National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/11/2015

Past Market Reports

Report Date: 12/11/2015

LM_HG201
Des Moines, Iowa               Fri, Dec 11, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, December 10, 2015

Barrows and Gilts (Live and Carcass Basis): 400,554

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

HEAD COUNT                        9,736    29,101   175,648    54,471    268,956
CARCASS BASE PRICE                50.92     56.88     54.55     63.35      56.57
AVERAGE NET PRICE                 52.86     59.22     56.46     64.41      58.31
LOWEST NET LOT                    42.49     45.33     32.45     48.32      43.54
HIGHEST NET LOT                   58.34     76.65     73.81     83.42      77.52
AVERAGE LIVE WT                  272.44    285.48    283.95    281.91     283.27
AVERAGE CARCASS WT               198.98    215.64    213.92    211.25     213.17
AVERAGE SORT LOSS                 -1.37     -2.13     -1.82     -1.40      -1.74
AVERAGE BACKFAT                    0.73      0.74      0.72      0.72       0.72
AVERAGE LOIN DEPTH (LD)            2.35      2.74      2.71      2.53       2.66
LOINEYE AREA (LD Converted)        7.04      8.25      8.15      7.59       7.99
AVERAGE LEAN PERCENT              53.80     55.40     55.30     55.06      55.21
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,379
CARCASS BASE PRICE                54.19
AVERAGE NET PRICE                 57.70
AVERAGE OF LOWEST NET LOTS        52.20
AVERAGE OF HIGHEST NET LOTS       64.92
AVERAGE LIVE WT                  273.68
AVERAGE CARCASS WT               207.16
AVERAGE SORT LOSS                 -1.44
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.95
AVERAGE LEAN PERCENT              55.95
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      114,219
AVERAGE LIVE WT                  290.11
AVERAGE CARCASS WT               216.80
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.66
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.95 lbs carcass;  BF 0.72;  LD 2.62;  LEA 7.87;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.45
                    Wtd Avg Net Price        $58.27
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 11, 2015                  396,887
   December 12, 2015                  197,349
   December 13, 2015                   54,361
   December 14, 2015                  355,924
   December 15, 2015                  358,149
   December 16, 2015                  346,056
   December 17, 2015                  344,465
   December 18, 2015                  333,150
   December 19, 2015                  183,696
   December 20, 2015                   28,353
   December 21, 2015                  143,614
   December 22, 2015                  149,446
   December 23, 2015                  138,031
   December 24, 2015                   53,833
--------------------------------------------------------------------------------
Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
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