AP-USDA-Eastern Cornbelt Hog Report,649

7/15/2013 9:30 AM
By Associated Press

LM—HG209
Des Moines, Iowa Mon, Jul 15, 2013 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, July 15, 2013 (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 5,531 3,366 3,190 4,057
Other Market Formula 1,860 748 22,011 6,344
Swine or Pork Market Formula 33,330 4,406 6,338 4,285
Other Purchase Arrangement 18,404 7,197 6,766 10,168
Packer Sold (all purchase types) 875 0 0 720
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,113
Compared to Prior Day's closing weighted average (LM—HG207), 1.40 lower
Base Price Range $85.00 - $99.00, Weighted Average $94.61
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 88.00 104.46 89.50 105.69 90.50 108.24 91.50 110.13 92.00 112.02
0.5 85.00 102.76 88.00 103.99 90.50 106.54 91.00 108.43 92.00 110.32
0.6 85.00 101.06 88.00 102.29 89.50 104.84 90.50 106.73 91.50 108.62
0.7 85.00 99.36 85.00 100.59 88.00 103.14 90.50 105.03 91.00 106.92
0.8 84.00 98.03 85.00 99.10 88.00 101.44 89.50 103.33 91.00 105.22
0.9 84.00 97.25 85.00 98.13 85.00 99.74 88.00 101.63 90.50 103.52
1.0 82.00 96.00 84.00 97.25 85.00 98.13 88.00 99.93 89.50 101.82
1.1 81.00 94.00 84.00 95.50 85.00 97.25 85.00 98.23 89.50 100.12
1.2 81.00 92.39 82.00 93.94 84.00 95.50 85.00 97.25 88.00 98.61
1.4 77.50 86.65 81.00 90.93 82.00 92.48 84.00 94.04 85.00 97.25
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -9.45 175# -3.00 1.00 205# -7.56 3.00
155# -30.00 0.00 185# 0.00 1.50 215# -7.56 3.00
165# -15.00 0.00 195# -1.89 3.00 225# -7.56 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 187.94 lb carcass, 0.68 inch back-fat,
6.96 square inch loin/2.32 inch loin depth, FFLI: 52.50%
Price Range $90.50 - $105.03
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,999
Base Price Range $94.16 - $103.53, Weighted Average $96.19
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 324
Compared to Prior Day's closing weighted average (LM—HG207), 1.81 lower
Price Range $66.68 - $75.00, Weighted Average $73.17
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 1,893 Indiana 2,602
Kentucky 1,256 Michigan 780
New York 180 Ohio 6,921
Pennsylvania 540 Tennessee 407
Wisconsin 50
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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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