USDA WCB Daily Direct Hogs (PM)
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10/23 2:50 PM
USDA WCB Daily Direct Hogs (PM) 10/23 14:50 LM_HG212 Des Moines, Iowa Thu, Oct 23, 2014 USDA Market News WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, October 23, 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 4,173 3,144 4,477 2,380 Other Market Formula 11,706 8,996 9,066 10,169 Swine or Pork Market Formula 97,622 44,497 44,369 47,543 Other Purchase Arrangement 19,451 15,451 15,986 15,427 Packer Sold (all purchase types) 9,123 5,043 4,133 4,621 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,316 Compared to Prior Day's closing weighted average (LM_HG208), 1.37 lower Base Price Range $81.00 - $92.00, Weighted Average $90.81 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- WESTERN 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 84.00 94.00 85.50 95.50 86.50 95.50 87.50 97.00 88.00 97.00 0.5 81.00 93.00 84.00 94.00 86.50 95.50 87.00 95.50 88.00 95.50 0.6 81.00 92.50 84.00 93.00 85.50 94.50 86.50 95.50 87.50 95.50 0.7 81.00 92.00 81.00 92.50 84.00 93.50 86.50 95.50 87.00 94.00 0.8 80.00 91.50 81.00 92.00 84.00 93.00 85.50 94.50 87.00 95.50 0.9 80.00 91.00 81.00 91.50 81.00 92.50 84.00 93.50 86.50 95.50 1.0 78.00 89.00 80.00 91.00 81.00 92.00 84.00 93.00 85.50 94.50 1.1 77.00 87.00 80.00 89.00 81.00 91.50 81.00 92.50 85.50 93.50 1.2 77.00 84.00 78.00 87.00 80.00 91.00 81.00 92.00 84.00 93.00 1.4 73.50 79.00 77.00 84.00 78.00 87.00 80.00 91.00 81.00 92.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00-14.62 175# -4.00 2.25 205# 0.00 4.50 155# -30.00 -9.00 185# -1.00 4.00 215# 0.00 4.25 165# -15.00 -3.37 195# 0.00 4.50 225# -1.33 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 214.34 lb carcass, 0.77 inch back-fat, 8.30 square inch loin/2.76 inch loin depth, FFLI: 51.78% Price Range $87.00 - $95.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 47,491 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 308 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 48,164 Minnesota 27,943 Missouri 290 Nebraska 2,041 South Dakota 1,351 -------------------------------------------------------------------------------- *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 1500C .
 
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