National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/16/2016

Past Market Reports

Report Date: 2/16/2016

LM_HG201
Des Moines, Iowa               Tue, Feb 16, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 15, 2016

Barrows and Gilts (Live and Carcass Basis): 386,897

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

HEAD COUNT                        5,638    28,441   169,268    59,698    263,045
CARCASS BASE PRICE                62.84     64.91     63.81     67.66      64.83
AVERAGE NET PRICE                 63.42     67.20     66.13     68.85      66.83
LOWEST NET LOT                    49.06     57.63     53.82     57.76      55.50
HIGHEST NET LOT                   67.23     77.27     75.61     76.47      75.07
AVERAGE LIVE WT                  279.52    285.24    281.44    277.41     280.91
AVERAGE CARCASS WT               205.77    214.97    212.42    209.34     211.87
AVERAGE SORT LOSS                 -1.29     -1.96     -1.82     -1.19      -1.66
AVERAGE BACKFAT                    0.82      0.73      0.69      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.48      2.71      2.75      2.49       2.67
LOINEYE AREA (LD Converted)        7.46      8.14      8.26      7.48       8.03
AVERAGE LEAN PERCENT              54.44     55.27     55.81     54.98      55.52
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,434
CARCASS BASE PRICE                64.67
AVERAGE NET PRICE                 67.25
AVERAGE OF LOWEST NET LOTS        61.54
AVERAGE OF HIGHEST NET LOTS       67.86
AVERAGE LIVE WT                  278.33
AVERAGE CARCASS WT               207.48
AVERAGE SORT LOSS                 -1.42
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.01
AVERAGE LEAN PERCENT              56.14
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      110,418
AVERAGE LIVE WT                  279.09
AVERAGE CARCASS WT               212.87
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.61
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.01 lbs carcass;  BF 0.70;  LD 2.63;  LEA 7.91;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.82
                    Wtd Avg Net Price        $66.85
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 16, 2016                  417,684
   February 17, 2016                  388,803
   February 18, 2016                  388,765
   February 19, 2016                  343,907
   February 20, 2016                   96,480
   February 21, 2016                   33,451
   February 22, 2016                  156,604
   February 23, 2016                  162,652
   February 24, 2016                  157,721
   February 25, 2016                  156,554
   February 26, 2016                  127,771
   February 27, 2016                    2,800
   February 28, 2016                   15,792
   February 29, 2016                  106,147
--------------------------------------------------------------------------------
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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