National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/26/2016

Past Market Reports

Report Date: 5/26/2016

LM_HG201
Des Moines, Iowa               Thu, May 26, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, May 25, 2016

Barrows and Gilts (Live and Carcass Basis): 401,009

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

HEAD COUNT                        8,602    41,597   145,314    69,657    265,170
CARCASS BASE PRICE                74.97     75.92     76.01     76.51      76.10
AVERAGE NET PRICE                 77.45     79.16     78.47     78.07      78.45
LOWEST NET LOT                    67.73     68.02     67.11     68.19      68.03
HIGHEST NET LOT                   81.02     85.89     93.92     93.52      90.69
AVERAGE LIVE WT                  267.73    280.64    280.88    279.38     280.01
AVERAGE CARCASS WT               197.43    212.82    212.13    211.61     211.71
AVERAGE SORT LOSS                 -1.77     -1.43     -1.65     -1.10      -1.47
AVERAGE BACKFAT                    0.69      0.71      0.71      0.70       0.71
AVERAGE LOIN DEPTH (LD)            2.28      2.73      2.72      2.51       2.65
LOINEYE AREA (LD Converted)        6.84      8.20      8.18      7.55       7.98
AVERAGE LEAN PERCENT              54.43     55.64     55.59     55.24      55.48
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,678
CARCASS BASE PRICE                77.06
AVERAGE NET PRICE                 79.74
AVERAGE OF LOWEST NET LOTS        75.55
AVERAGE OF HIGHEST NET LOTS       84.06
AVERAGE LIVE WT                  264.95
AVERAGE CARCASS WT               203.66
AVERAGE SORT LOSS                 -1.24
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.55
LOINEYE AREA (LD Converted)        7.67
AVERAGE LEAN PERCENT              55.87
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      118,161
AVERAGE LIVE WT                  285.00
AVERAGE CARCASS WT               214.97
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.55
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.33 lbs carcass;  BF 0.71;  LD 2.61;  LEA 7.84;  FFLI  52.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $76.15
                    Wtd Avg Net Price        $78.53
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 26, 2016                       403,970
   May 27, 2016                       324,502
   May 28, 2016                        37,419
   May 29, 2016                             0
   May 30, 2016                        35,146
   May 31, 2016                       249,944
   June 01, 2016                      245,385
   June 02, 2016                      245,832
   June 03, 2016                      206,893
   June 04, 2016                       58,820
   June 05, 2016                       14,731
   June 06, 2016                      106,479
   June 07, 2016                       94,701
   June 08, 2016                       88,090
--------------------------------------------------------------------------------
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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