Report Date: 2/23/2016
LM_HG201
Des Moines, Iowa Tue, Feb 23, 2016 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 22, 2016
Barrows and Gilts (Live and Carcass Basis): 394,026
NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
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Producer Sold:
HEAD COUNT 10,932 35,099 164,617 53,751 264,399
CARCASS BASE PRICE 62.67 66.09 64.22 67.58 65.16
AVERAGE NET PRICE 64.30 68.13 66.58 69.16 67.24
LOWEST NET LOT 50.60 56.61 56.14 50.93 53.88
HIGHEST NET LOT 71.01 76.86 76.29 75.87 74.94
AVERAGE LIVE WT 266.57 285.07 281.37 278.24 280.65
AVERAGE CARCASS WT 201.51 215.05 212.45 209.61 211.79
AVERAGE SORT LOSS -1.60 -1.91 -1.78 -0.83 -1.56
AVERAGE BACKFAT 0.70 0.74 0.69 0.71 0.70
AVERAGE LOIN DEPTH (LD) 2.37 2.72 2.73 2.51 2.67
LOINEYE AREA (LD Converted) 7.12 8.19 8.21 7.54 8.01
AVERAGE LEAN PERCENT 54.47 55.32 55.75 55.09 55.49
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 16,648
CARCASS BASE PRICE 64.86
AVERAGE NET PRICE 68.12
AVERAGE OF LOWEST NET LOTS 61.36
AVERAGE OF HIGHEST NET LOTS 63.05
AVERAGE LIVE WT 268.71
AVERAGE CARCASS WT 204.44
AVERAGE SORT LOSS -1.38
AVERAGE BACKFAT 0.63
AVERAGE LOIN DEPTH (LD) 2.61
LOINEYE AREA (LD Converted) 7.84
AVERAGE LEAN PERCENT 55.80
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 112,979
AVERAGE LIVE WT 280.26
AVERAGE CARCASS WT 212.14
AVERAGE BACKFAT 0.69
AVERAGE LOIN DEPTH (LD) 2.48
AVERAGE LEAN PERCENT 53.85
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.57 lbs carcass; BF 0.70; LD 2.62; LEA 7.88; FFLI 52.80%
CARCASS-BASED PURCHASES:
Wtd Avg Base $65.14
Wtd Avg Net Price $67.30
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
February 23, 2016 418,268
February 24, 2016 387,417
February 25, 2016 352,811
February 26, 2016 342,561
February 27, 2016 37,127
February 28, 2016 31,802
February 29, 2016 155,759
March 01, 2016 164,293
March 02, 2016 149,621
March 03, 2016 147,344
March 04, 2016 120,275
March 05, 2016 7,630
March 06, 2016 15,922
March 07, 2016 102,916
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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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