BC-USDA-Eastern Cornbelt Hog Report

11/24/2014 9:30 AM
By Associated Press

LM—HG209
Des Moines, Iowa Mon, Nov 24, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, November 24, 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 5,763 2,560 2,606 2,791
Other Market Formula 28,195 24,590 4,536 435
Swine or Pork Market Formula 38,366 3,381 4,774 4,477
Other Purchase Arrangement 21,615 7,989 4,891 10,295
Packer Sold (all purchase types) 0 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,330
Compared to Prior Day's closing weighted average (LM—HG207), 0.46 lower
Base Price Range $83.62 - $84.00, Weighted Average $83.63
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
*Price not reported due to confidentiality*
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -8.36 175# -3.00 1.00 205# -6.69 3.00
155# -30.00 0.00 185# 0.00 1.50 215# -6.69 3.00
165# -15.00 0.00 195# -1.67 3.00 225# -6.69 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
*Price not reported due to confidentiality*
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 1,855
Base Price Range $83.32 - $89.04, Weighted Average $84.83
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 184
*Price not reported due to confidentiality*
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 1,268 Indiana 3,831
Kentucky 185 Michigan 22,200
New York 340 Ohio 7,781
Pennsylvania 625
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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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11/24/2014 | Last Updated: 1:30 PM