National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/7/2016

Past Market Reports

Report Date: 6/7/2016

LM_HG201
Des Moines, Iowa               Tue, Jun 07, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, June 6, 2016

Barrows and Gilts (Live and Carcass Basis): 367,860

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

HEAD COUNT                        8,800    38,868   127,332    84,079    259,079
CARCASS BASE PRICE                74.69     77.07     75.86     77.74      76.64
AVERAGE NET PRICE                 76.20     79.62     78.85     78.78      78.86
LOWEST NET LOT                    66.64     67.08     57.50     66.32      65.54
HIGHEST NET LOT                   82.63     85.10     94.22     91.92      90.24
AVERAGE LIVE WT                  275.12    281.33    281.03    278.14     279.93
AVERAGE CARCASS WT               206.55    212.79    212.61    210.72     211.81
AVERAGE SORT LOSS                 -1.93     -1.58     -1.73     -1.18      -1.52
AVERAGE BACKFAT                    0.65      0.69      0.66      0.72       0.68
AVERAGE LOIN DEPTH (LD)            2.37      2.71      2.71      2.52       2.64
LOINEYE AREA (LD Converted)        7.12      8.15      8.14      7.58       7.95
AVERAGE LEAN PERCENT              54.27     55.72     55.96     55.11      55.62
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,665
CARCASS BASE PRICE                77.66
AVERAGE NET PRICE                 81.37
AVERAGE OF LOWEST NET LOTS        72.60
AVERAGE OF HIGHEST NET LOTS       84.52
AVERAGE LIVE WT                  267.80
AVERAGE CARCASS WT               204.13
AVERAGE SORT LOSS                 -0.87
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.53
LOINEYE AREA (LD Converted)        7.58
AVERAGE LEAN PERCENT              56.30
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       92,116
AVERAGE LIVE WT                  282.74
AVERAGE CARCASS WT               216.17
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.55
AVERAGE LEAN PERCENT              53.65
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.56 lbs carcass;  BF 0.69;  LD 2.62;  LEA 7.88;  FFLI  53.00%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $76.69
                    Wtd Avg Net Price        $79.01
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 07, 2016                      414,229
   June 08, 2016                      394,037
   June 09, 2016                      349,597
   June 10, 2016                      305,022
   June 11, 2016                       21,270
   June 12, 2016                       34,336
   June 13, 2016                      176,843
   June 14, 2016                      170,844
   June 15, 2016                      170,025
   June 16, 2016                      168,067
   June 17, 2016                      127,896
   June 18, 2016                            0
   June 19, 2016                       15,526
   June 20, 2016                      102,717
--------------------------------------------------------------------------------
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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