National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/31/2016

Past Market Reports

Report Date: 8/31/2016

LM_HG201
Des Moines, Iowa               Wed, Aug 31, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, August 30, 2016

Barrows and Gilts (Live and Carcass Basis): 411,365

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

HEAD COUNT                        8,390    35,836   146,742    87,282    278,250
CARCASS BASE PRICE                61.16     66.06     63.15     67.57      64.94
AVERAGE NET PRICE                 63.63     69.10     66.09     68.97      67.36
LOWEST NET LOT                    53.10     51.16     49.61     56.44      51.97
HIGHEST NET LOT                   66.89     85.19     76.48     87.40      81.65
AVERAGE LIVE WT                  262.27    274.00    273.91    272.43     273.09
AVERAGE CARCASS WT               192.68    207.59    207.18    205.95     206.45
AVERAGE SORT LOSS                 -1.23     -1.25     -1.35     -0.88      -1.18
AVERAGE BACKFAT                    0.64      0.67      0.65      0.71       0.67
AVERAGE LOIN DEPTH (LD)            2.30      2.71      2.67      2.45       2.61
LOINEYE AREA (LD Converted)        6.89      8.14      8.02      7.35       7.84
AVERAGE LEAN PERCENT              54.03     55.79     55.74     55.10      55.54
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,914
CARCASS BASE PRICE                63.66
AVERAGE NET PRICE                 66.17
AVERAGE OF LOWEST NET LOTS        61.05
AVERAGE OF HIGHEST NET LOTS       68.88
AVERAGE LIVE WT                  265.99
AVERAGE CARCASS WT               203.27
AVERAGE SORT LOSS                 -1.58
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.51
LOINEYE AREA (LD Converted)        7.53
AVERAGE LEAN PERCENT              56.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,201
AVERAGE LIVE WT                  273.89
AVERAGE CARCASS WT               208.82
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.44
AVERAGE LEAN PERCENT              53.43
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
206.94 lbs carcass;  BF 0.68;  LD 2.57;  LEA 7.71;  FFLI  53.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.87
                    Wtd Avg Net Price        $67.27
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 31, 2016                    413,802
   September 01, 2016                 389,582
   September 02, 2016                 339,073
   September 03, 2016                  55,645
   September 04, 2016                       0
   September 05, 2016                  39,386
   September 06, 2016                 199,827
   September 07, 2016                 196,753
   September 08, 2016                 193,960
   September 09, 2016                 189,216
   September 10, 2016                 129,264
   September 11, 2016                  11,680
   September 12, 2016                  86,487
   September 13, 2016                  85,097
--------------------------------------------------------------------------------
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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