BC-USDA-Eastern Cornbelt Hog Report

3/27/2015 12:45 PM
By Associated Press

LM—HG209 ***RESENDING FOR CORRECTIONS WHERE STARRED***
Des Moines, Iowa Fri, Mar 27, 2015 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, March 27, 2015 (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 4,762 2,636 2,044 2,048
Other Market Formula 11,839 8,611 2,408 930
Swine or Pork Market Formula 39,760 9,699 7,470 3,998
Other Purchase Arrangement 18,509 5,704 5,440 6,155
Packer Sold (all purchase types) 495 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,240
Compared to Prior Day's closing weighted average (LM—HG207), 0.27 higher
Base Price Range $53.95 - $57.00, Weighted Average $54.83
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 57.50 59.67 59.00 60.37 59.00 61.83 59.00 62.91 59.00 63.98
0.5 56.00 58.70 57.50 59.40 57.50 60.86 59.00 61.93 59.00 63.01
0.6 56.00 57.73 56.00 58.43 57.50 59.88 57.50 60.96 59.00 62.04
0.7 54.50 57.00 54.50 57.50 56.00 58.91 56.00 60.50 57.50 61.07
0.8 53.50 56.50 54.50 57.00 54.50 58.00 54.50 59.50 56.00 60.50
0.9 51.50 56.00 53.50 56.50 53.50 57.50 54.50 58.50 54.50 60.50
1.0 51.50 54.00 51.50 56.00 51.50 57.00 53.50 58.00 54.50 59.50
1.1 49.50 52.87 49.50 54.00 51.50 56.50 51.50 57.50 53.50 58.50
1.2 47.50 51.25 47.50 52.00 49.50 56.00 49.50 57.00 51.50 58.00
1.4 41.50 47.48 44.50 49.00 44.50 52.00 47.50 56.00 47.50 57.00
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -5.40 175# -4.00 1.00 205# -4.32 3.00
155# -30.00 0.00 185# -1.00 1.50 215# -4.32 3.00
165# -15.00 0.00 195# -1.08 3.00 225# -4.32 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 193.43 lb carcass, 0.67 inch back-fat,
7.02 square inch loin/2.34 inch loin depth, FFLI: 52.65%
Price Range $56.00 - $60.50
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): ***8,959***
Base Price Range ***$54.42*** - $62.02, Weighted Average $56.16
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 389
*Price not reported due to confidentiality*
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 2,515 Indiana ***7,315***
Kentucky 1,606 Michigan 1,265
New York 351 Ohio 10,432
Pennsylvania 1,215 Tennessee 488
Wisconsin 490
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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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3/29/2015 | Last Updated: 6:45 PM