National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/13/2016

Past Market Reports

Report Date: 10/13/2016

LM_HG201
Des Moines, Iowa               Thu, Oct 13, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, October 12, 2016

Barrows and Gilts (Live and Carcass Basis): 367,145

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

HEAD COUNT                 7,989   39,737   138,512   73,444      2,795  262,477
CARCASS BASE PRICE         46.40    57.42     50.31    58.93          *    53.80
AVERAGE NET PRICE          47.82    60.50     52.97    60.35          *    56.11
LOWEST NET LOT             42.34    41.96     34.64    46.16          *    38.78
HIGHEST NET LOT            51.11    75.73     71.21    77.18          *    71.11
AVERAGE LIVE WT           262.84   278.55    279.38   279.16          *   278.62
AVERAGE CARCASS WT        194.89   210.54    210.50   209.58          *   209.82
AVERAGE SORT LOSS          -1.37    -1.53     -1.58    -1.04          *    -1.43
AVERAGE BACKFAT             0.60     0.66      0.67     0.70          *     0.67
AVG LOIN DEPTH (LD)         2.21     2.75      2.69     2.52          *     2.65
LEA (LD Converted)          6.63     8.26      8.08     7.56          *     7.94
AVERAGE LEAN PERCENT       53.94    56.13     55.73    55.43          *    55.68
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,284
CARCASS BASE PRICE                50.14
AVERAGE NET PRICE                 53.11
AVERAGE OF LOWEST NET LOTS        47.91
AVERAGE OF HIGHEST NET LOTS       52.62
AVERAGE LIVE WT                  273.63
AVERAGE CARCASS WT               205.16
AVERAGE SORT LOSS                 -1.49
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.56
LOINEYE AREA (LD Converted)        7.72
AVERAGE LEAN PERCENT              56.02
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       85,384
AVERAGE LIVE WT                  282.53
AVERAGE CARCASS WT               213.07
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.43
AVERAGE LEAN PERCENT              53.24
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
210.33 lbs carcass;  BF 0.69;  LD 2.59;  LEA 7.78;  FFLI  52.90%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $53.59
                    Wtd Avg Net Price        $55.90
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 13, 2016                   394,233
   October 14, 2016                   345,826
   October 15, 2016                   218,050
   October 16, 2016                    41,293
   October 17, 2016                   241,342
   October 18, 2016                   239,632
   October 19, 2016                   243,970
   October 20, 2016                   238,610
   October 21, 2016                   230,938
   October 22, 2016                   119,253
   October 23, 2016                    18,688
   October 24, 2016                   119,401
   October 25, 2016                   121,441
   October 26, 2016                   115,140
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,989        2,795      10,784
CARCASS BASE PRICE             46.40            *       46.40
AVERAGE NET PRICE              47.82            *       47.82
LOWEST NET LOT                 42.34            *       42.34
HIGHEST NET LOT                51.11            *       51.11
AVERAGE LIVE WT               262.84            *      262.84
AVERAGE CARCASS WT            194.89            *      194.89
AVERAGE SORT LOSS              -1.37            *       -1.37
AVERAGE BACKFAT                 0.60            *        0.60
AVG LOIN DEPTH (LD)             2.21            *        2.21
LEA (LD Converted)              6.63            *        6.63
AVERAGE LEAN PERCENT           53.94            *       53.94
(Packer Buying Programs)
--------------------------------------------------------------------------------
*Price not reported due to confidentiality*
*For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines*

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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