BC-USDA-Eastern Cornbelt Hog Report

8/28/2015 9:15 AM
By Associated Press

LM—HG209
Des Moines, Iowa Fri, Aug 28, 2015 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, August 28, 2015 (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 5,503 3,248 2,267 3,590
Other Market Formula 5,113 1,154 3,861 13,332
Swine or Pork Market Formula 34,592 8,937 8,302 4,681
Other Purchase Arrangement 17,636 4,567 4,863 5,515
Packer Sold (all purchase types) 330 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,895
Compared to Prior Day's closing weighted average (LM—HG207), no comparison
Base Price Range $70.88 - $73.00, Weighted Average $71.23
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 75.50 76.00 76.99 77.50 77.00 78.68 78.49 80.17 78.49 82.15
0.5 74.00 75.70 75.50 77.19 75.50 78.68 77.00 80.17 77.00 82.15
0.6 74.00 74.50 74.00 75.77 75.50 77.26 75.50 78.75 77.00 80.73
0.7 72.50 73.74 72.50 74.49 74.00 75.84 74.00 77.33 75.50 79.31
0.8 71.45 72.99 72.50 73.74 72.50 74.49 72.50 75.91 74.00 77.90
0.9 69.50 72.24 71.50 72.99 71.50 73.74 72.50 74.49 72.50 76.48
1.0 68.61 70.49 69.50 72.24 69.50 72.99 71.50 73.74 72.50 75.06
1.1 66.84 68.99 67.50 70.49 69.50 72.24 69.50 72.99 71.50 73.74
1.2 64.71 66.49 65.50 68.99 67.50 70.49 67.50 72.24 69.50 72.99
1.4 55.50 66.49 56.99 66.49 58.48 66.49 59.96 68.99 61.95 70.49
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -7.09 175# -3.00 1.00 205# -5.67 3.00
155# -30.00 0.00 185# 0.00 1.50 215# -5.67 3.00
165# -15.00 0.00 195# -1.42 3.00 225# -5.67 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 191.37 lb carcass, 0.67 inch back-fat,
6.72 square inch loin/2.24 inch loin depth, FFLI: 52.47%
Price Range $74.00 - $77.33
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,030
Base Price Range $70.80 - $77.68, Weighted Average $74.01
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 350
*Price not reported due to confidentiality*
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 1,116 Indiana 3,114
Kentucky 1,883 Michigan 190
Ohio 7,336 Pennsylvania 420
Tennessee 688 Virginia 170
Wisconsin 488
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*For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines*
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
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