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AP-USDA-Eastern Cornbelt Hog Report

4/18/2014 12:15 PM
By Associated Press

LM—HG209 ***RESENT FOR CORRECTIONS ON WHOLE REPORT***
Des Moines, Iowa Fri, Apr 18, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, April 18, 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 3,378 812 1,995 2,590
Other Market Formula 7,157 2,752 474 2,376
Swine or Pork Market Formula 20,471 4,402 4,721 3,750
Other Purchase Arrangement 11,840 1,625 5,202 5,291
Packer Sold (all purchase types) 495 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 538
Compared to Prior Day's closing weighted average (LM—HG207), no comparison.
Base Price Range $109.00 - $113.01, Weighted Average $111.29
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
0.4 112.00 117.51 113.50 118.51 114.50 119.51 115.50 120.01 116.00 120.01
0.5 109.00 117.01 112.00 117.51 113.00 118.51 114.50 119.51 114.50 120.01
0.6 109.00 116.01 111.50 117.01 113.00 117.51 113.00 118.51 114.50 120.01
0.7 109.00 115.26 109.00 116.01 111.50 117.01 111.50 117.51 113.00 119.51
0.8 108.00 114.51 109.00 115.26 110.00 116.01 110.00 117.01 111.50 118.51
0.9 107.00 113.76 109.00 114.51 109.00 115.26 110.00 116.01 110.00 117.51
1.0 106.00 112.01 107.00 113.76 107.00 114.51 109.00 115.26 110.00 116.01
1.1 105.00 110.51 105.00 112.01 107.00 113.76 107.00 114.51 109.00 115.26
1.2 103.00 108.01 103.00 110.51 105.00 112.01 105.00 113.76 107.00 114.51
1.4 97.00 108.01 100.00 108.01 100.00 108.01 103.00 110.51 103.00 112.01
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CARCASS WEIGHT DIFFERENTIALS
145# -20.00-14.62 175# -3.00 -1.35 205# 0.00 0.00
155# -11.82 -9.00 185# 0.00 0.00 215# 0.00 0.00
165# -5.00 -3.37 195# 0.00 0.00 225# -1.33 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 199.11 lb carcass, 0.70 inch back-fat,
7.11 square inch loin/2.37 inch loin depth, FFLI: 52.19%
Price Range $111.50 - $117.51
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,851
Base Price Range $112.28 - $128.16, Weighted Average $115.10
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 270
*Price not reported due to confidentiality*
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 2,538 Indiana 1,993
Kentucky 1,205 Michigan 612
North Carolina 175 Ohio 2,557
South Carolina 176 Tennessee 160
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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
1100C
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4/23/2014 | Last Updated: 4:45 PM