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USDA ECB Daily Direct Hogs (PM)
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8/20 3:05 PM
USDA ECB Daily Direct Hogs (PM) 08/20 15:05 LM_HG210 Des Moines, Iowa Wed, Aug 20, 2014 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, August 20, 2014 (As of 1:30 PM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 6,552 4,659 3,778 8,957 Other Market Formula 6,837 4,486 6,680 5,038 Swine or Pork Market Formula 46,970 27,316 24,839 23,333 Other Purchase Arrangement 18,330 17,610 17,416 18,620 Packer Sold (all purchase types) 340 340 340 360 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,385 Compared to Prior Day's closing weighted average (LM_HG207), no comparison Base Price Range $97.00 - $100.00, Weighted Average $98.11 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 98.50 108.72 99.50 110.00 100.50 112.65 99.00 114.62 99.00 116.58 0.5 98.00 106.95 98.50 108.23 100.00 110.88 99.00 112.85 99.00 114.81 0.6 97.50 105.18 98.00 106.46 99.50 109.11 100.00 111.08 99.00 113.05 0.7 97.00 103.41 97.00 104.69 98.50 107.34 98.50 109.31 99.00 111.28 0.8 96.00 101.64 97.00 102.92 97.00 105.57 97.00 107.54 98.50 109.51 0.9 94.00 100.75 96.00 101.50 96.00 103.80 97.00 105.77 97.00 107.74 1.0 94.00 99.00 94.00 100.75 94.00 102.04 96.00 104.00 97.00 105.97 1.1 92.00 97.50 92.00 99.00 94.00 100.75 94.00 102.23 96.00 104.20 1.2 89.00 95.00 90.00 97.50 92.00 99.00 92.00 100.75 94.00 101.50 1.4 84.00 95.00 87.00 95.00 87.00 95.00 90.00 97.50 90.00 99.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -9.83 175# -4.00 1.00 205# -7.86 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -7.86 3.00 165# -15.00 0.00 195# -1.97 3.00 225# -7.86 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 192.54 lb carcass, 0.68 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.50% Price Range $98.50 - $109.31 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 22,035 Base Price Range $98.14 - $117.15, Weighted Average $103.50 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 432 Compared to Prior Day's closing weighted average (LM_HG207), 1.23 lower Price Range $75.00 - $78.50, Weighted Average $77.18 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 359 Illinois 13,142 Indiana 16,940 Kentucky 1,291 Michigan 4,986 North Carolina 858 New York 265 Ohio 10,810 Pennsylvania 1,923 South Carolina 344 Wisconsin 59 -------------------------------------------------------------------------------- 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 1500C .
 
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