AP-USDA-Eastern Cornbelt Hog Report

5/2/2014 9:15 AM
By Associated Press

LM—HG209
Des Moines, Iowa Fri, May 02, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, May 2, 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 4,753 2,418 2,157 2,885
Other Market Formula 1,575 216 878 1,760
Swine or Pork Market Formula 34,456 4,724 4,698 6,577
Other Purchase Arrangement 17,223 5,969 5,551 6,341
Packer Sold (all purchase types) 495 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 1,855
*Price not reported due to confidentiality*
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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
*Price not reported due to confidentiality*
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
*Price not reported due to confidentiality*
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,968
Base Price Range $106.44 - $121.12, Weighted Average $110.54
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 561
Compared to Prior Day's closing weighted average (LM—HG207), 0.11 lower
Price Range $83.00 - $87.30, Weighted Average $84.55
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 2,019 Indiana 1,431
Kentucky 185 Michigan 521
New York 350 Ohio 5,672
Pennsylvania 705 South Carolina 168
Wisconsin 168
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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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12/21/2014 | Last Updated: 3:45 PM