National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/7/2016

Past Market Reports

Report Date: 1/7/2016

LM_HG201
Des Moines, Iowa               Thu, Jan 07, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, January 6, 2016

Barrows and Gilts (Live and Carcass Basis): 407,274

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

HEAD COUNT                       10,796    35,356   172,701    55,273    274,126
CARCASS BASE PRICE                48.74     59.42     51.86     62.19      54.93
AVERAGE NET PRICE                 49.39     60.90     53.77     63.13      56.48
LOWEST NET LOT                    40.37     48.09     37.74     42.94      41.05
HIGHEST NET LOT                   55.25     72.50     68.77     82.73      73.79
AVERAGE LIVE WT                  278.61    288.81    285.23    283.13     284.94
AVERAGE CARCASS WT               209.78    217.03    215.80    213.76     215.34
AVERAGE SORT LOSS                 -2.74     -2.16     -2.00     -1.57      -1.94
AVERAGE BACKFAT                    0.68      0.78      0.73      0.73       0.74
AVERAGE LOIN DEPTH (LD)            2.39      2.69      2.73      2.56       2.67
LOINEYE AREA (LD Converted)        7.19      8.10      8.22      7.71       8.04
AVERAGE LEAN PERCENT              54.25     54.86     55.39     55.13      55.21
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,617
CARCASS BASE PRICE                51.92
AVERAGE NET PRICE                 55.37
AVERAGE OF LOWEST NET LOTS        50.93
AVERAGE OF HIGHEST NET LOTS       57.10
AVERAGE LIVE WT                  272.59
AVERAGE CARCASS WT               207.23
AVERAGE SORT LOSS                 -1.83
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.95
AVERAGE LEAN PERCENT              55.77
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      114,531
AVERAGE LIVE WT                  286.85
AVERAGE CARCASS WT               217.47
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.51
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.56 lbs carcass;  BF 0.73;  LD 2.63;  LEA 7.91;  FFLI  52.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $54.77
                    Wtd Avg Net Price        $56.41
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 07, 2016                   412,456
   January 08, 2016                   356,586
   January 09, 2016                   142,831
   January 10, 2016                    43,566
   January 11, 2016                   281,109
   January 12, 2016                   274,976
   January 13, 2016                   273,399
   January 14, 2016                   237,104
   January 15, 2016                   251,466
   January 16, 2016                    60,845
   January 17, 2016                    16,746
   January 18, 2016                   122,258
   January 19, 2016                   121,180
   January 20, 2016                   112,814
--------------------------------------------------------------------------------
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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