National Daily Direct Hog Prior Day - Slaughtered Swine

1. Cattle.com
2. Market Reports
3. Iowa
4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 3/16/2016

Past Market Reports

Report Date: 3/16/2016

LM_HG201
Des Moines, Iowa               Wed, Mar 16, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, March 15, 2016

Barrows and Gilts (Live and Carcass Basis): 406,792

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

HEAD COUNT                       10,325    30,713   180,037    53,549    274,624
CARCASS BASE PRICE                62.27     66.60     64.47     68.04      65.38
AVERAGE NET PRICE                 63.83     68.75     66.94     69.96      67.64
LOWEST NET LOT                    57.06     53.26     55.05     64.37      57.66
HIGHEST NET LOT                   70.33     76.11     81.07     88.69      78.13
AVERAGE LIVE WT                  268.52    284.70    280.69    277.40     280.11
AVERAGE CARCASS WT               199.22    216.01    212.14    209.73     211.66
AVERAGE SORT LOSS                 -1.95     -1.99     -1.64     -0.89      -1.52
AVERAGE BACKFAT                    0.69      0.72      0.69      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.35      2.71      2.74      2.48       2.67
LOINEYE AREA (LD Converted)        7.05      8.16      8.24      7.46       8.02
AVERAGE LEAN PERCENT              54.26     55.45     55.82     55.10      55.56
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,253
CARCASS BASE PRICE                64.98
AVERAGE NET PRICE                 68.49
AVERAGE OF LOWEST NET LOTS        63.26
AVERAGE OF HIGHEST NET LOTS       70.48
AVERAGE LIVE WT                  264.11
AVERAGE CARCASS WT               200.41
AVERAGE SORT LOSS                 -1.42
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.86
AVERAGE LEAN PERCENT              56.60
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      116,915
AVERAGE LIVE WT                  285.94
AVERAGE CARCASS WT               215.10
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.86
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.22 lbs carcass;  BF 0.70;  LD 2.63;  LEA 7.90;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.36
                    Wtd Avg Net Price        $67.69
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 16, 2016                     411,763
   March 17, 2016                     327,185
   March 18, 2016                     323,619
   March 19, 2016                      80,952
   March 20, 2016                      34,652
   March 21, 2016                     161,838
   March 22, 2016                     184,694
   March 23, 2016                     188,202
   March 24, 2016                     178,067
   March 25, 2016                     150,305
   March 26, 2016                      14,565
   March 27, 2016                      13,142
   March 28, 2016                     103,731
   March 29, 2016                     111,644
--------------------------------------------------------------------------------
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
1000C




.