National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/25/2016

Past Market Reports

Report Date: 4/25/2016

LM_HG201
Des Moines, Iowa               Mon, Apr 25, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, April 22, 2016 and Saturday, April 23, 2016

Barrows and Gilts (Live and Carcass Basis): 477,681

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

HEAD COUNT                        9,108    38,985   204,840    70,009    322,942
CARCASS BASE PRICE                63.61     71.26     66.04     69.33      67.39
AVERAGE NET PRICE                 64.60     74.37     68.44     70.40      69.49
LOWEST NET LOT                    57.38     61.20     48.07     61.58      59.36
HIGHEST NET LOT                   72.00     83.14     80.13     79.68      78.75
AVERAGE LIVE WT                  275.28    285.19    283.25    285.43     283.74
AVERAGE CARCASS WT               209.06    215.88    214.24    216.32     214.77
AVERAGE SORT LOSS                 -2.37     -2.04     -1.78     -1.34      -1.72
AVERAGE BACKFAT                    0.75      0.73      0.71      0.72       0.72
AVERAGE LOIN DEPTH (LD)            2.39      2.80      2.75      2.55       2.70
LOINEYE AREA (LD Converted)        7.19      8.44      8.26      7.67       8.13
AVERAGE LEAN PERCENT              53.33     55.71     55.58     55.25      55.47
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,014
CARCASS BASE PRICE                67.13
AVERAGE NET PRICE                 68.88
AVERAGE OF LOWEST NET LOTS        65.47
AVERAGE OF HIGHEST NET LOTS       73.42
AVERAGE LIVE WT                  274.65
AVERAGE CARCASS WT               209.24
AVERAGE SORT LOSS                 -1.84
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.05
AVERAGE LEAN PERCENT              55.76
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      137,725
AVERAGE LIVE WT                  293.44
AVERAGE CARCASS WT               219.66
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.56
AVERAGE LEAN PERCENT              53.71
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.00 lbs carcass;  BF 0.72;  LD 2.67;  LEA 8.02;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $67.38
                    Wtd Avg Net Price        $69.46
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 25, 2016                     410,846
   April 26, 2016                     391,174
   April 27, 2016                     392,209
   April 28, 2016                     355,757
   April 29, 2016                     300,095
   April 30, 2016                      47,235
   May 01, 2016                        26,256
   May 02, 2016                       147,762
   May 03, 2016                       150,987
   May 04, 2016                       150,613
   May 05, 2016                       144,955
   May 06, 2016                       122,358
   May 07, 2016                           185
   May 08, 2016                        13,461
--------------------------------------------------------------------------------
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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