and Saturday, February 28, 2015

Barrows and Gilts (Live and Carcass Basis): 557,372

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

HEAD COUNT                       19,172    38,654   228,311    59,081    345,218
CARCASS BASE PRICE                61.03     77.96     64.59     70.10      66.91
AVERAGE NET PRICE                 62.11     81.39     66.48     71.47      68.73
LOWEST NET LOT                    50.09     57.33     49.54     54.35      54.31
HIGHEST NET LOT                   70.16     97.69     78.13     86.97      86.70
AVERAGE LIVE WT                  277.01    281.71    284.43    278.95     282.68
AVERAGE CARCASS WT               208.40    214.91    216.23    210.19     214.63
AVERAGE SORT LOSS                 -1.92     -2.09     -2.03     -1.06      -1.84
AVERAGE BACKFAT                    0.65      0.68      0.70      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.44      2.79      2.72      2.50       2.67
LOINEYE AREA (LD Converted)        7.32      8.38      8.18      7.51       8.02
AVERAGE LEAN PERCENT              54.66     55.94     55.44     55.05      55.39
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,937
CARCASS BASE PRICE                64.85
AVERAGE NET PRICE                 67.46
AVERAGE OF LOWEST NET LOTS        61.25
AVERAGE OF HIGHEST NET LOTS       67.47
AVERAGE LIVE WT                  271.30
AVERAGE CARCASS WT               207.89
AVERAGE SORT LOSS                 -1.95
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.85
AVERAGE LEAN PERCENT              56.38
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      195,217
AVERAGE LIVE WT                  293.15
AVERAGE CARCASS WT               220.98
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.31
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.64 lbs carcass;  BF 0.70;  LD 2.61;  LEA 7.84;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $66.82
                    Wtd Avg Net Price        $68.67
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 02, 2015                     412,138
   March 03, 2015                     386,190
   March 04, 2015                     386,846
   March 05, 2015                     376,614
   March 06, 2015                     319,475
   March 07, 2015                      47,610
   March 08, 2015                      23,830
   March 09, 2015                     136,457
   March 10, 2015                     138,200
   March 11, 2015                     133,237
   March 12, 2015                     132,885
   March 13, 2015                     111,272
   March 14, 2015                         700
   March 15, 2015                      16,230
--------------------------------------------------------------------------------
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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