AP-USDA-Eastern Cornbelt Hog Report,645

LM—HG209
Des Moines, Iowa Mon, Jul 28, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, July 28, 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 5,846 3,197 3,086 3,305
Other Market Formula 6,914 3,920 1,512 3,024
Swine or Pork Market Formula 36,672 4,494 5,217 5,008
Other Purchase Arrangement 16,177 4,865 7,897 6,352
Packer Sold (all purchase types) 0 0 0 0
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,963
Compared to Prior Day's closing weighted average (LM—HG207), 1.28 lower
Base Price Range $121.00 - $123.01, Weighted Average $121.14
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
0.4 124.00 133.93 125.50 135.50 125.50 138.77 127.00 141.19 127.00 143.61
0.5 122.50 131.75 124.00 133.32 124.00 136.59 125.50 139.01 125.50 141.43
0.6 122.50 129.57 122.50 131.14 124.00 134.41 124.00 136.83 125.50 139.25
0.7 121.00 127.39 121.00 128.96 122.50 132.23 122.50 134.65 124.00 137.07
0.8 120.00 125.21 121.00 126.78 121.00 130.05 121.00 132.47 122.50 134.89
0.9 118.00 123.76 120.00 124.60 120.00 127.87 121.00 130.29 121.00 132.71
1.0 118.00 122.01 118.00 123.76 118.00 125.69 120.00 128.11 121.00 130.54
1.1 116.00 120.51 116.00 122.01 118.00 123.76 118.00 125.93 120.00 128.36
1.2 114.00 118.01 114.00 120.51 116.00 122.01 116.00 123.76 118.00 124.72
1.4 106.56 118.01 108.13 118.01 111.00 118.01 113.82 120.51 114.00 122.01
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00-12.11 175# -3.00 1.00 205# -9.69 3.00
155# -30.00 0.00 185# 0.00 1.50 215# -9.69 3.00
165# -15.00 0.00 195# -2.42 3.00 225# -9.69 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 199.70 lb carcass, 0.73 inch back-fat,
7.24 square inch loin/2.41 inch loin depth, FFLI: 51.79%
Price Range $122.50 - $134.65
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,816
Base Price Range $121.43 - $130.26, Weighted Average $123.73
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 394
Compared to Prior Day's closing weighted average (LM—HG207), 0.59 higher
Price Range $94.00 - $98.00, Weighted Average $96.86
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 2,553 Indiana 3,149
Kentucky 198 Michigan 1,375
Ohio 8,331 Pennsylvania 535
Tennessee 129
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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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