National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/17/2015

Past Market Reports

Report Date: 3/17/2015

LM_HG201
Des Moines, Iowa               Tue, Mar 17, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, March 16, 2015

Barrows and Gilts (Live and Carcass Basis): 377,257

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

HEAD COUNT                       11,210    31,101   155,431    54,446    252,188
CARCASS BASE PRICE                62.55     80.33     62.58     69.59      66.47
AVERAGE NET PRICE                 63.65     81.58     64.34     71.04      68.00
LOWEST NET LOT                    53.55     55.80     53.93     54.75      54.84
HIGHEST NET LOT                   66.79    100.41     76.92     90.50      80.75
AVERAGE LIVE WT                  272.48    283.39    281.77    277.14     280.45
AVERAGE CARCASS WT               203.70    213.34    213.57    208.85     212.06
AVERAGE SORT LOSS                 -2.01     -1.89     -1.93     -1.10      -1.71
AVERAGE BACKFAT                    0.67      0.73      0.71      0.70       0.71
AVERAGE LOIN DEPTH (LD)            2.36      2.70      2.67      2.50       2.61
LOINEYE AREA (LD Converted)        7.08      8.13      8.03      7.52       7.86
AVERAGE LEAN PERCENT              54.59     55.31     55.36     55.32      55.32
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,047
CARCASS BASE PRICE                62.87
AVERAGE NET PRICE                 64.72
AVERAGE OF LOWEST NET LOTS        59.71
AVERAGE OF HIGHEST NET LOTS       65.65
AVERAGE LIVE WT                  273.81
AVERAGE CARCASS WT               206.95
AVERAGE SORT LOSS                 -1.20
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.91
AVERAGE LEAN PERCENT              56.17
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      109,022
AVERAGE LIVE WT                  289.78
AVERAGE CARCASS WT               219.19
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.42
AVERAGE LEAN PERCENT              53.26
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.88 lbs carcass;  BF 0.70;  LD 2.57;  LEA 7.72;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $66.30
                    Wtd Avg Net Price        $67.79
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 17, 2015                     411,482
   March 18, 2015                     389,526
   March 19, 2015                     381,904
   March 20, 2015                     328,273
   March 21, 2015                      80,402
   March 22, 2015                      40,880
   March 23, 2015                     192,890
   March 24, 2015                     180,009
   March 25, 2015                     176,771
   March 26, 2015                     167,905
   March 27, 2015                     140,023
   March 28, 2015                       4,080
   March 29, 2015                      20,825
   March 30, 2015                     116,681
--------------------------------------------------------------------------------
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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