National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/28/2015

Past Market Reports

Report Date: 10/28/2015

LM_HG201
Des Moines, Iowa               Wed, Oct 28, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, October 27, 2015

Barrows and Gilts (Live and Carcass Basis): 401,421

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

HEAD COUNT                        8,112    28,420   172,761    53,397    262,690
CARCASS BASE PRICE                68.96     63.83     70.38     73.63      70.28
AVERAGE NET PRICE                 71.08     66.25     72.47     74.91      72.24
LOWEST NET LOT                    59.18     53.18     59.52     60.41      57.44
HIGHEST NET LOT                   80.26     86.78     86.88     84.10      84.63
AVERAGE LIVE WT                  274.25    283.27    282.30    275.99     280.86
AVERAGE CARCASS WT               202.25    213.56    213.14    206.92     211.66
AVERAGE SORT LOSS                 -1.82     -2.02     -1.91     -1.20      -1.75
AVERAGE BACKFAT                    0.75      0.74      0.71      0.73       0.72
AVERAGE LOIN DEPTH (LD)            2.45      2.75      2.73      2.51       2.67
LOINEYE AREA (LD Converted)        7.35      8.29      8.20      7.53       8.02
AVERAGE LEAN PERCENT              54.10     55.42     55.55     54.92      55.34
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       21,666
CARCASS BASE PRICE                69.66
AVERAGE NET PRICE                 72.99
AVERAGE OF LOWEST NET LOTS        65.06
AVERAGE OF HIGHEST NET LOTS       74.27
AVERAGE LIVE WT                  273.15
AVERAGE CARCASS WT               206.48
AVERAGE SORT LOSS                 -1.50
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.98
AVERAGE LEAN PERCENT              56.08
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      117,065
AVERAGE LIVE WT                  289.60
AVERAGE CARCASS WT               216.28
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              53.39
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.73 lbs carcass;  BF 0.72;  LD 2.62;  LEA 7.87;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $70.24
                    Wtd Avg Net Price        $72.30
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 28, 2015                   412,681
   October 29, 2015                   382,311
   October 30, 2015                   312,228
   October 31, 2015                    98,001
   November 01, 2015                   45,111
   November 02, 2015                  198,522
   November 03, 2015                  208,401
   November 04, 2015                  204,984
   November 05, 2015                  187,471
   November 06, 2015                  159,034
   November 07, 2015                   42,420
   November 08, 2015                   24,141
   November 09, 2015                  127,787
   November 10, 2015                  124,608
--------------------------------------------------------------------------------
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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