National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/21/2015

Past Market Reports

Report Date: 5/21/2015

LM_HG201
Des Moines, Iowa               Thu, May 21, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, May 20, 2015

Barrows and Gilts (Live and Carcass Basis): 392,515

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

HEAD COUNT                        7,302    42,578   168,393    50,680    268,953
CARCASS BASE PRICE                79.68     82.74     80.89     79.78      80.94
AVERAGE NET PRICE                 83.14     85.62     83.27     81.56      83.32
LOWEST NET LOT                    73.59     70.37     73.79     70.34      70.79
HIGHEST NET LOT                   87.57     99.85     99.59     96.74      95.84
AVERAGE LIVE WT                  266.88    279.64    280.75    275.93     279.26
AVERAGE CARCASS WT               198.73    212.33    212.68    208.40     211.44
AVERAGE SORT LOSS                 -1.84     -1.64     -1.67     -0.82      -1.48
AVERAGE BACKFAT                    0.68      0.70      0.70      0.70       0.70
AVERAGE LOIN DEPTH (LD)            2.39      2.75      2.73      2.56       2.69
LOINEYE AREA (LD Converted)        7.17      8.27      8.20      7.68       8.07
AVERAGE LEAN PERCENT              54.59     55.81     55.58     55.53      55.58
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,107
CARCASS BASE PRICE                81.22
AVERAGE NET PRICE                 84.24
AVERAGE OF LOWEST NET LOTS        78.62
AVERAGE OF HIGHEST NET LOTS       83.77
AVERAGE LIVE WT                  268.99
AVERAGE CARCASS WT               207.32
AVERAGE SORT LOSS                 -1.53
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.02
AVERAGE LEAN PERCENT              56.08
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      107,455
AVERAGE LIVE WT                  287.00
AVERAGE CARCASS WT               216.86
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.64
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.76 lbs carcass;  BF 0.70;  LD 2.64;  LEA 7.93;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $80.95
                    Wtd Avg Net Price        $83.37
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 21, 2015                       396,086
   May 22, 2015                       323,728
   May 23, 2015                        15,395
   May 24, 2015                         6,795
   May 25, 2015                        64,656
   May 26, 2015                       242,376
   May 27, 2015                       237,630
   May 28, 2015                       239,557
   May 29, 2015                       206,207
   May 30, 2015                        64,514
   May 31, 2015                        19,240
   June 01, 2015                      122,926
   June 02, 2015                      124,067
   June 03, 2015                      115,278
--------------------------------------------------------------------------------
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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