National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/23/2015

Past Market Reports

Report Date: 12/23/2015

LM_HG201
Des Moines, Iowa               Wed, Dec 23, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, December 22, 2015

Barrows and Gilts (Live and Carcass Basis): 415,233

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

HEAD COUNT                        6,624    38,426   175,073    55,686    275,809
CARCASS BASE PRICE                47.31     57.89     52.19     63.04      55.21
AVERAGE NET PRICE                 50.04     60.46     54.32     64.68      57.23
LOWEST NET LOT                    42.48     47.52     39.83     40.27      42.49
HIGHEST NET LOT                   54.22     76.00     71.46     83.37      72.10
AVERAGE LIVE WT                  263.91    285.92    280.80    276.93     280.29
AVERAGE CARCASS WT               192.29    215.90    211.89    208.78     211.47
AVERAGE SORT LOSS                 -1.29     -2.12     -1.77     -1.08      -1.65
AVERAGE BACKFAT                    0.67      0.75      0.70      0.74       0.72
AVERAGE LOIN DEPTH (LD)            2.28      2.75      2.71      2.52       2.66
LOINEYE AREA (LD Converted)        6.83      8.27      8.16      7.57       8.01
AVERAGE LEAN PERCENT              53.94     55.43     55.57     54.93      55.36
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       20,300
CARCASS BASE PRICE                52.19
AVERAGE NET PRICE                 55.44
AVERAGE OF LOWEST NET LOTS        52.05
AVERAGE OF HIGHEST NET LOTS       65.25
AVERAGE LIVE WT                  268.04
AVERAGE CARCASS WT               203.97
AVERAGE SORT LOSS                 -1.44
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.92
AVERAGE LEAN PERCENT              56.20
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      119,124
AVERAGE LIVE WT                  286.75
AVERAGE CARCASS WT               215.59
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.69
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.26 lbs carcass;  BF 0.72;  LD 2.62;  LEA 7.89;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $55.03
                    Wtd Avg Net Price        $57.10
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 23, 2015                  384,972
   December 24, 2015                  149,949
   December 25, 2015                   15,820
   December 26, 2015                  156,321
   December 27, 2015                   45,847
   December 28, 2015                  243,446
   December 29, 2015                  244,404
   December 30, 2015                  239,280
   December 31, 2015                  184,435
   January 01, 2016                    19,064
   January 02, 2016                   148,602
   January 03, 2016                    16,278
   January 04, 2016                   126,389
   January 05, 2016                   123,581
--------------------------------------------------------------------------------
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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