AP-USDA-Eastern Cornbelt Hog Report,633

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AP-USDA-Eastern Cornbelt Hog Report,633

11/2/2012 11:00 AM
By Associated Press

LM—HG209
Des Moines, Iowa	Fri, Nov 02, 2012	USDA Market News

EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, November 2, 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	5,170	2,854	3,613	3,628
	Other Market Formula	2,331	1,734	552	510
	Swine or Pork Market Formula	36,819	6,171	6,613	6,092
	Other Purchase Arrangement	16,640	5,195	3,466	5,772
Packer Sold (all purchase types)	1,005	180	0	185
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	NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,854

Compared to Prior Day's closing weighted average (LM—HG207), 1.13 lower

Base Price Range $78.00 - $79.01, Weighted Average $78.13

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	81.00	86.40	82.50	87.42	82.50	89.53	84.00	91.09	84.00	92.65
0.5	79.50	84.99	81.00	86.01	81.00	88.12	82.50	89.68	82.50	91.24
0.6	79.50	83.59	79.50	84.60	81.00	86.71	81.00	88.28	82.50	89.84
0.7	78.00	82.18	78.00	83.20	79.50	85.31	79.50	86.87	81.00	88.43
0.8	77.00	80.78	78.00	81.79	78.00	83.90	78.00	85.46	79.50	87.03
0.9	75.00	79.37	77.00	80.39	77.00	82.49	78.00	84.06	78.00	85.62
1.0	75.00	77.96	75.00	79.01	75.00	81.09	77.00	82.65	78.00	84.21
1.1	73.00	76.56	73.00	77.59	75.00	79.68	75.00	81.24	77.00	82.81
1.2	71.00	75.06	71.00	76.32	73.00	77.59	73.00	79.01	75.00	80.46
1.4	65.00	70.40	68.00	73.87	68.00	75.14	71.00	76.40	71.00	79.01
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	CARCASS WEIGHT DIFFERENTIALS

	145#	-30.00 -7.81	175#	-3.00	1.00	205#	-6.25	3.00
	155#	-30.00	0.00	185#	0.00	1.50	215#	-6.25	3.00
	165#	-15.00	0.00	195#	-1.56	3.00	225#	-6.25	1.00
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	MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 194.45 lb carcass, 0.71 inch back-fat,
7.08 square inch loin/2.36 inch loin depth, FFLI: 52.04%

Price Range $79.50 - $86.87
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	SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,429

Base Price Range $75.93 - $89.52, Weighted Average $82.72
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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

Alabama	50	Illinois	1,131
Indiana	1,492	Kentucky	995
Michigan	2,600	New York	270
Ohio	4,640	Pennsylvania	1,700
South Carolina	160	Tennessee	661
Wisconsin	173
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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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