National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/28/2015

Past Market Reports

Report Date: 12/28/2015

LM_HG201
Des Moines, Iowa               Mon, Dec 28, 2015                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, December 24 & Saturday, December 26, 2015

Barrows and Gilts (Live and Carcass Basis): 378,493

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

HEAD COUNT                        7,011    31,981   156,153    57,311    252,456
CARCASS BASE PRICE                48.08     57.99     51.77     61.24      54.70
AVERAGE NET PRICE                 49.24     59.86     53.44     62.80      56.31
LOWEST NET LOT                    39.86     42.00     38.68     47.93      43.92
HIGHEST NET LOT                   53.93     76.16     71.04     83.19      72.09
AVERAGE LIVE WT                  275.72    286.94    283.65    281.58     283.36
AVERAGE CARCASS WT               203.46    216.73    214.69    211.71     214.01
AVERAGE SORT LOSS                 -1.62     -2.08     -1.82     -0.89      -1.59
AVERAGE BACKFAT                    0.69      0.75      0.71      0.72       0.72
AVERAGE LOIN DEPTH (LD)            2.35      2.70      2.70      2.53       2.64
LOINEYE AREA (LD Converted)        7.05      8.11      8.13      7.61       7.93
AVERAGE LEAN PERCENT              53.96     54.96     55.37     55.19      55.22
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,964
CARCASS BASE PRICE                51.74
AVERAGE NET PRICE                 54.98
AVERAGE OF LOWEST NET LOTS        49.72
AVERAGE OF HIGHEST NET LOTS       66.88
AVERAGE LIVE WT                  272.31
AVERAGE CARCASS WT               206.37
AVERAGE SORT LOSS                 -1.35
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.86
AVERAGE LEAN PERCENT              55.82
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      107,073
AVERAGE LIVE WT                  290.69
AVERAGE CARCASS WT               218.46
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.53
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.90 lbs carcass;  BF 0.72;  LD 2.61;  LEA 7.84;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $54.52
                    Wtd Avg Net Price        $56.22
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 28, 2015                  423,463
   December 29, 2015                  391,603
   December 30, 2015                  386,613
   December 31, 2015                  294,463
   January 01, 2016                    29,885
   January 02, 2016                   272,466
   January 03, 2016                    28,338
   January 04, 2016                   152,134
   January 05, 2016                   155,349
   January 06, 2016                   150,107
   January 07, 2016                   147,562
   January 08, 2016                   138,438
   January 09, 2016                    31,946
   January 10, 2016                    17,271
--------------------------------------------------------------------------------
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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