National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/15/2016

Past Market Reports

Report Date: 6/15/2016

LM_HG201
Des Moines, Iowa               Wed, Jun 15, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, June 14, 2016

Barrows and Gilts (Live and Carcass Basis): 380,889

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

HEAD COUNT                       11,137    32,098   131,250    78,272    252,757
CARCASS BASE PRICE                77.67     77.44     79.07     79.58      78.97
AVERAGE NET PRICE                 80.18     80.21     82.07     80.59      81.30
LOWEST NET LOT                    68.85     65.67     73.92     71.03      71.52
HIGHEST NET LOT                   87.02     89.62     97.78     87.31      91.60
AVERAGE LIVE WT                  268.46    277.77    277.02    276.29     276.52
AVERAGE CARCASS WT               200.77    211.61    209.07    208.90     208.98
AVERAGE SORT LOSS                 -1.25     -1.52     -1.50     -1.14      -1.37
AVERAGE BACKFAT                    0.67      0.68      0.65      0.71       0.67
AVERAGE LOIN DEPTH (LD)            2.38      2.70      2.70      2.49       2.63
LOINEYE AREA (LD Converted)        7.16      8.11      8.11      7.47       7.90
AVERAGE LEAN PERCENT              54.36     55.62     55.86     55.17      55.58
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,923
CARCASS BASE PRICE                79.60
AVERAGE NET PRICE                 83.52
AVERAGE OF LOWEST NET LOTS        77.52
AVERAGE OF HIGHEST NET LOTS       82.84
AVERAGE LIVE WT                  263.11
AVERAGE CARCASS WT               201.41
AVERAGE SORT LOSS                 -1.40
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.81
AVERAGE LEAN PERCENT              56.35
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      111,209
AVERAGE LIVE WT                  281.71
AVERAGE CARCASS WT               212.50
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.79
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.62 lbs carcass;  BF 0.68;  LD 2.59;  LEA 7.78;  FFLI  53.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $79.00
                    Wtd Avg Net Price        $81.44
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 15, 2016                      408,664
   June 16, 2016                      387,814
   June 17, 2016                      327,636
   June 18, 2016                       29,740
   June 19, 2016                       37,751
   June 20, 2016                      186,426
   June 21, 2016                      184,129
   June 22, 2016                      184,951
   June 23, 2016                      177,535
   June 24, 2016                      138,489
   June 25, 2016                            0
   June 26, 2016                       14,125
   June 27, 2016                      103,045
   June 28, 2016                      102,581
--------------------------------------------------------------------------------
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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