National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/15/2015

Past Market Reports

Report Date: 10/15/2015

LM_HG201
Des Moines, Iowa               Thu, Oct 15, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, October 14, 2015

Barrows and Gilts (Live and Carcass Basis): 405,353

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

HEAD COUNT                        7,423    31,194   178,699    55,672    272,988
CARCASS BASE PRICE                70.40     69.70     72.96     75.22      73.00
AVERAGE NET PRICE                 72.80     72.36     75.06     76.73      75.05
LOWEST NET LOT                    64.12     49.52     61.57     69.18      61.00
HIGHEST NET LOT                   78.57     81.71     90.67     86.65      84.61
AVERAGE LIVE WT                  270.32    281.62    281.04    277.30     280.01
AVERAGE CARCASS WT               198.21    213.06    211.44    207.84     210.56
AVERAGE SORT LOSS                 -1.71     -1.70     -1.67     -0.81      -1.47
AVERAGE BACKFAT                    0.69      0.73      0.72      0.74       0.73
AVERAGE LOIN DEPTH (LD)            2.33      2.72      2.70      2.50       2.64
LOINEYE AREA (LD Converted)        7.00      8.19      8.11      7.52       7.94
AVERAGE LEAN PERCENT              53.84     55.36     55.37     54.76      55.17
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,207
CARCASS BASE PRICE                73.35
AVERAGE NET PRICE                 76.80
AVERAGE OF LOWEST NET LOTS        70.11
AVERAGE OF HIGHEST NET LOTS       78.45
AVERAGE LIVE WT                  272.44
AVERAGE CARCASS WT               207.01
AVERAGE SORT LOSS                 -1.42
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.01
AVERAGE LEAN PERCENT              55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,158
AVERAGE LIVE WT                  287.94
AVERAGE CARCASS WT               216.25
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.52
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.02 lbs carcass;  BF 0.72;  LD 2.60;  LEA 7.82;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $73.02
                    Wtd Avg Net Price        $75.17
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 15, 2015                   415,409
   October 16, 2015                   351,636
   October 17, 2015                   132,195
   October 18, 2015                    40,280
   October 19, 2015                   262,395
   October 20, 2015                   250,548
   October 21, 2015                   250,004
   October 22, 2015                   245,850
   October 23, 2015                   212,969
   October 24, 2015                    33,877
   October 25, 2015                    24,770
   October 26, 2015                   126,531
   October 27, 2015                   133,111
   October 28, 2015                   127,220
--------------------------------------------------------------------------------
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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