BC-USDA-Eastern Cornbelt Hog Report

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BC-USDA-Eastern Cornbelt Hog Report

5/23/2013 9:30 AM
By Associated Press

LM—HG209
Des Moines, Iowa	Thu, May 23, 2013	USDA Market News

EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, May 23, 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	5,382	2,637	3,210	3,124
	Other Market Formula	3,610	1,908	8,395	3,369
	Swine or Pork Market Formula	30,490	5,078	5,057	4,886
	Other Purchase Arrangement	12,103	4,303	5,671	4,601
Packer Sold (all purchase types)	330	0	0	710
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	NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,590

Compared to Prior Day's closing weighted average (LM—HG207), 0.09 lower

Base Price Range $81.00 - $91.25, Weighted Average $90.06

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	99.62	85.50 100.79	86.50 103.22	87.50 105.02	88.00 106.82
0.5	81.00	98.00	84.00	99.17	86.50 101.60	87.00 103.40	88.00 105.20
0.6	81.00	96.37	84.00	97.55	85.50	99.98	86.50 101.78	87.50 103.58
0.7	81.00	94.75	81.00	95.92	84.00	98.36	86.50 100.16	87.00 101.96
0.8	80.00	93.13	81.00	94.30	84.00	96.74	85.50	98.54	87.00 100.34
0.9	80.00	91.51	81.00	92.68	81.00	95.11	84.00	96.92	86.50	98.72
1.0	78.00	89.89	80.00	91.25	81.00	93.49	84.00	95.29	85.50	97.10
1.1	77.00	88.27	80.00	89.61	81.00	91.87	81.00	93.67	85.50	95.47
1.2	77.00	86.69	78.00	88.15	80.00	89.61	81.00	91.25	84.00	92.77
1.4	73.50	81.30	77.00	85.32	78.00	86.78	80.00	88.24	81.00	91.25
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	CARCASS WEIGHT DIFFERENTIALS

	145#	-20.00 -9.01	175#	-1.35	0.00	205#	-7.21	0.00
	155#	-11.82	0.00	185#	0.00	0.00	215#	-7.21	0.00
	165#	-3.37	0.00	195#	-1.80	0.00	225#	-7.21	0.00
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	MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 189.87 lb carcass, 0.68 inch back-fat,
6.96 square inch loin/2.32 inch loin depth, FFLI: 52.48%

Price Range $86.50 - $100.16
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	SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,762

Base Price Range $88.81 - $99.44, Weighted Average $90.65
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	NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 65

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

Illinois	608	Indiana	2,785
Kentucky	1,260	Michigan	960
North Carolina	91	New York	360
Ohio	4,430	Pennsylvania	1,070
Tennessee	990	Wisconsin	355
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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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