National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/20/2016

Past Market Reports

Report Date: 5/20/2016

LM_HG201
Des Moines, Iowa               Fri, May 20, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, May 19, 2016

Barrows and Gilts (Live and Carcass Basis): 369,290

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

HEAD COUNT                        8,723    41,228   148,384    65,230    263,565
CARCASS BASE PRICE                74.62     75.98     76.44     76.14      76.24
AVERAGE NET PRICE                 76.38     79.19     79.02     77.58      78.60
LOWEST NET LOT                    65.47     69.46     63.70     62.23      64.93
HIGHEST NET LOT                   82.31     86.67     97.58     84.38      89.25
AVERAGE LIVE WT                  271.83    279.22    282.67    281.43     281.44
AVERAGE CARCASS WT               201.73    212.06    213.24    213.10     212.68
AVERAGE SORT LOSS                 -2.97     -1.46     -1.72     -1.20      -1.58
AVERAGE BACKFAT                    0.68      0.71      0.70      0.72       0.71
AVERAGE LOIN DEPTH (LD)            2.31      2.74      2.73      2.52       2.67
LOINEYE AREA (LD Converted)        6.93      8.25      8.20      7.56       8.02
AVERAGE LEAN PERCENT              54.21     55.70     55.57     55.13      55.45
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,967
CARCASS BASE PRICE                77.61
AVERAGE NET PRICE                 81.06
AVERAGE OF LOWEST NET LOTS        74.40
AVERAGE OF HIGHEST NET LOTS       81.11
AVERAGE LIVE WT                  265.80
AVERAGE CARCASS WT               201.71
AVERAGE SORT LOSS                 -1.27
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.54
LOINEYE AREA (LD Converted)        7.63
AVERAGE LEAN PERCENT              56.29
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       89,758
AVERAGE LIVE WT                  285.92
AVERAGE CARCASS WT               213.88
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.65
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.49 lbs carcass;  BF 0.71;  LD 2.62;  LEA 7.87;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $76.31
                    Wtd Avg Net Price        $78.74
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 20, 2016                       321,130
   May 21, 2016                        34,626
   May 22, 2016                        46,603
   May 23, 2016                       300,526
   May 24, 2016                       297,326
   May 25, 2016                       296,037
   May 26, 2016                       298,660
   May 27, 2016                       252,685
   May 28, 2016                             0
   May 29, 2016                             0
   May 30, 2016                        22,466
   May 31, 2016                       141,765
   June 01, 2016                      117,976
   June 02, 2016                      110,632
--------------------------------------------------------------------------------
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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