National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/4/2015

Past Market Reports

Report Date: 9/4/2015

LM_HG201 ***CORRECTION TO NET PRICE AND CARCASS WT SWINE OR PORK MKT FORMULA***
Des Moines, Iowa               Fri, Sep 04, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, September 3, 2015

Barrows and Gilts (Live and Carcass Basis): 405,492

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

HEAD COUNT                       11,736    30,282   178,441    57,874    278,333
CARCASS BASE PRICE                71.27     68.43     72.68     75.79      72.84
AVERAGE NET PRICE                 73.20     70.95     75.20     77.53      75.16
LOWEST NET LOT                    63.50     59.52     61.05     69.53      64.44
HIGHEST NET LOT                   78.43     90.09     85.03     85.81      85.33
AVERAGE LIVE WT                  263.82    277.49    276.36    274.77     275.75
AVERAGE CARCASS WT               199.01    209.83    209.21    206.35     208.29
AVERAGE SORT LOSS                 -1.52     -1.50     -1.26     -0.75      -1.17
AVERAGE BACKFAT                    0.75      0.70      0.70      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.28      2.66      2.68      2.49       2.61
LOINEYE AREA (LD Converted)        6.83      8.00      8.07      7.47       7.86
AVERAGE LEAN PERCENT              53.77     55.47     55.41     54.89      55.23
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,400
CARCASS BASE PRICE                72.33
AVERAGE NET PRICE                 74.73
AVERAGE OF LOWEST NET LOTS        69.27
AVERAGE OF HIGHEST NET LOTS       74.59
AVERAGE LIVE WT                  267.48
AVERAGE CARCASS WT               204.06
AVERAGE SORT LOSS                 -1.48
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.57
LOINEYE AREA (LD Converted)        7.73
AVERAGE LEAN PERCENT              55.53
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      111,759
AVERAGE LIVE WT                  281.61
AVERAGE CARCASS WT               213.85
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              53.88
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.75 lbs carcass;  BF 0.71;  LD 2.59;  LEA 7.80;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $72.82
                    Wtd Avg Net Price        $75.14
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 04, 2015                 343,134
   September 05, 2015                  29,824
   September 06, 2015                       0
   September 07, 2015                  44,535
   September 08, 2015                 361,751
   September 09, 2015                 360,500
   September 10, 2015                 364,979
   September 11, 2015                 343,977
   September 12, 2015                 211,295
   September 13, 2015                  27,900
   September 14, 2015                 134,042
   September 15, 2015                 138,519
   September 16, 2015                 135,834
   September 17, 2015                 131,564
--------------------------------------------------------------------------------
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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