National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/28/2016

Past Market Reports

Report Date: 7/28/2016

LM_HG201
Des Moines, Iowa               Thu, Jul 28, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, July 27, 2016

Barrows and Gilts (Live and Carcass Basis): 399,374

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

HEAD COUNT                        8,630    39,455   134,745    82,714    265,544
CARCASS BASE PRICE                69.83     74.96     71.32     75.21      73.12
AVERAGE NET PRICE                 72.49     78.32     74.45     76.52      75.64
LOWEST NET LOT                    61.43     66.11     63.44     66.23      65.02
HIGHEST NET LOT                   77.87     89.36     86.42     90.82      86.49
AVERAGE LIVE WT                  261.24    275.52    275.21    274.32     274.45
AVERAGE CARCASS WT               195.63    210.37    207.03    207.66     207.36
AVERAGE SORT LOSS                 -1.24     -1.61     -1.31     -0.84      -1.21
AVERAGE BACKFAT                    0.62      0.66      0.65      0.71       0.67
AVERAGE LOIN DEPTH (LD)            2.34      2.73      2.71      2.49       2.64
LOINEYE AREA (LD Converted)        7.01      8.22      8.15      7.48       7.94
AVERAGE LEAN PERCENT              54.24     55.89     56.12     55.30      55.79
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,809
CARCASS BASE PRICE                72.24
AVERAGE NET PRICE                 74.88
AVERAGE OF LOWEST NET LOTS        65.78
AVERAGE OF HIGHEST NET LOTS       81.40
AVERAGE LIVE WT                  263.99
AVERAGE CARCASS WT               200.17
AVERAGE SORT LOSS                 -1.57
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.55
LOINEYE AREA (LD Converted)        7.66
AVERAGE LEAN PERCENT              56.47
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      117,021
AVERAGE LIVE WT                  274.40
AVERAGE CARCASS WT               207.60
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.90
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.12 lbs carcass;  BF 0.68;  LD 2.60;  LEA 7.82;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $73.08
                    Wtd Avg Net Price        $75.59
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 28, 2016                      384,278
   July 29, 2016                      314,102
   July 30, 2016                       80,536
   July 31, 2016                       36,680
   August 01, 2016                    210,661
   August 02, 2016                    240,857
   August 03, 2016                    241,262
   August 04, 2016                    240,695
   August 05, 2016                    226,192
   August 06, 2016                     72,768
   August 07, 2016                     12,385
   August 08, 2016                    115,995
   August 09, 2016                    115,460
   August 10, 2016                    113,720
--------------------------------------------------------------------------------
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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