National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/3/2016

Past Market Reports

Report Date: 3/3/2016

LM_HG201
Des Moines, Iowa               Thu, Mar 03, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, March 2, 2016

Barrows and Gilts (Live and Carcass Basis): 407,499

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

HEAD COUNT                        6,168    36,256   175,324    57,131    274,879
CARCASS BASE PRICE                62.12     66.63     64.62     67.60      65.52
AVERAGE NET PRICE                 63.93     68.97     67.10     69.22      67.76
LOWEST NET LOT                    54.41     58.70     56.48     62.49      58.11
HIGHEST NET LOT                   67.47     77.23     79.75     82.28      78.60
AVERAGE LIVE WT                  265.06    282.78    281.74    278.25     280.79
AVERAGE CARCASS WT               195.98    213.49    212.69    209.82     211.86
AVERAGE SORT LOSS                 -1.93     -1.76     -1.63     -0.95      -1.48
AVERAGE BACKFAT                    0.68      0.71      0.69      0.70       0.70
AVERAGE LOIN DEPTH (LD)            2.34      2.74      2.74      2.53       2.68
LOINEYE AREA (LD Converted)        7.03      8.24      8.23      7.59       8.04
AVERAGE LEAN PERCENT              53.96     55.76     55.75     55.28      55.59
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,022
CARCASS BASE PRICE                64.73
AVERAGE NET PRICE                 68.80
AVERAGE OF LOWEST NET LOTS        58.88
AVERAGE OF HIGHEST NET LOTS       76.53
AVERAGE LIVE WT                  270.08
AVERAGE CARCASS WT               204.55
AVERAGE SORT LOSS                 -1.73
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.11
AVERAGE LEAN PERCENT              56.69
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      117,598
AVERAGE LIVE WT                  284.92
AVERAGE CARCASS WT               215.38
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.84
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.62 lbs carcass;  BF 0.70;  LD 2.64;  LEA 7.93;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.49
                    Wtd Avg Net Price        $67.81
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 03, 2016                     404,273
   March 04, 2016                     328,183
   March 05, 2016                      80,118
   March 06, 2016                      42,473
   March 07, 2016                     223,459
   March 08, 2016                     224,321
   March 09, 2016                     223,741
   March 10, 2016                     224,272
   March 11, 2016                     186,403
   March 12, 2016                      15,377
   March 13, 2016                      18,012
   March 14, 2016                     115,353
   March 15, 2016                     126,240
   March 16, 2016                     108,357
--------------------------------------------------------------------------------
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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