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BC-USDA-Eastern Cornbelt Hog Report

4/8/2014 9:15 AM
By Associated Press

LM—HG209
Des Moines, Iowa Tue, Apr 08, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 8, 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 6,150 3,709 2,904 4,790
Other Market Formula 3,709 449 303 1,728
Swine or Pork Market Formula 36,138 4,294 3,819 3,171
Other Purchase Arrangement 14,782 4,577 4,271 5,497
Packer Sold (all purchase types) 0 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,537
Compared to Prior Day's closing weighted average (LM—HG207), 1.20 lower
Base Price Range $120.27 - $123.08, Weighted Average $122.99
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
0.4 125.00 136.13 126.50 137.73 127.50 141.05 128.50 143.51 129.00 145.97
0.5 122.00 133.91 125.00 135.51 127.50 138.83 128.00 141.30 129.00 143.76
0.6 122.00 131.70 125.00 133.30 126.50 136.62 127.50 139.08 128.50 141.54
0.7 122.00 129.48 122.00 131.08 125.00 134.40 127.50 136.87 128.00 139.33
0.8 121.00 127.26 122.00 128.86 125.00 132.19 126.50 134.65 128.00 137.11
0.9 121.00 125.05 122.00 126.65 122.00 129.97 125.00 132.43 127.50 134.90
1.0 119.00 122.83 121.00 124.43 122.00 127.76 125.00 130.22 126.01 132.68
1.1 118.00 120.62 121.00 122.22 122.00 125.54 122.00 128.00 125.26 130.46
1.2 116.93 118.01 118.53 120.51 121.00 122.01 122.00 124.31 124.51 126.77
1.4 108.31 118.01 109.91 118.01 113.23 119.00 115.70 121.00 118.16 122.01
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00-12.31 175# -1.50 1.00 205# -9.85 3.00
155# -30.00 0.00 185# 0.00 1.50 215# -9.85 3.00
165# -15.00 0.00 195# -2.46 3.00 225# -9.85 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 200.56 lb carcass, 0.70 inch back-fat,
7.27 square inch loin/2.42 inch loin depth, FFLI: 52.28%
Price Range $127.50 - $136.87
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,670
Base Price Range $121.68 - $135.69, Weighted Average $125.66
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 190
*Price not reported due to confidentiality*
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Delaware 175 Illinois 2,822
Indiana 1,611 Kentucky 185
Michigan 2,117 New York 350
Ohio 3,347 Pennsylvania 835
South Carolina 166 Wisconsin 76
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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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4/16/2014 | Last Updated: 11:45 AM