National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/22/2015

Past Market Reports

Report Date: 10/22/2015

LM_HG201
Des Moines, Iowa               Thu, Oct 22, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, October 21, 2015

Barrows and Gilts (Live and Carcass Basis): 395,164

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

HEAD COUNT                        7,874    35,870   180,107    54,865    278,716
CARCASS BASE PRICE                69.76     66.24     71.90     74.90      71.71
AVERAGE NET PRICE                 72.03     68.33     74.37     76.26      73.89
LOWEST NET LOT                    64.14     47.09     62.45     67.99      57.35
HIGHEST NET LOT                   76.15     84.85     93.95     88.87      86.44
AVERAGE LIVE WT                  282.98    281.60    280.70    278.88     280.53
AVERAGE CARCASS WT               211.12    212.77    211.76    208.56     211.23
AVERAGE SORT LOSS                 -1.25     -1.71     -1.71     -1.17      -1.57
AVERAGE BACKFAT                    0.76      0.75      0.70      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.68      2.72      2.73      2.52       2.67
LOINEYE AREA (LD Converted)        8.05      8.17      8.22      7.56       8.04
AVERAGE LEAN PERCENT              55.19     55.17     55.52     55.04      55.34
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       20,194
CARCASS BASE PRICE                72.02
AVERAGE NET PRICE                 75.43
AVERAGE OF LOWEST NET LOTS        64.31
AVERAGE OF HIGHEST NET LOTS       76.91
AVERAGE LIVE WT                  269.28
AVERAGE CARCASS WT               205.25
AVERAGE SORT LOSS                 -1.98
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.03
AVERAGE LEAN PERCENT              56.05
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       96,254
AVERAGE LIVE WT                  286.61
AVERAGE CARCASS WT               213.67
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.44
AVERAGE LEAN PERCENT              53.34
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.50 lbs carcass;  BF 0.72;  LD 2.62;  LEA 7.88;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $71.73
                    Wtd Avg Net Price        $73.99
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 22, 2015                   422,084
   October 23, 2015                   356,501
   October 24, 2015                   179,923
   October 25, 2015                    44,386
   October 26, 2015                   241,049
   October 27, 2015                   238,365
   October 28, 2015                   234,232
   October 29, 2015                   238,842
   October 30, 2015                   205,719
   October 31, 2015                    51,557
   November 01, 2015                   16,381
   November 02, 2015                  118,737
   November 03, 2015                  126,646
   November 04, 2015                  118,360
--------------------------------------------------------------------------------
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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