National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/24/2016

Past Market Reports

Report Date: 8/24/2016

LM_HG201
Des Moines, Iowa               Wed, Aug 24, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, August 23, 2016

Barrows and Gilts (Live and Carcass Basis): 394,337

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

HEAD COUNT                        8,527    29,165   140,174    84,759    262,625
CARCASS BASE PRICE                62.88     66.08     64.27     68.53      65.81
AVERAGE NET PRICE                 64.49     68.91     67.18     70.01      68.21
LOWEST NET LOT                    53.83     47.43     51.65     58.51      49.50
HIGHEST NET LOT                   69.70     95.69     80.90     90.39      90.73
AVERAGE LIVE WT                  260.28    273.49    273.90    272.46     272.95
AVERAGE CARCASS WT               196.91    206.47    207.16    205.58     206.25
AVERAGE SORT LOSS                 -1.57     -1.27     -1.36     -0.76      -1.17
AVERAGE BACKFAT                    0.65      0.65      0.65      0.71       0.67
AVERAGE LOIN DEPTH (LD)            2.26      2.68      2.68      2.46       2.61
LOINEYE AREA (LD Converted)        6.79      8.04      8.06      7.38       7.84
AVERAGE LEAN PERCENT              53.71     55.87     55.86     55.19      55.62
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,373
CARCASS BASE PRICE                65.73
AVERAGE NET PRICE                 68.09
AVERAGE OF LOWEST NET LOTS        60.86
AVERAGE OF HIGHEST NET LOTS       68.97
AVERAGE LIVE WT                  268.33
AVERAGE CARCASS WT               204.98
AVERAGE SORT LOSS                 -2.01
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.53
LOINEYE AREA (LD Converted)        7.60
AVERAGE LEAN PERCENT              55.84
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      114,339
AVERAGE LIVE WT                  273.31
AVERAGE CARCASS WT               206.70
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.41
AVERAGE LEAN PERCENT              53.62
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
206.32 lbs carcass;  BF 0.67;  LD 2.56;  LEA 7.69;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.81
                    Wtd Avg Net Price        $68.20
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 24, 2016                    409,663
   August 25, 2016                    377,777
   August 26, 2016                    343,234
   August 27, 2016                     90,842
   August 28, 2016                     33,326
   August 29, 2016                    166,359
   August 30, 2016                    172,850
   August 31, 2016                    173,531
   September 01, 2016                 168,948
   September 02, 2016                 136,743
   September 03, 2016                  12,984
   September 04, 2016                       0
   September 05, 2016                  12,220
   September 06, 2016                  81,220
--------------------------------------------------------------------------------
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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