National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/11/2016

Past Market Reports

Report Date: 7/11/2016

LM_HG201
Des Moines, Iowa               Mon, Jul 11, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, July 8, 2016 and Saturday, July 9, 2016

Barrows and Gilts (Live and Carcass Basis): 511,514

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

HEAD COUNT                        8,514    66,992   181,230    94,431    351,167
CARCASS BASE PRICE                78.07     77.74     79.10     81.23      79.40
AVERAGE NET PRICE                 80.95     81.71     82.29     82.53      82.22
LOWEST NET LOT                    75.59     65.80     64.53     67.65      69.32
HIGHEST NET LOT                   86.29     88.66     94.55     94.41      91.90
AVERAGE LIVE WT                  267.75    276.65    280.47    278.34     278.79
AVERAGE CARCASS WT               197.77    210.52    211.58    210.78     210.91
AVERAGE SORT LOSS                 -1.68     -1.45     -1.61     -0.91      -1.39
AVERAGE BACKFAT                    0.67      0.62      0.64      0.73       0.66
AVERAGE LOIN DEPTH (LD)            2.23      2.79      2.75      2.52       2.70
LOINEYE AREA (LD Converted)        6.69      8.39      8.28      7.56       8.13
AVERAGE LEAN PERCENT              53.86     56.41     56.16     55.03      55.94
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       21,602
CARCASS BASE PRICE                80.40
AVERAGE NET PRICE                 83.09
AVERAGE OF LOWEST NET LOTS        78.98
AVERAGE OF HIGHEST NET LOTS       85.62
AVERAGE LIVE WT                  263.06
AVERAGE CARCASS WT               201.72
AVERAGE SORT LOSS                 -1.27
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.59
LOINEYE AREA (LD Converted)        7.79
AVERAGE LEAN PERCENT              56.34
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      138,745
AVERAGE LIVE WT                  280.42
AVERAGE CARCASS WT               212.16
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.60
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
210.86 lbs carcass;  BF 0.67;  LD 2.65;  LEA 7.97;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $79.44
                    Wtd Avg Net Price        $82.27
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 11, 2016                      401,745
   July 12, 2016                      375,742
   July 13, 2016                      372,555
   July 14, 2016                      371,357
   July 15, 2016                      322,707
   July 16, 2016                          170
   July 17, 2016                       29,720
   July 18, 2016                      155,587
   July 19, 2016                      148,630
   July 20, 2016                      136,640
   July 21, 2016                      131,324
   July 22, 2016                      101,537
   July 23, 2016                            0
   July 24, 2016                       12,815
--------------------------------------------------------------------------------
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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