National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/19/2016

Past Market Reports

Report Date: 2/19/2016

LM_HG201
Des Moines, Iowa               Fri, Feb 19, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, February 18, 2016

Barrows and Gilts (Live and Carcass Basis): 408,419

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

HEAD COUNT                       10,916    32,052   177,117    54,159    274,244
CARCASS BASE PRICE                63.16     66.46     64.24     67.92      65.22
AVERAGE NET PRICE                 64.05     68.64     66.54     69.45      67.28
LOWEST NET LOT                    53.23     59.96     48.51     53.75      54.09
HIGHEST NET LOT                   69.25     78.79     79.91     82.40      78.55
AVERAGE LIVE WT                  272.90    287.52    282.37    278.54     281.89
AVERAGE CARCASS WT               203.49    216.40    213.79    210.06     212.97
AVERAGE SORT LOSS                 -1.96     -2.08     -1.85     -1.06      -1.70
AVERAGE BACKFAT                    0.71      0.73      0.70      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.33      2.73      2.73      2.50       2.67
LOINEYE AREA (LD Converted)        6.98      8.20      8.20      7.52       8.02
AVERAGE LEAN PERCENT              53.72     55.58     55.62     55.06      55.45
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,173
CARCASS BASE PRICE                65.29
AVERAGE NET PRICE                 68.83
AVERAGE OF LOWEST NET LOTS        59.65
AVERAGE OF HIGHEST NET LOTS       69.72
AVERAGE LIVE WT                  270.58
AVERAGE CARCASS WT               204.46
AVERAGE SORT LOSS                 -1.56
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.53
LOINEYE AREA (LD Converted)        7.60
AVERAGE LEAN PERCENT              56.19
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      117,002
AVERAGE LIVE WT                  285.62
AVERAGE CARCASS WT               216.04
AVERAGE BACKFAT                    0.75
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.43
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.48 lbs carcass;  BF 0.71;  LD 2.63;  LEA 7.90;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.23
                    Wtd Avg Net Price        $67.38
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 19, 2016                  381,389
   February 20, 2016                  101,333
   February 21, 2016                   53,244
   February 22, 2016                  374,028
   February 23, 2016                  355,864
   February 24, 2016                  349,469
   February 25, 2016                  311,464
   February 26, 2016                  303,371
   February 27, 2016                   29,143
   February 28, 2016                   20,597
   February 29, 2016                  112,960
   March 01, 2016                     118,134
   March 02, 2016                     112,203
   March 03, 2016                     111,920
--------------------------------------------------------------------------------
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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