AP-USDA-Eastern Cornbelt Hog Report,653

LM—HG209
Des Moines, Iowa Wed, Dec 09, 2015 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, December 9, 2015 (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 7,049 4,649 2,650 3,521
Other Market Formula 4,892 1,421 1,931 495
Swine or Pork Market Formula 44,170 6,733 7,187 3,268
Other Purchase Arrangement 16,009 4,638 5,172 5,916
Packer Sold (all purchase types) 495 0 0 0
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,208
Compared to Prior Day's closing weighted average (LM—HG207),
Base Price Rng $45.50 - $52.00, Wtd Avg $50.65, 5 Day Rolling Avg $50.65
Base Price is the price from which no discounts are
subtracted and no premiums are added.
---------------------------------------------------------------------------------
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 48.50 55.00 50.00 56.50 51.00 56.50 52.00 58.00 52.50 58.00
0.5 45.50 53.50 48.50 55.00 51.00 55.29 51.50 56.50 52.50 57.73
0.6 45.50 53.50 48.50 53.50 50.00 55.00 51.00 55.34 52.00 56.73
0.7 45.50 52.00 45.50 52.25 48.50 53.50 51.00 54.34 51.50 55.74
0.8 44.50 51.00 45.50 52.00 48.50 52.30 50.00 53.35 51.50 54.74
0.9 44.50 49.21 45.50 51.00 45.50 51.30 48.50 52.35 51.00 53.75
1.0 42.50 49.00 44.50 49.26 45.50 50.31 48.50 51.35 50.00 52.75
1.1 41.50 47.00 44.50 48.02 45.50 49.06 45.50 50.11 50.00 51.50
1.2 41.50 45.48 42.50 46.52 44.50 47.57 45.50 48.61 48.50 50.01
1.4 38.00 39.00 40.05 42.00 41.09 42.50 42.14 45.00 43.53 45.50
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -15.00 -4.98 175# -3.00 0.00 205# -3.98 0.00
155# -11.82 0.00 185# 0.00 0.00 215# -3.98 0.00
165# -5.00 0.00 195# -1.00 0.00 225# -3.98 0.00
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 195.24 lb carcass, 0.71 inch back-fat,
6.99 square inch loin/2.33 inch loin depth, FFLI: 51.98%
Price Range $51.00 - $54.34
--------------------------------------------------------------------------------
SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,172
Base Price Range $50.88 - $71.91, Weighted Average $57.03
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 40
*Price not reported due to confidentiality* 5 Day Rolling Avg $39.70
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Georgia 30 Illinois 1,977
Indiana 3,106 Kentucky 1,085
Michigan 2,287 Ohio 5,503
Pennsylvania 1,305 Tennessee 794
Wisconsin 18
--------------------------------------------------------------------------------
*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