BC-USDA-Eastern Cornbelt Hog Report

10/1/2014 8:45 AM
By Associated Press

LM—HG209
Des Moines, Iowa Wed, Oct 01, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 1, 2014 (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 5,433 3,253 2,950 3,450
Other Market Formula 3,975 840 6,053 0
Swine or Pork Market Formula 38,371 6,361 5,738 3,020
Other Purchase Arrangement 17,404 6,057 5,808 5,690
Packer Sold (all purchase types) 825 0 0 0
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,253
Compared to Prior Day's closing weighted average (LM—HG207), 0.58 higher
Base Price Range $100.00 - $108.50, Weighted Average $102.23
Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
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
0.4 103.00 111.73 104.50 113.04 105.50 115.77 106.50 117.79 107.00 119.81
0.5 100.00 110.00 103.00 111.50 105.50 113.95 106.00 115.97 107.00 117.99
0.6 100.00 110.00 103.00 110.00 104.50 112.13 105.50 114.15 106.50 116.17
0.7 100.00 108.50 100.00 108.50 103.00 110.31 105.50 112.33 106.00 114.35
0.8 99.00 107.50 100.00 108.50 103.00 108.50 104.50 110.52 106.00 112.54
0.9 99.00 105.50 100.00 107.50 100.00 107.50 103.00 108.70 105.50 110.72
1.0 97.00 105.50 99.00 105.50 100.00 105.50 103.00 107.50 104.50 108.90
1.1 96.00 103.50 99.00 103.50 100.00 105.50 100.00 105.50 104.50 107.50
1.2 95.97 101.50 97.00 101.50 99.00 103.50 100.00 103.50 103.00 105.50
1.4 88.90 95.50 90.21 98.50 92.94 98.50 94.96 101.50 96.98 101.50
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -15.00-10.10 175# -3.00 0.00 205# -8.08 0.00
155# -11.82 0.00 185# 0.00 0.00 215# -8.08 0.00
165# -5.00 0.00 195# -2.02 0.00 225# -8.08 0.00
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 198.04 lb carcass, 0.71 inch back-fat,
7.14 square inch loin/2.38 inch loin depth, FFLI: 52.06%
Price Range $105.50 - $112.33
--------------------------------------------------------------------------------
SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,183
Base Price Range $101.51 - $114.96, Weighted Average $105.36
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 0
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 2,774 Indiana 2,318
Kentucky 364 Michigan 1,646
New York 345 Ohio 5,744
Pennsylvania 837 South Carolina 107
Wisconsin 357
--------------------------------------------------------------------------------
Source: USDA Market News Service, Des Moines, IA
515-284-4460 email: desm.lpgmn@usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/LSMarketNews
1100C
.


Is the USDA doing enough to accommodate small-scale direct-marketers of meat?

  • Yes
  • No
  • Unsure

User Submitted Photos

View photos      Submit your photos

10/2/2014 | Last Updated: 3:30 AM