National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/19/2015

Past Market Reports

Report Date: 3/19/2015

LM_HG201
Des Moines, Iowa               Thu, Mar 19, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, March 18, 2015

Barrows and Gilts (Live and Carcass Basis): 398,042

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

HEAD COUNT                        8,088    40,322   167,513    50,680    266,603
CARCASS BASE PRICE                59.03     80.57     61.32     69.11      65.85
AVERAGE NET PRICE                 61.32     83.04     63.30     70.96      67.82
LOWEST NET LOT                    54.19     54.16     50.01     55.85      54.08
HIGHEST NET LOT                   66.74     98.85     75.35    103.38      86.57
AVERAGE LIVE WT                  267.76    285.40    282.99    280.22     282.32
AVERAGE CARCASS WT               199.31    216.32    214.10    210.80     213.39
AVERAGE SORT LOSS                 -1.74     -2.14     -1.74     -1.00      -1.64
AVERAGE BACKFAT                    0.71      0.68      0.71      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.38      2.77      2.70      2.51       2.65
LOINEYE AREA (LD Converted)        7.14      8.33      8.11      7.54       7.98
AVERAGE LEAN PERCENT              53.84     55.91     55.43     55.11      55.39
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,054
CARCASS BASE PRICE                61.43
AVERAGE NET PRICE                 64.75
AVERAGE OF LOWEST NET LOTS        59.44
AVERAGE OF HIGHEST NET LOTS       66.17
AVERAGE LIVE WT                  266.66
AVERAGE CARCASS WT               203.97
AVERAGE SORT LOSS                 -1.34
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.09
AVERAGE LEAN PERCENT              56.31
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      117,385
AVERAGE LIVE WT                  288.23
AVERAGE CARCASS WT               218.38
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.45
AVERAGE LEAN PERCENT              53.59
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.52 lbs carcass;  BF 0.70;  LD 2.61;  LEA 7.84;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.66
                    Wtd Avg Net Price        $67.66
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 19, 2015                     402,330
   March 20, 2015                     332,300
   March 21, 2015                      83,162
   March 22, 2015                      41,559
   March 23, 2015                     284,056
   March 24, 2015                     282,461
   March 25, 2015                     275,049
   March 26, 2015                     268,009
   March 27, 2015                     234,826
   March 28, 2015                      18,870
   March 29, 2015                      24,155
   March 30, 2015                     122,961
   March 31, 2015                     126,092
   April 01, 2015                     115,081
--------------------------------------------------------------------------------
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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