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AP-USDA-Eastern Cornbelt Hog Report,622

9/16/2013 9:15 AM
By Associated Press

LM—HG209
Des Moines, Iowa Mon, Sep 16, 2013 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, September 16, 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 7,040 4,491 3,055 3,518
Other Market Formula 14,310 12,824 340 864
Swine or Pork Market Formula 32,750 4,225 5,146 5,719
Other Purchase Arrangement 21,803 9,810 5,860 5,500
Packer Sold (all purchase types) 495 0 0 720
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,791
Compared to Prior Day's closing weighted average (LM—HG207), 0.24 higher
Base Price Range $90.81 - $95.01, Weighted Average $91.25
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 95.00 100.44 96.00 101.62 97.00 104.07 95.50 105.88 95.50 107.70
0.5 94.50 98.81 95.00 99.98 97.00 102.43 95.50 104.25 95.50 106.07
0.6 94.00 97.77 94.50 98.81 96.00 100.80 97.00 102.62 95.50 104.43
0.7 93.50 96.82 94.00 97.86 95.00 99.16 97.00 100.98 95.50 102.80
0.8 93.00 95.77 93.50 96.82 94.50 97.86 96.00 99.35 97.00 101.16
0.9 92.26 95.01 93.00 95.87 94.00 96.91 95.00 97.96 97.00 99.53
1.0 90.50 93.20 91.81 95.01 93.50 95.87 94.50 96.91 96.00 98.34
1.1 88.50 91.68 90.17 93.30 92.63 95.01 94.00 95.96 95.00 97.29
1.2 85.50 90.26 87.45 91.78 89.90 93.30 91.72 95.01 93.53 96.34
1.4 79.91 84.65 81.09 88.83 83.55 90.35 85.36 92.50 87.18 95.01
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -9.08 175# -4.00 1.00 205# -7.26 3.00
155# -30.00 0.00 185# -1.00 1.50 215# -7.26 3.00
165# -15.00 0.00 195# -1.82 3.00 225# -7.26 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 190.18 lb carcass, 0.68 inch back-fat,
6.96 square inch loin/2.32 inch loin depth, FFLI: 52.48%
Price Range $97.00 - $100.98
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,427
Base Price Range $89.07 - $97.86, Weighted Average $91.93
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 0
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 1,677 Indiana 15,048
Kentucky 2,423 Michigan 760
New York 175 Ohio 7,887
Pennsylvania 870
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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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