National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/23/2016

Past Market Reports

Report Date: 6/23/2016

LM_HG201
Des Moines, Iowa               Thu, Jun 23, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, June 22, 2016

Barrows and Gilts (Live and Carcass Basis): 390,122

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

HEAD COUNT                        8,695    39,924   129,647    80,920    259,186
CARCASS BASE PRICE                79.72     78.93     81.22     81.68      80.96
AVERAGE NET PRICE                 82.42     82.14     84.43     83.08      83.57
LOWEST NET LOT                    66.03     68.78     68.53     69.83      68.88
HIGHEST NET LOT                   87.01     89.96     99.31     89.82      92.05
AVERAGE LIVE WT                  262.46    274.77    278.25    275.75     276.35
AVERAGE CARCASS WT               198.61    208.62    209.76    208.90     208.93
AVERAGE SORT LOSS                 -1.26     -1.07     -1.47     -0.91      -1.22
AVERAGE BACKFAT                    0.66      0.66      0.65      0.71       0.67
AVERAGE LOIN DEPTH (LD)            2.33      2.69      2.72      2.49       2.64
LOINEYE AREA (LD Converted)        6.98      8.09      8.18      7.48       7.93
AVERAGE LEAN PERCENT              53.96     55.90     56.08     55.18      55.73
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,599
CARCASS BASE PRICE                83.09
AVERAGE NET PRICE                 86.21
AVERAGE OF LOWEST NET LOTS        82.85
AVERAGE OF HIGHEST NET LOTS       87.11
AVERAGE LIVE WT                  260.06
AVERAGE CARCASS WT               200.13
AVERAGE SORT LOSS                 -0.97
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.56
LOINEYE AREA (LD Converted)        7.69
AVERAGE LEAN PERCENT              55.97
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      112,337
AVERAGE LIVE WT                  280.27
AVERAGE CARCASS WT               212.27
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.67
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.46 lbs carcass;  BF 0.68;  LD 2.60;  LEA 7.82;  FFLI  53.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $81.06
                    Wtd Avg Net Price        $83.75
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 23, 2016                      400,019
   June 24, 2016                      314,627
   June 25, 2016                        8,043
   June 26, 2016                       34,958
   June 27, 2016                      211,658
   June 28, 2016                      216,062
   June 29, 2016                      215,712
   June 30, 2016                      214,535
   July 01, 2016                      158,129
   July 02, 2016                            0
   July 03, 2016                        4,405
   July 04, 2016                       34,840
   July 05, 2016                      131,896
   July 06, 2016                      106,580
--------------------------------------------------------------------------------
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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