National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/22/2016

Past Market Reports

Report Date: 4/22/2016

LM_HG201
Des Moines, Iowa               Fri, Apr 22, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, April 21, 2016

Barrows and Gilts (Live and Carcass Basis): 399,119

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

HEAD COUNT                        8,735    36,701   163,252    53,330    262,018
CARCASS BASE PRICE                63.09     71.96     65.50     68.72      67.07
AVERAGE NET PRICE                 65.07     74.79     67.93     70.28      69.31
LOWEST NET LOT                    59.85     59.17     53.80     59.92      57.85
HIGHEST NET LOT                   72.38     83.13     84.90     83.00      82.59
AVERAGE LIVE WT                  268.59    284.41    283.22    280.18     282.30
AVERAGE CARCASS WT               200.46    214.62    213.96    212.11     213.28
AVERAGE SORT LOSS                 -1.99     -1.82     -1.81     -1.06      -1.64
AVERAGE BACKFAT                    0.64      0.72      0.71      0.71       0.71
AVERAGE LOIN DEPTH (LD)            2.34      2.76      2.75      2.51       2.69
LOINEYE AREA (LD Converted)        7.02      8.29      8.29      7.53       8.08
AVERAGE LEAN PERCENT              53.56     55.74     55.69     55.24      55.55
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,935
CARCASS BASE PRICE                65.87
AVERAGE NET PRICE                 69.29
AVERAGE OF LOWEST NET LOTS        64.87
AVERAGE OF HIGHEST NET LOTS       72.78
AVERAGE LIVE WT                  272.02
AVERAGE CARCASS WT               207.81
AVERAGE SORT LOSS                 -1.58
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.95
AVERAGE LEAN PERCENT              56.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      119,166
AVERAGE LIVE WT                  290.82
AVERAGE CARCASS WT               218.72
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              53.88
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.66 lbs carcass;  BF 0.71;  LD 2.65;  LEA 7.96;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $67.00
                    Wtd Avg Net Price        $69.31
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 22, 2016                     366,487
   April 23, 2016                      63,752
   April 24, 2016                      48,335
   April 25, 2016                     345,841
   April 26, 2016                     346,277
   April 27, 2016                     339,984
   April 28, 2016                     306,325
   April 29, 2016                     262,356
   April 30, 2016                      42,349
   May 01, 2016                        23,151
   May 02, 2016                       137,912
   May 03, 2016                       139,187
   May 04, 2016                       130,802
   May 05, 2016                       125,529
--------------------------------------------------------------------------------
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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