National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/2/2016

Past Market Reports

Report Date: 9/2/2016

LM_HG201
Des Moines, Iowa               Fri, Sep 02, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, September 1, 2016

Barrows and Gilts (Live and Carcass Basis): 409,191

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

HEAD COUNT                       11,449    35,912   147,786    82,519    277,666
CARCASS BASE PRICE                60.62     65.23     62.27     67.20      64.14
AVERAGE NET PRICE                 61.94     68.29     65.21     68.55      66.54
LOWEST NET LOT                    50.71     57.73     54.12     58.74      56.67
HIGHEST NET LOT                   67.42     83.01     77.48     84.87      81.15
AVERAGE LIVE WT                  262.33    275.94    275.59    275.75     275.15
AVERAGE CARCASS WT               195.09    209.99    208.27    207.65     207.83
AVERAGE SORT LOSS                 -1.52     -1.35     -1.33     -0.80      -1.18
AVERAGE BACKFAT                    0.67      0.65      0.65      0.71       0.67
AVERAGE LOIN DEPTH (LD)            2.22      2.70      2.66      2.43       2.59
LOINEYE AREA (LD Converted)        6.65      8.12      7.99      7.31       7.80
AVERAGE LEAN PERCENT              53.88     55.94     55.75     55.11      55.56
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,952
CARCASS BASE PRICE                63.17
AVERAGE NET PRICE                 65.57
AVERAGE OF LOWEST NET LOTS        59.53
AVERAGE OF HIGHEST NET LOTS       68.98
AVERAGE LIVE WT                  272.21
AVERAGE CARCASS WT               206.88
AVERAGE SORT LOSS                 -1.53
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.44
LOINEYE AREA (LD Converted)        7.35
AVERAGE LEAN PERCENT              55.73
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,573
AVERAGE LIVE WT                  276.94
AVERAGE CARCASS WT               208.63
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.41
AVERAGE LEAN PERCENT              53.40
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.01 lbs carcass;  BF 0.68;  LD 2.55;  LEA 7.65;  FFLI  53.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.09
                    Wtd Avg Net Price        $66.47
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 02, 2016                 362,398
   September 03, 2016                  63,422
   September 04, 2016                     600
   September 05, 2016                  52,601
   September 06, 2016                 348,713
   September 07, 2016                 348,708
   September 08, 2016                 346,795
   September 09, 2016                 321,773
   September 10, 2016                 185,929
   September 11, 2016                  17,940
   September 12, 2016                  98,109
   September 13, 2016                 102,852
   September 14, 2016                 105,380
   September 15, 2016                  95,437
--------------------------------------------------------------------------------
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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