National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/16/2015

Past Market Reports

Report Date: 3/16/2015

LM_HG201
Des Moines, Iowa               Mon, Mar 16, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, March 13, 2015 and Saturday, March 14, 2015

Barrows and Gilts (Live and Carcass Basis): 459,653

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

HEAD COUNT                       13,933    28,176   225,268    55,612    322,989
CARCASS BASE PRICE                63.63     72.72     62.77     69.46      64.90
AVERAGE NET PRICE                 64.56     75.73     64.93     71.00      66.91
LOWEST NET LOT                    52.73     51.31     51.65     61.14      54.97
HIGHEST NET LOT                   68.98     98.89     75.38     86.87      83.03
AVERAGE LIVE WT                  274.72    283.79    285.34    281.15     284.00
AVERAGE CARCASS WT               206.85    215.26    216.43    211.20     215.03
AVERAGE SORT LOSS                 -2.08     -2.25     -2.14     -1.11      -1.94
AVERAGE BACKFAT                    0.65      0.69      0.69      0.69       0.69
AVERAGE LOIN DEPTH (LD)            2.39      2.78      2.74      2.54       2.69
LOINEYE AREA (LD Converted)        7.18      8.36      8.25      7.62       8.10
AVERAGE LEAN PERCENT              54.69     55.84     55.77     55.46      55.68
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,907
CARCASS BASE PRICE                63.27
AVERAGE NET PRICE                 65.67
AVERAGE OF LOWEST NET LOTS        61.35
AVERAGE OF HIGHEST NET LOTS       66.62
AVERAGE LIVE WT                  269.01
AVERAGE CARCASS WT               206.20
AVERAGE SORT LOSS                 -1.52
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.92
AVERAGE LEAN PERCENT              56.34
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      123,757
AVERAGE LIVE WT                  289.67
AVERAGE CARCASS WT               218.20
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.44
AVERAGE LEAN PERCENT              53.34
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.64 lbs carcass;  BF 0.69;  LD 2.64;  LEA 7.94;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.84
                    Wtd Avg Net Price        $66.87
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 16, 2015                     394,805
   March 17, 2015                     382,330
   March 18, 2015                     382,859
   March 19, 2015                     376,393
   March 20, 2015                     322,109
   March 21, 2015                      75,845
   March 22, 2015                      37,500
   March 23, 2015                     163,197
   March 24, 2015                     165,979
   March 25, 2015                     161,882
   March 26, 2015                     153,312
   March 27, 2015                     128,650
   March 28, 2015                       4,080
   March 29, 2015                      20,990
--------------------------------------------------------------------------------
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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