AP-USDA-Eastern Cornbelt Hog Report,625

LM—HG209
Des Moines, Iowa Fri, Aug 15, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, August 15, 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 4,072 1,967 2,157 2,640
Other Market Formula 8,290 3,292 2,160 3,828
Swine or Pork Market Formula 29,749 5,637 5,318 5,465
Other Purchase Arrangement 17,575 5,765 6,466 3,830
Packer Sold (all purchase types) 0 0 0 4
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 1,782
Compared to Prior Day's closing weighted average (LM—HG207), 2.43 lower
Base Price Range $102.02 - $103.01, Weighted Average $102.77
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
0.4 106.00 113.69 107.50 115.02 107.50 117.80 109.00 119.85 109.00 121.91
0.5 104.50 111.84 106.00 113.17 106.00 115.95 107.50 118.00 107.50 120.06
0.6 104.50 109.99 104.50 111.32 106.00 114.10 106.00 116.15 107.50 118.21
0.7 103.00 108.14 103.00 109.47 104.50 112.25 104.50 114.30 106.00 116.36
0.8 102.00 106.28 103.00 107.62 103.00 110.40 103.00 112.45 104.50 114.51
0.9 100.00 104.43 102.00 105.77 102.00 108.55 103.00 110.60 103.00 112.66
1.0 100.00 102.58 100.00 103.92 100.00 106.70 102.00 108.75 103.00 110.81
1.1 98.00 100.73 98.00 102.07 100.00 104.85 100.00 106.90 102.00 108.96
1.2 96.00 98.01 96.00 100.51 98.00 102.01 98.00 103.82 100.00 105.87
1.4 90.00 98.01 91.79 98.01 93.00 98.01 96.00 100.51 96.00 102.01
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00-10.28 175# -3.00 1.00 205# -8.22 3.00
155# -30.00 0.00 185# 0.00 1.50 215# -8.22 3.00
165# -15.00 0.00 195# -2.06 3.00 225# -8.22 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 192.25 lb carcass, 0.70 inch back-fat,
7.05 square inch loin/2.35 inch loin depth, FFLI: 52.20%
Price Range $104.50 - $114.30
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,406
Base Price Range $103.75 - $110.43, Weighted Average $106.51
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 0
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 2,010 Indiana 2,083
Kentucky 367 Michigan 72
New York 350 Ohio 4,558
Pennsylvania 470 Wisconsin 328
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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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