Report Date: 2/24/2016
LM_HG201
Des Moines, Iowa Wed, Feb 24, 2016 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, February 23, 2016
Barrows and Gilts (Live and Carcass Basis): 412,944
NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
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Producer Sold:
HEAD COUNT 11,055 33,072 171,963 60,065 276,155
CARCASS BASE PRICE 62.56 66.29 64.27 67.48 65.22
AVERAGE NET PRICE 64.48 68.44 66.67 68.78 67.29
LOWEST NET LOT 53.14 56.34 49.70 61.77 55.82
HIGHEST NET LOT 71.93 78.00 78.18 76.29 77.42
AVERAGE LIVE WT 278.82 284.19 281.62 281.17 281.73
AVERAGE CARCASS WT 204.09 215.54 212.43 211.82 212.39
AVERAGE SORT LOSS -1.45 -2.02 -1.67 -1.24 -1.59
AVERAGE BACKFAT 0.71 0.73 0.69 0.71 0.70
AVERAGE LOIN DEPTH (LD) 2.33 2.68 2.74 2.51 2.65
LOINEYE AREA (LD Converted) 7.01 8.06 8.24 7.54 7.98
AVERAGE LEAN PERCENT 53.77 55.25 55.81 55.20 55.49
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 18,935
CARCASS BASE PRICE 64.48
AVERAGE NET PRICE 68.20
AVERAGE OF LOWEST NET LOTS 63.81
AVERAGE OF HIGHEST NET LOTS 71.89
AVERAGE LIVE WT 265.88
AVERAGE CARCASS WT 201.99
AVERAGE SORT LOSS -1.31
AVERAGE BACKFAT 0.64
AVERAGE LOIN DEPTH (LD) 2.57
LOINEYE AREA (LD Converted) 7.73
AVERAGE LEAN PERCENT 56.16
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 117,854
AVERAGE LIVE WT 282.86
AVERAGE CARCASS WT 213.87
AVERAGE BACKFAT 0.69
AVERAGE LOIN DEPTH (LD) 2.49
AVERAGE LEAN PERCENT 53.90
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.34 lbs carcass; BF 0.69; LD 2.61; LEA 7.85; FFLI 52.80%
CARCASS-BASED PURCHASES:
Wtd Avg Base $65.19
Wtd Avg Net Price $67.35
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
February 24, 2016 413,605
February 25, 2016 355,706
February 26, 2016 343,576
February 27, 2016 46,637
February 28, 2016 35,085
February 29, 2016 167,608
March 01, 2016 176,861
March 02, 2016 176,583
March 03, 2016 172,642
March 04, 2016 142,048
March 05, 2016 8,768
March 06, 2016 15,922
March 07, 2016 109,094
March 08, 2016 108,207
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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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