National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/4/2015

Past Market Reports

Report Date: 3/4/2015

LM_HG201
Des Moines, Iowa               Wed, Mar 04, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, March 3, 2015

Barrows and Gilts (Live and Carcass Basis): 410,408

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

HEAD COUNT                        8,699    48,587   167,606    50,986    275,878
CARCASS BASE PRICE                64.49     78.79     66.04     70.51      69.22
AVERAGE NET PRICE                 66.65     81.42     68.13     72.51      71.27
LOWEST NET LOT                    59.59     62.28     54.97     57.46      58.86
HIGHEST NET LOT                   70.33     96.63     82.87    103.62      92.63
AVERAGE LIVE WT                  268.77    283.46    281.90    276.12     280.64
AVERAGE CARCASS WT               200.19    215.40    213.54    207.40     212.31
AVERAGE SORT LOSS                 -1.55     -2.19     -1.99     -0.94      -1.79
AVERAGE BACKFAT                    0.67      0.70      0.70      0.70       0.70
AVERAGE LOIN DEPTH (LD)            2.35      2.77      2.71      2.50       2.66
LOINEYE AREA (LD Converted)        7.05      8.32      8.15      7.51       8.00
AVERAGE LEAN PERCENT              53.80     55.78     55.60     55.32      55.52
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,416
CARCASS BASE PRICE                65.11
AVERAGE NET PRICE                 68.72
AVERAGE OF LOWEST NET LOTS        62.79
AVERAGE OF HIGHEST NET LOTS       71.88
AVERAGE LIVE WT                  275.60
AVERAGE CARCASS WT               209.36
AVERAGE SORT LOSS                 -1.70
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.00
AVERAGE LEAN PERCENT              56.43
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      119,114
AVERAGE LIVE WT                  288.94
AVERAGE CARCASS WT               217.63
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.43
AVERAGE LEAN PERCENT              53.35
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.74 lbs carcass;  BF 0.70;  LD 2.61;  LEA 7.84;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $69.05
                    Wtd Avg Net Price        $71.13
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 04, 2015                     415,239
   March 05, 2015                     375,085
   March 06, 2015                     323,274
   March 07, 2015                      51,297
   March 08, 2015                      38,890
   March 09, 2015                     199,225
   March 10, 2015                     203,061
   March 11, 2015                     185,753
   March 12, 2015                     181,097
   March 13, 2015                     152,778
   March 14, 2015                       5,775
   March 15, 2015                      16,965
   March 16, 2015                     106,179
   March 17, 2015                     112,546
--------------------------------------------------------------------------------
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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