National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/1/2016

Past Market Reports

Report Date: 4/1/2016

LM_HG201
Des Moines, Iowa               Fri, Apr 01, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, March 31, 2016

Barrows and Gilts (Live and Carcass Basis): 408,602

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

HEAD COUNT                        9,164    33,435   178,455    53,537    274,591
CARCASS BASE PRICE                61.20     64.58     63.62     67.51      64.49
AVERAGE NET PRICE                 63.14     67.39     65.91     68.83      66.60
LOWEST NET LOT                    57.83     54.82     52.45     57.43      56.23
HIGHEST NET LOT                   67.66     79.00     78.33     78.23      77.38
AVERAGE LIVE WT                  271.05    284.85    282.89    280.54     282.27
AVERAGE CARCASS WT               202.09    216.06    213.72    212.16     213.35
AVERAGE SORT LOSS                 -2.09     -1.93     -1.66     -1.17      -1.59
AVERAGE BACKFAT                    0.68      0.71      0.70      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.38      2.74      2.73      2.51       2.67
LOINEYE AREA (LD Converted)        7.15      8.23      8.21      7.55       8.03
AVERAGE LEAN PERCENT              54.13     55.61     55.68     55.09      55.49
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,132
CARCASS BASE PRICE                64.04
AVERAGE NET PRICE                 67.08
AVERAGE OF LOWEST NET LOTS        60.62
AVERAGE OF HIGHEST NET LOTS       69.83
AVERAGE LIVE WT                  272.34
AVERAGE CARCASS WT               207.97
AVERAGE SORT LOSS                 -1.77
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.00
AVERAGE LEAN PERCENT              55.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,879
AVERAGE LIVE WT                  288.35
AVERAGE CARCASS WT               217.94
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.63
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.42 lbs carcass;  BF 0.71;  LD 2.63;  LEA 7.90;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.46
                    Wtd Avg Net Price        $66.63
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 01, 2016                     373,693
   April 02, 2016                     122,684
   April 03, 2016                      52,519
   April 04, 2016                     349,168
   April 05, 2016                     350,217
   April 06, 2016                     340,574
   April 07, 2016                     281,376
   April 08, 2016                     280,285
   April 09, 2016                      41,003
   April 10, 2016                      22,272
   April 11, 2016                     104,686
   April 12, 2016                     135,060
   April 13, 2016                     135,168
   April 14, 2016                     117,393
--------------------------------------------------------------------------------
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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