Eastern Cornbelt Daily Direct Hogs - Morning
Last Updated 5/23/2013 | View 107 Archived Reports
LM_HG209
Des Moines, Iowa Thu, May 23, 2013 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, May 23, 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 5,382 2,637 3,210 3,124
Other Market Formula 3,610 1,908 8,395 3,369
Swine or Pork Market Formula 30,490 5,078 5,057 4,886
Other Purchase Arrangement 12,103 4,303 5,671 4,601
Packer Sold (all purchase types) 330 0 0 710
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,590
Compared to Prior Day's closing weighted average (LM_HG207), 0.09 lower
Base Price Range $81.00 - $91.25, Weighted Average $90.06
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 84.00 99.62 85.50 100.79 86.50 103.22 87.50 105.02 88.00 106.82
0.5 81.00 98.00 84.00 99.17 86.50 101.60 87.00 103.40 88.00 105.20
0.6 81.00 96.37 84.00 97.55 85.50 99.98 86.50 101.78 87.50 103.58
0.7 81.00 94.75 81.00 95.92 84.00 98.36 86.50 100.16 87.00 101.96
0.8 80.00 93.13 81.00 94.30 84.00 96.74 85.50 98.54 87.00 100.34
0.9 80.00 91.51 81.00 92.68 81.00 95.11 84.00 96.92 86.50 98.72
1.0 78.00 89.89 80.00 91.25 81.00 93.49 84.00 95.29 85.50 97.10
1.1 77.00 88.27 80.00 89.61 81.00 91.87 81.00 93.67 85.50 95.47
1.2 77.00 86.69 78.00 88.15 80.00 89.61 81.00 91.25 84.00 92.77
1.4 73.50 81.30 77.00 85.32 78.00 86.78 80.00 88.24 81.00 91.25
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CARCASS WEIGHT DIFFERENTIALS
145# -20.00 -9.01 175# -1.35 0.00 205# -7.21 0.00
155# -11.82 0.00 185# 0.00 0.00 215# -7.21 0.00
165# -3.37 0.00 195# -1.80 0.00 225# -7.21 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 189.87 lb carcass, 0.68 inch back-fat,
6.96 square inch loin/2.32 inch loin depth, FFLI: 52.48%
Price Range $86.50 - $100.16
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,762
Base Price Range $88.81 - $99.44, Weighted Average $90.65
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 65
*Price not reported due to confidentiality*
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 608 Indiana 2,785
Kentucky 1,260 Michigan 960
North Carolina 91 New York 360
Ohio 4,430 Pennsylvania 1,070
Tennessee 990 Wisconsin 355
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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.lgmn@usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/LSMarketNews
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