National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/11/2016

Past Market Reports

Report Date: 3/11/2016

LM_HG201
Des Moines, Iowa               Fri, Mar 11, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, March 10, 2016

Barrows and Gilts (Live and Carcass Basis): 408,259

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

HEAD COUNT                        8,785    36,099   177,108    56,538    278,530
CARCASS BASE PRICE                62.09     66.32     64.58     67.82      65.46
AVERAGE NET PRICE                 63.66     68.94     66.84     69.44      67.57
LOWEST NET LOT                    52.39     55.67     54.15     59.43      56.13
HIGHEST NET LOT                   68.58     77.93     81.33     76.40      77.65
AVERAGE LIVE WT                  269.82    285.10    282.60    277.13     281.47
AVERAGE CARCASS WT               203.54    215.54    213.34    209.04     212.44
AVERAGE SORT LOSS                 -2.12     -2.18     -1.81     -0.96      -1.66
AVERAGE BACKFAT                    0.70      0.70      0.70      0.70       0.70
AVERAGE LOIN DEPTH (LD)            2.30      2.75      2.74      2.48       2.67
LOINEYE AREA (LD Converted)        6.90      8.28      8.23      7.45       8.01
AVERAGE LEAN PERCENT              53.86     55.75     55.71     55.17      55.54
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,235
CARCASS BASE PRICE                64.73
AVERAGE NET PRICE                 68.94
AVERAGE OF LOWEST NET LOTS        65.70
AVERAGE OF HIGHEST NET LOTS       74.81
AVERAGE LIVE WT                  271.09
AVERAGE CARCASS WT               206.55
AVERAGE SORT LOSS                 -1.66
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        7.99
AVERAGE LEAN PERCENT              56.43
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,494
AVERAGE LIVE WT                  287.92
AVERAGE CARCASS WT               216.89
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.76
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.46 lbs carcass;  BF 0.70;  LD 2.63;  LEA 7.91;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.43
                    Wtd Avg Net Price        $67.65
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 11, 2016                     354,444
   March 12, 2016                      58,949
   March 13, 2016                      54,952
   March 14, 2016                     347,779
   March 15, 2016                     350,912
   March 16, 2016                     340,268
   March 17, 2016                     280,993
   March 18, 2016                     276,572
   March 19, 2016                      67,665
   March 20, 2016                      23,842
   March 21, 2016                     113,563
   March 22, 2016                     121,828
   March 23, 2016                     120,860
   March 24, 2016                     109,536
--------------------------------------------------------------------------------
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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