National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/18/2016

Past Market Reports

Report Date: 1/18/2016

LM_HG201
Des Moines, Iowa               Mon, Jan 18, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, January 15, 2016 and Saturday, January 16, 2016

Barrows and Gilts (Live and Carcass Basis): 635,454

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

HEAD COUNT                       20,536    45,480   272,810    84,864    423,690
CARCASS BASE PRICE                51.56     59.22     54.35     62.90      56.58
AVERAGE NET PRICE                 52.60     61.00     56.28     63.64      58.15
LOWEST NET LOT                    40.10     50.22     39.42     41.99      42.72
HIGHEST NET LOT                   57.52     73.23     70.97     76.25      70.19
AVERAGE LIVE WT                  277.50    286.28    285.07    282.44     284.35
AVERAGE CARCASS WT               209.85    217.00    215.81    213.60     215.21
AVERAGE SORT LOSS                 -1.77     -2.41     -2.02     -1.49      -1.92
AVERAGE BACKFAT                    0.73      0.75      0.72      0.72       0.72
AVERAGE LOIN DEPTH (LD)            2.43      2.73      2.74      2.52       2.67
LOINEYE AREA (LD Converted)        7.30      8.22      8.26      7.56       8.05
AVERAGE LEAN PERCENT              54.43     55.26     55.58     55.19      55.40
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       27,270
CARCASS BASE PRICE                54.00
AVERAGE NET PRICE                 56.87
AVERAGE OF LOWEST NET LOTS        47.67
AVERAGE OF HIGHEST NET LOTS       58.42
AVERAGE LIVE WT                  274.03
AVERAGE CARCASS WT               208.48
AVERAGE SORT LOSS                 -1.79
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.91
AVERAGE LEAN PERCENT              55.93
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      184,494
AVERAGE LIVE WT                  285.77
AVERAGE CARCASS WT               216.73
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.55
AVERAGE LEAN PERCENT              53.59
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.35 lbs carcass;  BF 0.73;  LD 2.64;  LEA 7.95;  FFLI  52.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.44
                    Wtd Avg Net Price        $58.07
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 18, 2016                   360,206
   January 19, 2016                   394,532
   January 20, 2016                   388,726
   January 21, 2016                   388,948
   January 22, 2016                   347,477
   January 23, 2016                   131,266
   January 24, 2016                    34,126
   January 25, 2016                   131,262
   January 26, 2016                   133,751
   January 27, 2016                   130,941
   January 28, 2016                   128,777
   January 29, 2016                   112,951
   January 30, 2016                     7,478
   January 31, 2016                    14,631
--------------------------------------------------------------------------------
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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