National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/28/2016

Past Market Reports

Report Date: 3/28/2016

LM_HG201
Des Moines, Iowa               Mon, Mar 28, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, March 25, 2016 and Saturday, March 26, 2016

Barrows and Gilts (Live and Carcass Basis): 414,254

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

HEAD COUNT                        9,039    31,419   164,679    53,523    258,660
CARCASS BASE PRICE                60.62     64.82     62.38     66.80      63.61
AVERAGE NET PRICE                 63.42     67.68     64.96     68.51      66.01
LOWEST NET LOT                    58.42     59.61     52.53     57.35      58.06
HIGHEST NET LOT                   66.99     74.36     75.85     87.34      76.43
AVERAGE LIVE WT                  267.97    285.27    282.90    280.03     282.06
AVERAGE CARCASS WT               200.29    217.65    214.55    212.16     213.95
AVERAGE SORT LOSS                 -1.36     -2.18     -1.76     -1.10      -1.64
AVERAGE BACKFAT                    0.66      0.72      0.68      0.68       0.68
AVERAGE LOIN DEPTH (LD)            2.42      2.74      2.74      2.51       2.67
LOINEYE AREA (LD Converted)        7.26      8.23      8.24      7.53       8.02
AVERAGE LEAN PERCENT              54.45     55.42     55.77     55.33      55.56
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,407
CARCASS BASE PRICE                62.74
AVERAGE NET PRICE                 65.84
AVERAGE OF LOWEST NET LOTS        62.63
AVERAGE OF HIGHEST NET LOTS       68.35
AVERAGE LIVE WT                  268.36
AVERAGE CARCASS WT               203.85
AVERAGE SORT LOSS                 -1.37
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.55
LOINEYE AREA (LD Converted)        7.67
AVERAGE LEAN PERCENT              56.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      142,187
AVERAGE LIVE WT                  290.33
AVERAGE CARCASS WT               218.31
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              53.77
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.13 lbs carcass;  BF 0.69;  LD 2.63;  LEA 7.90;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.57
                    Wtd Avg Net Price        $66.00
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 28, 2016                     300,515
   March 29, 2016                     364,248
   March 30, 2016                     361,814
   March 31, 2016                     362,812
   April 01, 2016                     322,187
   April 02, 2016                     101,082
   April 03, 2016                      23,892
   April 04, 2016                     136,845
   April 05, 2016                     131,192
   April 06, 2016                     127,265
   April 07, 2016                     111,330
   April 08, 2016                      92,337
   April 09, 2016                       3,778
   April 10, 2016                      12,882
--------------------------------------------------------------------------------
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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