National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/3/2016

Past Market Reports

Report Date: 5/3/2016

LM_HG201
Des Moines, Iowa               Tue, May 03, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, May 2, 2016

Barrows and Gilts (Live and Carcass Basis): 398,995

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

HEAD COUNT                        9,354    49,580   141,362    67,575    267,871
CARCASS BASE PRICE                68.17     73.20     69.93     72.19      71.11
AVERAGE NET PRICE                 69.63     75.87     72.32     73.68      73.27
LOWEST NET LOT                    61.52     62.53     55.88     62.04      62.18
HIGHEST NET LOT                   77.04     85.70     80.76     84.19      83.06
AVERAGE LIVE WT                  268.25    281.13    281.94    280.56     280.95
AVERAGE CARCASS WT               204.45    212.46    213.33    212.67     212.72
AVERAGE SORT LOSS                 -2.19     -1.51     -1.71     -1.18      -1.54
AVERAGE BACKFAT                    0.61      0.71      0.70      0.71       0.70
AVERAGE LOIN DEPTH (LD)            2.23      2.72      2.72      2.53       2.66
LOINEYE AREA (LD Converted)        6.69      8.18      8.18      7.61       8.01
AVERAGE LEAN PERCENT              54.21     55.67     55.62     55.10      55.48
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,916
CARCASS BASE PRICE                71.06
AVERAGE NET PRICE                 72.90
AVERAGE OF LOWEST NET LOTS        68.68
AVERAGE OF HIGHEST NET LOTS       77.38
AVERAGE LIVE WT                  266.79
AVERAGE CARCASS WT               208.17
AVERAGE SORT LOSS                 -1.95
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.57
LOINEYE AREA (LD Converted)        7.72
AVERAGE LEAN PERCENT              55.59
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      111,208
AVERAGE LIVE WT                  287.56
AVERAGE CARCASS WT               217.00
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.66
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.79 lbs carcass;  BF 0.70;  LD 2.62;  LEA 7.87;  FFLI  52.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $71.10
                    Wtd Avg Net Price        $73.25
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 03, 2016                       399,856
   May 04, 2016                       389,887
   May 05, 2016                       389,734
   May 06, 2016                       336,916
   May 07, 2016                        58,359
   May 08, 2016                        22,961
   May 09, 2016                       148,972
   May 10, 2016                       157,056
   May 11, 2016                       154,840
   May 12, 2016                       148,244
   May 13, 2016                       123,222
   May 14, 2016                         7,395
   May 15, 2016                        16,574
   May 16, 2016                       103,514
--------------------------------------------------------------------------------
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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