National Daily Direct Hog Prior Day - Slaughtered Swine

1. Cattle.com
2. Market Reports
3. Iowa
4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 10/11/2016

Past Market Reports

Report Date: 10/11/2016

LM_HG201
Des Moines, Iowa               Tue, Oct 11, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, October 10, 2016

Barrows and Gilts (Live and Carcass Basis): 348,296

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

HEAD COUNT                        8,723    35,286   136,968    75,322    256,299
CARCASS BASE PRICE                46.86     59.14     50.11     59.72      54.30
AVERAGE NET PRICE                 48.45     62.14     53.02     61.25      56.67
LOWEST NET LOT                    38.19     45.59     34.26     42.93      43.10
HIGHEST NET LOT                   54.41     76.52     71.40     76.18      69.28
AVERAGE LIVE WT                  268.94    276.88    278.40    279.67     278.21
AVERAGE CARCASS WT               198.34    209.36    209.63    209.89     209.34
AVERAGE SORT LOSS                 -1.14     -1.62     -1.55     -1.03      -1.40
AVERAGE BACKFAT                    0.64      0.64      0.66      0.71       0.67
AVERAGE LOIN DEPTH (LD)            2.35      2.72      2.68      2.50       2.63
LOINEYE AREA (LD Converted)        7.04      8.19      8.07      7.50       7.90
AVERAGE LEAN PERCENT              54.66     56.18     55.87     55.16      55.69
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,999
CARCASS BASE PRICE                50.63
AVERAGE NET PRICE                 53.67
AVERAGE OF LOWEST NET LOTS        48.83
AVERAGE OF HIGHEST NET LOTS       57.63
AVERAGE LIVE WT                  274.68
AVERAGE CARCASS WT               206.80
AVERAGE SORT LOSS                 -1.48
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.56
LOINEYE AREA (LD Converted)        7.72
AVERAGE LEAN PERCENT              55.95
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       75,998
AVERAGE LIVE WT                  283.21
AVERAGE CARCASS WT               211.67
AVERAGE BACKFAT                    0.73
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.51
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.75 lbs carcass;  BF 0.68;  LD 2.58;  LEA 7.77;  FFLI  53.00%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $54.12
                    Wtd Avg Net Price        $56.49
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 11, 2016                   372,256
   October 12, 2016                   355,780
   October 13, 2016                   348,304
   October 14, 2016                   321,416
   October 15, 2016                   184,054
   October 16, 2016                    35,345
   October 17, 2016                   164,366
   October 18, 2016                   161,920
   October 19, 2016                   147,802
   October 20, 2016                   147,152
   October 21, 2016                   138,570
   October 22, 2016                    61,894
   October 23, 2016                    14,033
   October 24, 2016                   103,006
--------------------------------------------------------------------------------
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
1000C




.