National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/31/2015

Past Market Reports

Report Date: 3/31/2015

LM_HG201
Des Moines, Iowa               Tue, Mar 31, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, March 30, 2015

Barrows and Gilts (Live and Carcass Basis): 405,916

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

HEAD COUNT                       10,330    25,733   187,140    55,392    278,595
CARCASS BASE PRICE                55.57     75.69     57.65     66.81      61.31
AVERAGE NET PRICE                 58.05     78.25     59.79     68.35      63.29
LOWEST NET LOT                    49.40     53.73     48.51     52.15      51.24
HIGHEST NET LOT                   62.25     97.11     70.80     87.85      81.08
AVERAGE LIVE WT                  275.31    285.13    281.26    274.64     280.04
AVERAGE CARCASS WT               204.32    217.56    213.04    206.43     211.85
AVERAGE SORT LOSS                 -1.25     -2.40     -1.84     -1.05      -1.70
AVERAGE BACKFAT                    0.70      0.71      0.69      0.69       0.69
AVERAGE LOIN DEPTH (LD)            2.46      2.73      2.71      2.52       2.66
LOINEYE AREA (LD Converted)        7.39      8.21      8.16      7.57       7.99
AVERAGE LEAN PERCENT              54.65     55.52     55.63     55.45      55.54
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,126
CARCASS BASE PRICE                58.05
AVERAGE NET PRICE                 61.69
AVERAGE OF LOWEST NET LOTS        56.92
AVERAGE OF HIGHEST NET LOTS       61.96
AVERAGE LIVE WT                  264.10
AVERAGE CARCASS WT               201.65
AVERAGE SORT LOSS                 -1.32
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.00
AVERAGE LEAN PERCENT              56.02
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      110,195
AVERAGE LIVE WT                  287.98
AVERAGE CARCASS WT               218.63
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.84
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.25 lbs carcass;  BF 0.69;  LD 2.63;  LEA 7.90;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $61.17
                    Wtd Avg Net Price        $63.19
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 31, 2015                     401,890
   April 01, 2015                     394,932
   April 02, 2015                     377,333
   April 03, 2015                     318,222
   April 04, 2015                      24,776
   April 05, 2015                      28,030
   April 06, 2015                     159,617
   April 07, 2015                     168,150
   April 08, 2015                     164,825
   April 09, 2015                     148,124
   April 10, 2015                     122,453
   April 11, 2015                      17,890
   April 12, 2015                      20,710
   April 13, 2015                     114,931
--------------------------------------------------------------------------------
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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