National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/7/2016

Past Market Reports

Report Date: 3/7/2016

LM_HG201
Des Moines, Iowa               Mon, Mar 07, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, March 4, 2016 and Saturday, March 5, 2016

Barrows and Gilts (Live and Carcass Basis): 475,998

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

HEAD COUNT                       14,184    39,824   193,241    60,811    308,060
CARCASS BASE PRICE                63.95     65.50     64.22     67.61      65.08
AVERAGE NET PRICE                 65.09     68.37     66.56     69.38      67.31
LOWEST NET LOT                    54.91     56.51     56.24     48.96      54.08
HIGHEST NET LOT                   67.57     76.42     77.84     94.74      79.38
AVERAGE LIVE WT                  272.67    285.45    283.69    277.57     282.39
AVERAGE CARCASS WT               205.98    215.80    214.72    209.19     213.37
AVERAGE SORT LOSS                 -1.05     -1.94     -1.79     -0.88      -1.58
AVERAGE BACKFAT                    0.71      0.72      0.71      0.70       0.71
AVERAGE LOIN DEPTH (LD)            2.43      2.76      2.75      2.48       2.67
LOINEYE AREA (LD Converted)        7.31      8.29      8.26      7.46       8.03
AVERAGE LEAN PERCENT              53.83     55.80     55.71     55.25      55.53
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,229
CARCASS BASE PRICE                64.43
AVERAGE NET PRICE                 68.13
AVERAGE OF LOWEST NET LOTS        63.94
AVERAGE OF HIGHEST NET LOTS       71.13
AVERAGE LIVE WT                  273.23
AVERAGE CARCASS WT               207.39
AVERAGE SORT LOSS                 -1.59
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.06
AVERAGE LEAN PERCENT              56.19
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      157,709
AVERAGE LIVE WT                  288.67
AVERAGE CARCASS WT               217.75
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.55
AVERAGE LEAN PERCENT              53.75
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.71 lbs carcass;  BF 0.71;  LD 2.64;  LEA 7.93;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.06
                    Wtd Avg Net Price        $67.34
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 07, 2016                     416,968
   March 08, 2016                     390,676
   March 09, 2016                     383,486
   March 10, 2016                     383,395
   March 11, 2016                     324,071
   March 12, 2016                      51,859
   March 13, 2016                      28,460
   March 14, 2016                     130,574
   March 15, 2016                     135,371
   March 16, 2016                     126,123
   March 17, 2016                     115,733
   March 18, 2016                     100,647
   March 19, 2016                       6,845
   March 20, 2016                      14,707
--------------------------------------------------------------------------------
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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