National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/13/2016

Past Market Reports

Report Date: 5/13/2016

LM_HG201
Des Moines, Iowa               Fri, May 13, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, May 12, 2016

Barrows and Gilts (Live and Carcass Basis): 418,273

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

HEAD COUNT                        9,015    34,263   168,627    67,527    279,432
CARCASS BASE PRICE                71.86     74.76     74.06     74.05      74.09
AVERAGE NET PRICE                 73.90     77.45     76.67     75.53      76.41
LOWEST NET LOT                    63.15     65.37     67.56     66.99      66.45
HIGHEST NET LOT                   79.25     86.93     91.46     84.24      85.35
AVERAGE LIVE WT                  271.47    282.89    282.54    282.72     282.25
AVERAGE CARCASS WT               200.29    214.47    213.32    213.60     213.17
AVERAGE SORT LOSS                 -2.09     -1.59     -1.69     -1.26      -1.58
AVERAGE BACKFAT                    0.63      0.73      0.71      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.35      2.76      2.74      2.56       2.69
LOINEYE AREA (LD Converted)        7.05      8.30      8.24      7.68       8.07
AVERAGE LEAN PERCENT              54.56     55.44     55.67     55.21      55.49
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,463
CARCASS BASE PRICE                75.11
AVERAGE NET PRICE                 78.33
AVERAGE OF LOWEST NET LOTS        70.74
AVERAGE OF HIGHEST NET LOTS       80.90
AVERAGE LIVE WT                  266.82
AVERAGE CARCASS WT               204.59
AVERAGE SORT LOSS                 -1.65
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.92
AVERAGE LEAN PERCENT              56.27
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      120,378
AVERAGE LIVE WT                  287.18
AVERAGE CARCASS WT               216.92
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.65
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.85 lbs carcass;  BF 0.71;  LD 2.64;  LEA 7.94;  FFLI  52.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $74.14
                    Wtd Avg Net Price        $76.53
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 13, 2016                       337,371
   May 14, 2016                        36,719
   May 15, 2016                        47,926
   May 16, 2016                       435,652
   May 17, 2016                       332,898
   May 18, 2016                       330,846
   May 19, 2016                       293,586
   May 20, 2016                       255,586
   May 21, 2016                        25,903
   May 22, 2016                        23,046
   May 23, 2016                       115,040
   May 24, 2016                       119,326
   May 25, 2016                       116,381
   May 26, 2016                       113,405
--------------------------------------------------------------------------------
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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