AP-USDA-Eastern Cornbelt Hog Report,629

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AP-USDA-Eastern Cornbelt Hog Report,629

12/10/2012 5:15 AM
By Associated Press

LM—HG209
Des Moines, Iowa	Fri, Dec 07, 2012	USDA Market News

EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, December 7, 2012 (As of 9:30 AM)

	CURRENT VOLUME BY PURCHASE TYPE
	BARROWS & GILTS LIVE AND CARCASS BASIS

	Estimated	Actual	Actual	Actual
	Today	Today	Week Ago	Year Ago
Producer Sold
	Negotiated	5,750	3,045	3,155	3,292
	Other Market Formula	900	350	2,993	914
	Swine or Pork Market Formula	37,817	5,903	9,254	5,416
	Other Purchase Arrangement	16,410	4,815	3,650	5,938
Packer Sold (all purchase types)	1,155	0	0	0
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	NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,045

Compared to Prior Day's closing weighted average (LM—HG207), 1.89 lower

Base Price Range $77.50 - $82.15, Weighted Average $82.00

Base Price is the price from which no discounts are
subtracted and no premiums are added.
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	EASTERN CORNBELT DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
	REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
	based on both Fat and Muscle Measurements for a 200 lb Carcass Basis

	LOIN AREA/DEPTH (INCHES)

BF	4.0/ 1.4	5.0/ 1.7	6.0/ 2.0	7.0/ 2.3	8.0/ 2.7
0.4	80.50	90.86	82.00	91.93	83.00	94.14	84.00	95.79	84.50	97.43
0.5	77.50	89.38	80.50	90.45	83.00	92.67	83.50	94.31	84.50	95.95
0.6	77.50	87.90	80.50	88.97	82.00	91.19	83.00	92.83	84.00	94.47
0.7	77.50	86.42	77.50	87.49	80.50	89.71	83.00	91.35	83.50	92.99
0.8	76.50	84.94	77.50	86.01	80.50	88.23	82.00	89.87	83.50	91.52
0.9	76.50	83.46	77.50	84.53	77.50	86.75	80.50	88.39	83.00	90.04
1.0	74.50	81.99	76.50	83.05	77.50	85.27	80.50	86.91	82.00	88.56
1.1	73.50	80.51	76.50	81.58	77.50	83.79	77.50	85.44	82.00	87.08
1.2	73.50	78.04	74.50	79.11	76.50	81.33	77.50	82.97	80.50	84.61
1.4	70.00	72.29	73.36	75.74	74.50	77.04	76.50	78.34	77.50	81.01
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	CARCASS WEIGHT DIFFERENTIALS

	145#	-20.00 -8.22	175#	-1.35	0.00	205#	-6.57	0.00
	155#	-11.82	0.00	185#	0.00	0.00	215#	-6.57	0.00
	165#	-3.37	0.00	195#	-1.64	0.00	225#	-6.57	0.00
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	MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 195.40 lb carcass, 0.72 inch back-fat,
6.90 square inch loin/2.30 inch loin depth, FFLI: 51.76%

Price Range $83.00 - $91.35
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	SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,825

Base Price Range $77.48 - $90.91, Weighted Average $82.39
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	NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 0
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Illinois	2,160	Indiana	803
Kentucky	474	Michigan	1,984
New York	180	Ohio	4,597
Pennsylvania	1,185	South Carolina	160
Tennessee	651	Wisconsin	505
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Source:	USDA Market News Service, Des Moines, IA
	515-284-4460	email:	desm.lgmn@usda.gov
	24 Hour recorded market information 515-284-4830
	www.ams.usda.gov/LSMarketNews
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