National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/3/2015

Past Market Reports

Report Date: 3/3/2015

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

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

Barrows and Gilts (Live and Carcass Basis): 407,360

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

HEAD COUNT                       11,497    39,058   165,020    54,995    270,570
CARCASS BASE PRICE                62.91     80.25     65.74     70.11      68.66
AVERAGE NET PRICE                 64.46     82.11     67.59     71.53      70.37
LOWEST NET LOT                    55.51     57.49     51.90     56.24      55.28
HIGHEST NET LOT                   69.70     97.69     80.32     89.31      88.22
AVERAGE LIVE WT                  267.40    283.28    280.40    278.35     279.78
AVERAGE CARCASS WT               199.31    213.98    212.38    209.39     211.47
AVERAGE SORT LOSS                 -1.56     -1.94     -1.81     -1.14      -1.66
AVERAGE BACKFAT                    0.66      0.73      0.69      0.69       0.70
AVERAGE LOIN DEPTH (LD)            2.34      2.69      2.65      2.51       2.61
LOINEYE AREA (LD Converted)        7.03      8.08      7.97      7.54       7.83
AVERAGE LEAN PERCENT              53.85     55.37     55.34     55.28      55.26
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,716
CARCASS BASE PRICE                64.81
AVERAGE NET PRICE                 68.91
AVERAGE OF LOWEST NET LOTS        61.92
AVERAGE OF HIGHEST NET LOTS       70.83
AVERAGE LIVE WT                  275.11
AVERAGE CARCASS WT               208.86
AVERAGE SORT LOSS                 -1.27
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.97
AVERAGE LEAN PERCENT              55.73
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      121,074
AVERAGE LIVE WT                  290.84
AVERAGE CARCASS WT               218.58
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.44
AVERAGE LEAN PERCENT              53.39
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.45 lbs carcass;  BF 0.70;  LD 2.56;  LEA 7.70;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $68.49
                    Wtd Avg Net Price        $70.28
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 03, 2015                     410,313
   March 04, 2015                     390,789
   March 05, 2015                     375,302
   March 06, 2015                     320,692
   March 07, 2015                      50,232
   March 08, 2015                      29,785
   March 09, 2015                     155,462
   March 10, 2015                     162,714
   March 11, 2015                     141,426
   March 12, 2015                     140,985
   March 13, 2015                     116,582
   March 14, 2015                         700
   March 15, 2015                      16,230
   March 16, 2015                      97,931
--------------------------------------------------------------------------------
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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