National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/26/2015

Past Market Reports

Report Date: 3/26/2015

LM_HG201
Des Moines, Iowa               Thu, Mar 26, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, March 25, 2015

Barrows and Gilts (Live and Carcass Basis): 397,091

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

HEAD COUNT                        8,323    35,556   174,001    52,763    270,643
CARCASS BASE PRICE                56.68     74.31     58.63     67.92      62.63
AVERAGE NET PRICE                 58.94     77.82     60.58     69.35      64.63
LOWEST NET LOT                    42.73     51.99     49.74     56.32      52.28
HIGHEST NET LOT                   62.31     96.74     73.82    103.33      84.74
AVERAGE LIVE WT                  269.42    284.54    281.84    278.75     281.18
AVERAGE CARCASS WT               200.03    215.72    213.45    210.23     212.74
AVERAGE SORT LOSS                 -1.31     -2.03     -1.83     -1.26      -1.71
AVERAGE BACKFAT                    0.68      0.69      0.70      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.38      2.79      2.71      2.52       2.67
LOINEYE AREA (LD Converted)        7.15      8.39      8.16      7.57       8.02
AVERAGE LEAN PERCENT              54.27     55.92     55.57     55.09      55.48
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,435
CARCASS BASE PRICE                58.95
AVERAGE NET PRICE                 62.76
AVERAGE OF LOWEST NET LOTS        55.89
AVERAGE OF HIGHEST NET LOTS       65.61
AVERAGE LIVE WT                  262.97
AVERAGE CARCASS WT               201.82
AVERAGE SORT LOSS                 -1.42
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.14
AVERAGE LEAN PERCENT              56.25
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,013
AVERAGE LIVE WT                  289.38
AVERAGE CARCASS WT               219.51
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.55
AVERAGE LEAN PERCENT              53.88
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.37 lbs carcass;  BF 0.70;  LD 2.64;  LEA 7.94;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $62.52
                    Wtd Avg Net Price        $64.55
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 26, 2015                     401,240
   March 27, 2015                     356,930
   March 28, 2015                      85,491
   March 29, 2015                      43,779
   March 30, 2015                     237,675
   March 31, 2015                     240,948
   April 01, 2015                     233,439
   April 02, 2015                     224,493
   April 03, 2015                     178,650
   April 04, 2015                      11,175
   April 05, 2015                      16,530
   April 06, 2015                     123,923
   April 07, 2015                     131,606
   April 08, 2015                     132,303
--------------------------------------------------------------------------------
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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