National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/27/2016

Past Market Reports

Report Date: 4/27/2016

LM_HG201
Des Moines, Iowa               Wed, Apr 27, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, April 26, 2016

Barrows and Gilts (Live and Carcass Basis): 398,117

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

HEAD COUNT                        8,697    37,755   154,658    62,920    264,030
CARCASS BASE PRICE                65.12     71.94     67.02     69.83      68.39
AVERAGE NET PRICE                 66.61     75.05     69.51     71.32      70.66
LOWEST NET LOT                    58.77     61.48     49.40     63.18      59.59
HIGHEST NET LOT                   71.53     84.16     82.63     85.77      83.34
AVERAGE LIVE WT                  269.66    280.45    281.33    280.16     280.56
AVERAGE CARCASS WT               201.40    212.26    212.44    211.69     211.89
AVERAGE SORT LOSS                 -1.87     -1.62     -1.72     -1.20      -1.57
AVERAGE BACKFAT                    0.71      0.71      0.70      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.27      2.73      2.72      2.52       2.66
LOINEYE AREA (LD Converted)        6.80      8.21      8.18      7.57       8.00
AVERAGE LEAN PERCENT              53.82     55.65     55.64     55.10      55.46
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,758
CARCASS BASE PRICE                67.99
AVERAGE NET PRICE                 71.36
AVERAGE OF LOWEST NET LOTS        65.77
AVERAGE OF HIGHEST NET LOTS       75.20
AVERAGE LIVE WT                  269.00
AVERAGE CARCASS WT               206.01
AVERAGE SORT LOSS                 -1.96
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.61
LOINEYE AREA (LD Converted)        7.83
AVERAGE LEAN PERCENT              55.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,329
AVERAGE LIVE WT                  287.39
AVERAGE CARCASS WT               216.51
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.71
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.96 lbs carcass;  BF 0.71;  LD 2.62;  LEA 7.88;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $68.37
                    Wtd Avg Net Price        $70.70
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 27, 2016                     411,924
   April 28, 2016                     357,267
   April 29, 2016                     297,255
   April 30, 2016                      51,153
   May 01, 2016                        38,776
   May 02, 2016                       201,574
   May 03, 2016                       202,610
   May 04, 2016                       203,722
   May 05, 2016                       200,963
   May 06, 2016                       168,769
   May 07, 2016                             0
   May 08, 2016                        13,631
   May 09, 2016                       115,927
   May 10, 2016                       112,522
--------------------------------------------------------------------------------
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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