BC-USDA-Eastern Cornbelt Hog Report

10/22/2014 9:15 AM
By Associated Press

LM—HG209
Des Moines, Iowa Wed, Oct 22, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 22, 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 4,772 2,422 4,267 2,828
Other Market Formula 4,364 854 9,963 864
Swine or Pork Market Formula 42,770 3,519 4,608 4,835
Other Purchase Arrangement 17,803 6,597 5,807 6,743
Packer Sold (all purchase types) 70 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,432
Compared to Prior Day's closing weighted average (LM—HG207), 1.16 lower
Base Price Range $84.00 - $94.37, Weighted Average $94.31
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 87.00 104.37 88.50 105.60 89.50 108.15 90.50 110.04 91.00 111.92
0.5 84.00 102.67 87.00 103.90 89.50 106.45 90.00 108.34 91.00 110.22
0.6 84.00 100.98 87.00 102.20 88.50 104.75 89.50 106.64 90.50 108.53
0.7 84.00 99.28 84.00 100.50 87.00 103.05 89.50 104.94 90.00 106.83
0.8 83.00 97.58 84.00 98.81 87.00 101.35 88.50 103.24 90.00 105.13
0.9 83.00 95.88 84.00 97.11 84.00 99.65 87.00 101.54 89.50 103.43
1.0 81.00 94.18 83.00 95.41 84.00 97.96 87.00 99.84 88.50 101.73
1.1 80.00 92.48 83.00 93.71 84.00 96.26 84.00 98.14 88.50 100.03
1.2 80.00 89.65 81.00 90.88 83.00 93.43 84.00 95.31 87.00 97.20
1.4 76.50 83.05 80.00 84.27 81.00 86.82 83.00 88.71 84.00 90.60
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CARCASS WEIGHT DIFFERENTIALS
145# -15.00 -9.44 175# -3.00 0.00 205# -7.55 0.00
155# -11.82 0.00 185# 0.00 0.00 215# -7.55 0.00
165# -5.00 0.00 195# -1.89 0.00 225# -7.55 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 197.16 lb carcass, 0.70 inch back-fat,
7.08 square inch loin/2.36 inch loin depth, FFLI: 52.18%
Price Range $89.50 - $104.94
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,082
Base Price Range $95.32 - $111.45, Weighted Average $97.37
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 30
*Price not reported due to confidentiality*
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Georgia 21 Illinois 1,993
Indiana 2,000 Kentucky 365
Michigan 1,150 New York 515
Ohio 4,668 Pennsylvania 880
South Carolina 138 Wisconsin 10
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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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10/23/2014 | Last Updated: 11:16 PM