National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/25/2016

Past Market Reports

Report Date: 10/25/2016

LM_HG201
Des Moines, Iowa               Tue, Oct 25, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, October 24, 2016

Barrows and Gilts (Live and Carcass Basis): 405,916

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

HEAD COUNT                10,705   32,472   149,943   76,341      2,229  271,690
CARCASS BASE PRICE         45.31    51.08     49.53    59.30          *    52.42
AVERAGE NET PRICE          46.52    53.29     52.09    60.51          *    54.51
LOWEST NET LOT             40.28    35.80     40.62    41.80          *    39.33
HIGHEST NET LOT            52.60    80.77     71.17    75.92          *    68.87
AVERAGE LIVE WT           268.70   279.74    279.43   280.96          *   279.38
AVERAGE CARCASS WT        200.74   211.44    210.49   210.22          *   210.22
AVERAGE SORT LOSS          -1.67    -1.64     -1.59    -1.16          *    -1.48
AVERAGE BACKFAT             0.66     0.68      0.66     0.71          *     0.68
AVG LOIN DEPTH (LD)         2.29     2.69      2.70     2.46          *     2.62
LEA (LD Converted)          6.87     8.08      8.11     7.39          *     7.87
AVERAGE LEAN PERCENT       54.03    55.71     55.87    55.05          *    55.57
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,219
CARCASS BASE PRICE                49.19
AVERAGE NET PRICE                 52.33
AVERAGE OF LOWEST NET LOTS        47.78
AVERAGE OF HIGHEST NET LOTS       55.44
AVERAGE LIVE WT                  275.85
AVERAGE CARCASS WT               205.64
AVERAGE SORT LOSS                 -1.06
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.44
LOINEYE AREA (LD Converted)        7.33
AVERAGE LEAN PERCENT              55.07
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,007
AVERAGE LIVE WT                  281.73
AVERAGE CARCASS WT               211.84
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.38
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
210.49 lbs carcass;  BF 0.69;  LD 2.57;  LEA 7.73;  FFLI  52.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $52.25
                    Wtd Avg Net Price        $54.37
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 25, 2016                   421,297
   October 26, 2016                   395,865
   October 27, 2016                   395,168
   October 28, 2016                   369,140
   October 29, 2016                   213,447
   October 30, 2016                    31,693
   October 31, 2016                   150,747
   November 01, 2016                  158,840
   November 02, 2016                  160,812
   November 03, 2016                  137,787
   November 04, 2016                  133,706
   November 05, 2016                   55,576
   November 06, 2016                   18,253
   November 07, 2016                  112,870
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,705        2,229      12,934
CARCASS BASE PRICE             45.31            *       45.31
AVERAGE NET PRICE              46.52            *       46.52
LOWEST NET LOT                 40.28            *       40.28
HIGHEST NET LOT                52.60            *       52.60
AVERAGE LIVE WT               268.70            *      269.11
AVERAGE CARCASS WT            200.74            *      200.74
AVERAGE SORT LOSS              -1.67            *       -1.67
AVERAGE BACKFAT                 0.66            *        0.66
AVG LOIN DEPTH (LD)             2.29            *        2.29
LEA (LD Converted)              6.87            *        6.87
AVERAGE LEAN PERCENT           54.03            *       54.03
(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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