National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/20/2016

Past Market Reports

Report Date: 9/20/2016

LM_HG201
Des Moines, Iowa               Tue, Sep 20, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, September 19, 2016

Barrows and Gilts (Live and Carcass Basis): 393,279

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

HEAD COUNT                        8,467    39,286   127,630    85,722    261,105
CARCASS BASE PRICE                55.65     62.68     58.65     65.09      61.38
AVERAGE NET PRICE                 57.32     65.64     61.50     66.49      63.70
LOWEST NET LOT                    50.64     50.00     46.67     54.37      50.40
HIGHEST NET LOT                   63.01     84.10     79.68     79.61      75.98
AVERAGE LIVE WT                  272.78    278.51    277.96    277.41     277.68
AVERAGE CARCASS WT               198.14    210.99    209.15    208.95     209.09
AVERAGE SORT LOSS                 -1.57     -1.61     -1.41     -0.87      -1.27
AVERAGE BACKFAT                    0.65      0.66      0.65      0.71       0.67
AVERAGE LOIN DEPTH (LD)            2.24      2.72      2.67      2.52       2.63
LOINEYE AREA (LD Converted)        6.72      8.19      8.03      7.57       7.90
AVERAGE LEAN PERCENT              54.00     56.14     55.76     55.23      55.64
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,402
CARCASS BASE PRICE                58.50
AVERAGE NET PRICE                 61.00
AVERAGE OF LOWEST NET LOTS        50.79
AVERAGE OF HIGHEST NET LOTS       65.92
AVERAGE LIVE WT                  268.57
AVERAGE CARCASS WT               202.69
AVERAGE SORT LOSS                 -1.26
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.46
LOINEYE AREA (LD Converted)        7.41
AVERAGE LEAN PERCENT              55.87
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      114,772
AVERAGE LIVE WT                  276.12
AVERAGE CARCASS WT               208.42
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.41
AVERAGE LEAN PERCENT              53.39
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.60 lbs carcass;  BF 0.68;  LD 2.57;  LEA 7.72;  FFLI  53.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $61.23
                    Wtd Avg Net Price        $63.52
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 20, 2016                 416,423
   September 21, 2016                 395,231
   September 22, 2016                 390,672
   September 23, 2016                 360,045
   September 24, 2016                 169,711
   September 25, 2016                  33,565
   September 26, 2016                 157,489
   September 27, 2016                 166,670
   September 28, 2016                 159,415
   September 29, 2016                 158,454
   September 30, 2016                 140,029
   October 01, 2016                    58,812
   October 02, 2016                    10,285
   October 03, 2016                    79,835
--------------------------------------------------------------------------------
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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