National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/1/2016

Past Market Reports

Report Date: 2/1/2016

LM_HG201
Des Moines, Iowa               Mon, Feb 01, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, January 29, 2016 and Saturday, January 30, 2016

Barrows and Gilts (Live and Carcass Basis): 541,623

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

HEAD COUNT                       18,302    39,776   230,893    80,187    369,158
CARCASS BASE PRICE                57.25     61.60     60.30     65.85      61.55
AVERAGE NET PRICE                 57.93     64.29     62.47     67.33      63.52
LOWEST NET LOT                    49.72     53.44     48.20     51.15      51.32
HIGHEST NET LOT                   67.28     73.87     75.89     81.19      77.05
AVERAGE LIVE WT                  281.08    286.19    284.33    279.99     283.46
AVERAGE CARCASS WT               210.98    217.20    214.85    210.57     213.97
AVERAGE SORT LOSS                 -1.98     -2.28     -1.92     -1.12      -1.76
AVERAGE BACKFAT                    0.70      0.69      0.71      0.71       0.71
AVERAGE LOIN DEPTH (LD)            2.39      2.77      2.75      2.52       2.68
LOINEYE AREA (LD Converted)        7.18      8.33      8.28      7.56       8.06
AVERAGE LEAN PERCENT              53.67     55.70     55.72     55.25      55.52
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,642
CARCASS BASE PRICE                59.86
AVERAGE NET PRICE                 62.47
AVERAGE OF LOWEST NET LOTS        57.98
AVERAGE OF HIGHEST NET LOTS       65.19
AVERAGE LIVE WT                  267.22
AVERAGE CARCASS WT               203.34
AVERAGE SORT LOSS                 -1.48
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.86
AVERAGE LEAN PERCENT              56.19
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      154,823
AVERAGE LIVE WT                  285.14
AVERAGE CARCASS WT               215.67
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              53.82
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.12 lbs carcass;  BF 0.71;  LD 2.65;  LEA 7.97;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $61.48
                    Wtd Avg Net Price        $63.47
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 01, 2016                  427,805
   February 02, 2016                  377,547
   February 03, 2016                  383,566
   February 04, 2016                  350,149
   February 05, 2016                  341,659
   February 06, 2016                   89,958
   February 07, 2016                   25,191
   February 08, 2016                  131,290
   February 09, 2016                  124,612
   February 10, 2016                  123,268
   February 11, 2016                  122,938
   February 12, 2016                  112,441
   February 13, 2016                   10,294
   February 14, 2016                   15,004
--------------------------------------------------------------------------------
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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