National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/16/2015

Past Market Reports

Report Date: 9/16/2015

LM_HG201
Des Moines, Iowa               Wed, Sep 16, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, September 15, 2015

Barrows and Gilts (Live and Carcass Basis): 411,359

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

HEAD COUNT                       10,361    33,549   179,996    56,375    280,281
CARCASS BASE PRICE                65.57     66.40     68.48     73.02      69.12
AVERAGE NET PRICE                 68.29     69.11     71.02     74.24      71.37
LOWEST NET LOT                    56.35     58.76     49.53     57.38      56.59
HIGHEST NET LOT                   73.23     85.13     83.71     85.64      83.92
AVERAGE LIVE WT                  262.86    273.81    275.89    273.58     274.71
AVERAGE CARCASS WT               196.00    207.12    208.90    205.55     207.56
AVERAGE SORT LOSS                 -1.21     -1.25     -1.34     -1.25      -1.30
AVERAGE BACKFAT                    0.74      0.71      0.69      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.34      2.70      2.68      2.47       2.62
LOINEYE AREA (LD Converted)        7.02      8.13      8.05      7.41       7.86
AVERAGE LEAN PERCENT              54.01     55.51     55.48     54.87      55.28
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,615
CARCASS BASE PRICE                68.85
AVERAGE NET PRICE                 72.36
AVERAGE OF LOWEST NET LOTS        66.64
AVERAGE OF HIGHEST NET LOTS       78.69
AVERAGE LIVE WT                  262.86
AVERAGE CARCASS WT               200.68
AVERAGE SORT LOSS                 -0.97
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.93
AVERAGE LEAN PERCENT              56.73
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,463
AVERAGE LIVE WT                  285.00
AVERAGE CARCASS WT               214.43
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.86
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.28 lbs carcass;  BF 0.70;  LD 2.59;  LEA 7.77;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $69.11
                    Wtd Avg Net Price        $71.41
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 16, 2015                 419,474
   September 17, 2015                 380,781
   September 18, 2015                 343,418
   September 19, 2015                  87,951
   September 20, 2015                  34,058
   September 21, 2015                 192,144
   September 22, 2015                 188,788
   September 23, 2015                 188,329
   September 24, 2015                 181,484
   September 25, 2015                 156,630
   September 26, 2015                  13,275
   September 27, 2015                  16,846
   September 28, 2015                 118,376
   September 29, 2015                 114,328
--------------------------------------------------------------------------------
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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