BC-USDA-Eastern Cornbelt Hog Report

1/30/2015 9:30 AM
By Associated Press

LM—HG209
Des Moines, Iowa Fri, Jan 30, 2015 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, January 30, 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 4,618 2,386 2,444 3,985
Other Market Formula 5,458 1,983 2,215 2,983
Swine or Pork Market Formula 35,022 6,640 4,503 4,063
Other Purchase Arrangement 16,360 4,851 5,507 868
Packer Sold (all purchase types) 1,545 1,050 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,200
Compared to Prior Day's closing weighted average (LM—HG207), no comparison.
Base Price Range $65.54 - $67.00, Weighted Average $66.06
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 68.50 73.06 69.50 73.92 70.50 75.70 69.00 77.03 69.00 78.35
0.5 67.50 71.87 68.50 72.73 69.00 74.52 69.00 75.84 69.00 77.16
0.6 67.50 70.68 67.50 71.54 69.00 73.33 69.00 74.65 69.00 75.97
0.7 66.00 69.50 66.00 70.35 67.50 72.14 67.50 73.46 69.00 74.78
0.8 65.00 68.31 66.00 69.16 66.00 70.95 66.00 72.27 67.50 73.59
0.9 63.00 67.12 65.00 67.98 65.00 69.76 66.00 71.08 66.00 72.40
1.0 63.00 65.93 63.00 66.79 63.00 68.57 65.00 69.89 66.00 71.21
1.1 61.00 64.74 61.00 65.60 63.00 67.38 63.00 68.70 65.00 70.02
1.2 59.00 62.76 59.00 63.62 61.00 66.00 61.00 67.00 63.00 68.04
1.4 53.00 58.13 56.00 59.00 56.00 62.00 59.00 66.00 59.00 67.00
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -6.61 175# -4.00 1.00 205# -5.28 3.00
155# -30.00 0.00 185# -1.00 1.50 215# -5.28 3.00
165# -15.00 0.00 195# -1.32 3.00 225# -5.28 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 197.16 lb carcass, 0.69 inch back-fat,
7.08 square inch loin/2.36 inch loin depth, FFLI: 52.34%
Price Range $67.50 - $73.46
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,331
Base Price Range $63.73 - $72.26, Weighted Average $68.14
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 234
*Price not reported due to confidentiality*
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 2,483 Indiana 2,369
Kentucky 930 Michigan 1,401
New York 345 Ohio 5,360
Pennsylvania 970 Tennessee 806
Wisconsin 325
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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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1/31/2015 | Last Updated: 7:01 AM