BC-USDA-Eastern Cornbelt Hog Report

11/21/2014 8:45 AM
By Associated Press

LM—HG209
Des Moines, Iowa Fri, Nov 21, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, November 21, 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 5,775 2,882 2,005 3,744
Other Market Formula 4,485 970 4,598 1,034
Swine or Pork Market Formula 37,734 6,196 5,829 3,455
Other Purchase Arrangement 18,963 6,282 7,072 5,610
Packer Sold (all purchase types) 330 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,075
Compared to Prior Day's closing weighted average (LM—HG207), 0.05 higher
Base Price Range $83.78 - $84.99, Weighted Average $84.09
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
*Price not reported due to confidentiality*
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -8.39 175# -1.50 1.00 205# -6.71 3.00
155# -30.00 0.00 185# 0.00 1.50 215# -6.71 3.00
165# -15.00 0.00 195# -1.68 3.00 225# -6.71 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 197.03 lb carcass, 0.69 inch back-fat,
6.99 square inch loin/2.33 inch loin depth, FFLI: 52.29%
Price Range $89.00 - $93.24
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,328
Base Price Range $83.74 - $88.50, Weighted Average $84.78
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 0
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 1,218 Indiana 3,265
Kentucky 547 Michigan 672
North Carolina 176 New York 170
Ohio 4,752 Pennsylvania 350
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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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11/24/2014 | Last Updated: 5:00 AM