AP-USDA-Eastern Cornbelt Hog Report,649

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AP-USDA-Eastern Cornbelt Hog Report,649

10/27/2012 6:45 PM
By Associated Press

LM—HG209
Des Moines, Iowa	Thu, Oct 25, 2012	USDA Market News

EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, October 25, 2012 (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	5,833	3,423	4,037	4,328
	Other Market Formula	555	30	760	1,248
	Swine or Pork Market Formula	38,349	7,137	5,730	3,599
	Other Purchase Arrangement	19,384	5,509	4,548	4,934
Packer Sold (all purchase types)	2,390	1,895	880	720
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	NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,580

Compared to Prior Day's closing weighted average (LM—HG207), 0.18 lower

Base Price Range $78.95 - $83.00, Weighted Average $80.02

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	84.00	87.32	84.88	88.35	85.76	90.48	85.00	92.06	85.00	93.63
0.5	83.20	85.90	84.08	86.92	84.96	89.06	85.00	90.63	85.00	92.21
0.6	82.32	84.48	83.20	85.50	84.08	87.63	84.96	89.21	85.00	90.79
0.7	81.52	83.06	82.40	84.08	83.28	86.21	84.16	87.79	85.00	89.37
0.8	80.64	82.50	81.52	83.00	82.40	84.79	83.28	86.37	84.48	87.95
0.9	80.00	82.00	80.72	82.50	81.60	83.50	82.48	84.95	83.60	86.53
1.0	78.48	80.00	79.82	82.00	80.72	83.00	81.60	84.00	82.80	85.50
1.1	77.20	78.17	78.40	80.00	80.00	82.50	80.80	83.50	81.92	84.50
1.2	75.00	76.96	76.03	78.26	78.16	82.00	79.74	83.00	81.12	84.00
1.4	69.48	72.18	70.50	75.74	72.63	78.00	74.21	82.00	75.79	83.00
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	CARCASS WEIGHT DIFFERENTIALS

	145#	-32.00 -7.90	175#	-4.00	1.00	205#	-6.32	3.00
	155#	-30.00	0.00	185#	-1.00	1.50	215#	-6.32	3.00
	165#	-15.00	0.00	195#	-1.58	3.00	225#	-6.32	1.00
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	MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 192.83 lb carcass, 0.70 inch back-fat,
7.05 square inch loin/2.35 inch loin depth, FFLI: 52.19%

Price Range $84.16 - $87.79
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	SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 7,561

Base Price Range $79.12 - $93.03, Weighted Average $82.87
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	NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 475

Price not reported due to confidentiality
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Georgia	288	Illinois	2,229
Indiana	3,292	Kentucky	348
Michigan	2,910	North Carolina	180
New York	360	Ohio	3,678
Pennsylvania	680	Tennessee	1,303
Wisconsin	175
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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.lgmn@usda.gov
	24 Hour recorded market information 515-284-4830
	www.ams.usda.gov/LSMarketNews
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