National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/17/2015

Past Market Reports

Report Date: 11/17/2015

LM_HG201
Des Moines, Iowa               Tue, Nov 17, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, November 16, 2015

Barrows and Gilts (Live and Carcass Basis): 402,882

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

HEAD COUNT                       15,255    30,013   164,640    56,118    266,026
CARCASS BASE PRICE                52.04     57.67     54.36     64.07      56.83
AVERAGE NET PRICE                 53.54     59.42     56.37     65.00      58.50
LOWEST NET LOT                    44.30     46.01     43.84     47.69      46.56
HIGHEST NET LOT                   59.81     77.42     75.04     83.84      75.25
AVERAGE LIVE WT                  279.08    285.10    282.25    278.80     281.63
AVERAGE CARCASS WT               203.32    214.35    213.10    208.63     211.92
AVERAGE SORT LOSS                 -1.92     -2.01     -1.89     -1.46      -1.80
AVERAGE BACKFAT                    0.68      0.75      0.71      0.74       0.72
AVERAGE LOIN DEPTH (LD)            2.38      2.73      2.74      2.54       2.67
LOINEYE AREA (LD Converted)        7.14      8.23      8.24      7.62       8.04
AVERAGE LEAN PERCENT              54.23     55.39     55.55     54.72      55.27
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       20,317
CARCASS BASE PRICE                54.69
AVERAGE NET PRICE                 58.09
AVERAGE OF LOWEST NET LOTS        56.71
AVERAGE OF HIGHEST NET LOTS       63.26
AVERAGE LIVE WT                  274.31
AVERAGE CARCASS WT               206.84
AVERAGE SORT LOSS                 -1.28
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.00
AVERAGE LEAN PERCENT              56.09
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      116,539
AVERAGE LIVE WT                  288.14
AVERAGE CARCASS WT               214.74
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.57
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.47 lbs carcass;  BF 0.72;  LD 2.63;  LEA 7.91;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.70
                    Wtd Avg Net Price        $58.47
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 17, 2015                  416,438
   November 18, 2015                  388,429
   November 19, 2015                  391,565
   November 20, 2015                  357,684
   November 21, 2015                  147,224
   November 22, 2015                   39,095
   November 23, 2015                  181,594
   November 24, 2015                  185,153
   November 25, 2015                  167,490
   November 26, 2015                   14,805
   November 27, 2015                  156,384
   November 28, 2015                   94,388
   November 29, 2015                   18,407
   November 30, 2015                  116,505
--------------------------------------------------------------------------------
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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