National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/2/2016

Past Market Reports

Report Date: 2/2/2016

LM_HG201
Des Moines, Iowa               Tue, Feb 02, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 1, 2016

Barrows and Gilts (Live and Carcass Basis): 386,568

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

HEAD COUNT                        8,553    39,483   160,681    54,077    262,794
CARCASS BASE PRICE                59.60     63.50     60.80     66.52      62.45
AVERAGE NET PRICE                 60.56     65.37     63.20     67.71      64.41
LOWEST NET LOT                    53.05     54.78     46.80     53.96      51.29
HIGHEST NET LOT                   68.17     73.66     77.73     77.18      75.00
AVERAGE LIVE WT                  279.20    282.82    281.01    277.54     280.52
AVERAGE CARCASS WT               208.43    212.68    212.01    208.88     211.34
AVERAGE SORT LOSS                 -1.10     -1.72     -1.77     -1.22      -1.61
AVERAGE BACKFAT                    0.70      0.72      0.69      0.72       0.70
AVERAGE LOIN DEPTH (LD)            2.35      2.69      2.72      2.48       2.65
LOINEYE AREA (LD Converted)        7.05      8.08      8.18      7.46       7.96
AVERAGE LEAN PERCENT              53.71     55.56     55.69     54.97      55.44
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,294
CARCASS BASE PRICE                60.94
AVERAGE NET PRICE                 65.16
AVERAGE OF LOWEST NET LOTS        60.95
AVERAGE OF HIGHEST NET LOTS       74.81
AVERAGE LIVE WT                  274.20
AVERAGE CARCASS WT               207.01
AVERAGE SORT LOSS                 -1.21
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.87
AVERAGE LEAN PERCENT              56.02
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      107,480
AVERAGE LIVE WT                  282.00
AVERAGE CARCASS WT               214.20
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.55
AVERAGE LEAN PERCENT              53.68
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.96 lbs carcass;  BF 0.71;  LD 2.62;  LEA 7.89;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $62.38
                    Wtd Avg Net Price        $64.46
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 02, 2016                  346,612
   February 03, 2016                  367,908
   February 04, 2016                  344,411
   February 05, 2016                  337,647
   February 06, 2016                  114,593
   February 07, 2016                   29,551
   February 08, 2016                  143,309
   February 09, 2016                  136,228
   February 10, 2016                  137,379
   February 11, 2016                  135,489
   February 12, 2016                  121,977
   February 13, 2016                   18,239
   February 14, 2016                   15,004
   February 15, 2016                  104,155
--------------------------------------------------------------------------------
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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