National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/22/2016

Past Market Reports

Report Date: 2/22/2016

LM_HG201
Des Moines, Iowa               Mon, Feb 22, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, February 19, 2016 and Saturday, February 20, 2016

Barrows and Gilts (Live and Carcass Basis): 532,464

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

HEAD COUNT                       15,990    45,937   227,103    77,619    366,649
CARCASS BASE PRICE                63.23     65.64     63.87     67.55      64.88
AVERAGE NET PRICE                 64.62     68.08     66.48     68.58      67.06
LOWEST NET LOT                    56.43     56.37     53.28     49.59      53.69
HIGHEST NET LOT                   72.11     77.81     79.21     85.69      79.09
AVERAGE LIVE WT                  279.04    286.66    283.88    282.88     283.85
AVERAGE CARCASS WT               207.56    216.62    214.66    213.48     214.37
AVERAGE SORT LOSS                 -1.30     -2.30     -1.92     -1.32      -1.80
AVERAGE BACKFAT                    0.74      0.72      0.69      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.34      2.76      2.74      2.49       2.67
LOINEYE AREA (LD Converted)        7.04      8.30      8.24      7.48       8.02
AVERAGE LEAN PERCENT              53.57     55.72     55.75     55.17      55.54
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,773
CARCASS BASE PRICE                63.92
AVERAGE NET PRICE                 68.21
AVERAGE OF LOWEST NET LOTS        58.41
AVERAGE OF HIGHEST NET LOTS       69.64
AVERAGE LIVE WT                  271.24
AVERAGE CARCASS WT               205.67
AVERAGE SORT LOSS                 -1.66
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.89
AVERAGE LEAN PERCENT              56.18
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      146,042
AVERAGE LIVE WT                  287.44
AVERAGE CARCASS WT               216.04
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.56
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.51 lbs carcass;  BF 0.70;  LD 2.63;  LEA 7.90;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.84
                    Wtd Avg Net Price        $67.12
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 22, 2016                  425,969
   February 23, 2016                  386,948
   February 24, 2016                  384,582
   February 25, 2016                  351,586
   February 26, 2016                  342,723
   February 27, 2016                   42,372
   February 28, 2016                   22,962
   February 29, 2016                  119,856
   March 01, 2016                     127,967
   March 02, 2016                     119,963
   March 03, 2016                     118,606
   March 04, 2016                      97,512
   March 05, 2016                       4,425
   March 06, 2016                      15,922
--------------------------------------------------------------------------------
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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