| LM—HG209 |
| Des Moines, Iowa | Fri, May 17, 2013 | USDA Market News |
|
| EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN |
| PLANT DELIVERED PURCHASE DATA FOR Friday, May 17, 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 | 6,009 | 3,570 | 2,690 | 4,095 |
| Other Market Formula | 3,145 | 1,790 | 0 | 7,602 |
| Swine or Pork Market Formula | 25,061 | 5,122 | 5,354 | 8,582 |
| Other Purchase Arrangement | 16,174 | 5,967 | 5,693 | 6,914 |
| Packer Sold (all purchase types) | 495 | 0 | 0 | 170 |
| -------------------------------------------------------------------------------- |
| NEGOTIATED PURCHASE (Including Packer Sold) |
|
| Barrows & Gilts (carcass basis): 3,386 |
|
| Compared to Prior Day's closing weighted average (LM—HG207), 0.33 lower |
|
| Base Price Range $84.46 - $92.00, Weighted Average $90.31 |
|
| Base Price is the price from which no discounts are |
| subtracted and no premiums are added. |
| -------------------------------------------------------------------------------- |
| 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 | 91.00 | 99.14 | 92.50 100.31 | 93.50 102.73 | 94.50 104.52 | 95.00 106.31 |
| 0.5 | 88.00 | 97.53 | 91.00 | 98.69 | 93.50 101.11 | 94.00 102.91 | 95.00 104.70 |
| 0.6 | 88.00 | 95.91 | 91.00 | 97.08 | 92.50 | 99.50 | 93.50 101.29 | 94.50 103.09 |
| 0.7 | 88.00 | 94.30 | 88.00 | 95.47 | 91.00 | 97.89 | 93.50 | 99.68 | 94.00 101.47 |
| 0.8 | 87.00 | 92.74 | 88.00 | 93.85 | 91.00 | 96.27 | 92.50 | 98.07 | 94.00 | 99.86 |
| 0.9 | 87.00 | 92.00 | 88.00 | 92.83 | 88.00 | 94.66 | 91.00 | 96.45 | 93.50 | 98.25 |
| 1.0 | 85.00 | 90.25 | 87.00 | 92.00 | 88.00 | 93.05 | 91.00 | 94.84 | 92.50 | 96.63 |
| 1.1 | 84.00 | 88.78 | 87.00 | 90.34 | 88.00 | 92.00 | 88.00 | 93.23 | 92.50 | 95.02 |
| 1.2 | 84.00 | 87.40 | 85.00 | 88.87 | 87.00 | 90.34 | 88.00 | 92.00 | 91.00 | 93.29 |
| 1.4 | 78.88 | 81.97 | 80.05 | 86.02 | 82.47 | 87.49 | 84.26 | 88.96 | 86.05 | 92.00 |
| -------------------------------------------------------------------------------- |
| CARCASS WEIGHT DIFFERENTIALS |
|
| 145# | -30.00 -8.96 | 175# | -1.35 | 1.00 | 205# | -7.17 | 3.00 |
| 155# | -30.00 | 0.00 | 185# | 0.00 | 1.50 | 215# | -7.17 | 3.00 |
| 165# | -15.00 | 0.00 | 195# | -1.79 | 3.00 | 225# | -7.17 | 1.00 |
| -------------------------------------------------------------------------------- |
| MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED |
|
| 5-Day Rolling Average Market Hog: 193.95 lb carcass, 0.70 inch back-fat, |
| 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.17% |
|
| Price Range $93.50 - $99.68 |
| -------------------------------------------------------------------------------- |
| SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) |
|
| Barrows & Gilts (carcass basis): 4,539 |
|
| Base Price Range $88.46 - $98.51, Weighted Average $90.41 |
| -------------------------------------------------------------------------------- |
| NEGOTIATED PURCHASE (Including Packer Sold) |
|
| Barrows & Gilts (live basis, 240-300 lbs): 182 |
|
| *Price not reported due to confidentiality* |
| -------------------------------------------------------------------------------- |
| BARROWS & GILTS PURCHASE BY STATE OF ORIGIN |
|
| Illinois | 2,954 | Indiana | 1,911 |
| Kentucky | 1,260 | Michigan | 980 |
| New York | 180 | Ohio | 5,617 |
| Pennsylvania | 530 | South Carolina | 57 |
| Tennessee | 1,272 | Wisconsin | 225 |
| -------------------------------------------------------------------------------- |
| *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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