National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/8/2016

Past Market Reports

Report Date: 9/8/2016

LM_HG201
Des Moines, Iowa               Thu, Sep 08, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, September 7, 2016

Barrows and Gilts (Live and Carcass Basis): 387,584

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

HEAD COUNT                        7,824    35,482   132,868    84,035    260,209
CARCASS BASE PRICE                58.83     64.55     61.36     67.07      63.64
AVERAGE NET PRICE                 59.62     67.52     64.47     68.47      66.08
LOWEST NET LOT                    43.70     53.75     53.98     53.89      52.46
HIGHEST NET LOT                   65.65     82.36     78.50     86.88      80.80
AVERAGE LIVE WT                  263.97    276.83    275.37    275.55     275.29
AVERAGE CARCASS WT               197.48    209.44    208.32    208.30     208.16
AVERAGE SORT LOSS                 -2.38     -1.64     -1.30     -0.91      -1.25
AVERAGE BACKFAT                    0.67      0.64      0.65      0.69       0.66
AVERAGE LOIN DEPTH (LD)            2.21      2.75      2.69      2.49       2.63
LOINEYE AREA (LD Converted)        6.62      8.27      8.09      7.46       7.91
AVERAGE LEAN PERCENT              53.51     56.10     55.97     55.40      55.78
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,458
CARCASS BASE PRICE                62.29
AVERAGE NET PRICE                 66.01
AVERAGE OF LOWEST NET LOTS        62.12
AVERAGE OF HIGHEST NET LOTS       72.98
AVERAGE LIVE WT                  262.86
AVERAGE CARCASS WT               199.17
AVERAGE SORT LOSS                 -1.33
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.49
LOINEYE AREA (LD Converted)        7.49
AVERAGE LEAN PERCENT              56.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      110,917
AVERAGE LIVE WT                  278.92
AVERAGE CARCASS WT               210.22
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.61
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.37 lbs carcass;  BF 0.67;  LD 2.59;  LEA 7.78;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.58
                    Wtd Avg Net Price        $66.07
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 08, 2016                 409,245
   September 09, 2016                 370,986
   September 10, 2016                 255,796
   September 11, 2016                  37,619
   September 12, 2016                 225,945
   September 13, 2016                 221,556
   September 14, 2016                 221,962
   September 15, 2016                 218,492
   September 16, 2016                 200,049
   September 17, 2016                  63,384
   September 18, 2016                   9,785
   September 19, 2016                  78,632
   September 20, 2016                  82,229
   September 21, 2016                  79,838
--------------------------------------------------------------------------------
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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