National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/30/2016

Past Market Reports

Report Date: 8/30/2016

LM_HG201
Des Moines, Iowa               Tue, Aug 30, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, August 29, 2016

Barrows and Gilts (Live and Carcass Basis): 387,230

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

HEAD COUNT                       11,083    35,616   136,963    81,642    265,304
CARCASS BASE PRICE                61.76     66.71     63.39     68.08      65.29
AVERAGE NET PRICE                 63.86     69.32     66.28     69.58      67.65
LOWEST NET LOT                    56.09     56.48     50.87     56.42      54.56
HIGHEST NET LOT                   75.16     87.39     76.35     87.04      82.66
AVERAGE LIVE WT                  264.68    275.23    273.09    273.55     273.17
AVERAGE CARCASS WT               197.55    209.06    206.36    206.06     206.28
AVERAGE SORT LOSS                 -1.10     -1.42     -1.34     -0.87      -1.19
AVERAGE BACKFAT                    0.64      0.68      0.65      0.69       0.66
AVERAGE LOIN DEPTH (LD)            2.36      2.69      2.67      2.48       2.61
LOINEYE AREA (LD Converted)        7.10      8.10      8.01      7.46       7.85
AVERAGE LEAN PERCENT              54.65     55.71     55.81     55.48      55.67
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,964
CARCASS BASE PRICE                63.96
AVERAGE NET PRICE                 66.16
AVERAGE OF LOWEST NET LOTS        59.40
AVERAGE OF HIGHEST NET LOTS       68.00
AVERAGE LIVE WT                  269.84
AVERAGE CARCASS WT               204.83
AVERAGE SORT LOSS                 -1.79
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.49
LOINEYE AREA (LD Converted)        7.48
AVERAGE LEAN PERCENT              56.28
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      105,962
AVERAGE LIVE WT                  274.13
AVERAGE CARCASS WT               207.69
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.43
AVERAGE LEAN PERCENT              53.63
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
206.61 lbs carcass;  BF 0.67;  LD 2.56;  LEA 7.70;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.22
                    Wtd Avg Net Price        $67.56
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 30, 2016                    414,514
   August 31, 2016                    388,010
   September 01, 2016                 386,215
   September 02, 2016                 335,298
   September 03, 2016                  45,422
   September 04, 2016                       0
   September 05, 2016                  31,335
   September 06, 2016                 140,680
   September 07, 2016                 132,702
   September 08, 2016                 131,033
   September 09, 2016                 126,052
   September 10, 2016                  87,955
   September 11, 2016                  11,335
   September 12, 2016                  82,467
--------------------------------------------------------------------------------
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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