National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/14/2016

Past Market Reports

Report Date: 6/14/2016

LM_HG201
Des Moines, Iowa               Tue, Jun 14, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, June 13, 2016

Barrows and Gilts (Live and Carcass Basis): 392,118

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

HEAD COUNT                       12,102    33,030   138,799    81,212    265,143
CARCASS BASE PRICE                78.00     77.78     78.36     79.40      78.60
AVERAGE NET PRICE                 79.78     80.36     81.46     80.76      81.03
LOWEST NET LOT                    75.03     70.36     70.05     70.08      70.29
HIGHEST NET LOT                   84.64     87.82     95.19     95.41      92.13
AVERAGE LIVE WT                  272.53    278.60    277.45    276.58     277.10
AVERAGE CARCASS WT               205.35    212.18    209.65    209.21     209.65
AVERAGE SORT LOSS                 -1.14     -1.53     -1.51     -1.04      -1.35
AVERAGE BACKFAT                    0.68      0.67      0.65      0.70       0.67
AVERAGE LOIN DEPTH (LD)            2.33      2.68      2.70      2.52       2.64
LOINEYE AREA (LD Converted)        6.99      8.06      8.12      7.57       7.93
AVERAGE LEAN PERCENT              54.74     55.80     55.98     55.35      55.75
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,549
CARCASS BASE PRICE                79.54
AVERAGE NET PRICE                 83.53
AVERAGE OF LOWEST NET LOTS        79.13
AVERAGE OF HIGHEST NET LOTS       82.85
AVERAGE LIVE WT                  264.96
AVERAGE CARCASS WT               202.48
AVERAGE SORT LOSS                 -1.00
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.55
LOINEYE AREA (LD Converted)        7.66
AVERAGE LEAN PERCENT              56.45
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      108,426
AVERAGE LIVE WT                  280.28
AVERAGE CARCASS WT               211.51
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.45
AVERAGE LEAN PERCENT              53.74
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.80 lbs carcass;  BF 0.67;  LD 2.59;  LEA 7.78;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $78.65
                    Wtd Avg Net Price        $81.20
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 14, 2016                      408,400
   June 15, 2016                      396,381
   June 16, 2016                      391,767
   June 17, 2016                      330,665
   June 18, 2016                       30,040
   June 19, 2016                       31,136
   June 20, 2016                      160,969
   June 21, 2016                      159,726
   June 22, 2016                      152,124
   June 23, 2016                      143,768
   June 24, 2016                      111,390
   June 25, 2016                            0
   June 26, 2016                       14,295
   June 27, 2016                       98,280
--------------------------------------------------------------------------------
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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