USDA PM Daily Direct Hogs
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12/17 2:55 PM
USDA PM Daily Direct Hogs 12/17 14:55 LM_HG203 Des Moines, Iowa Wed, Dec 17, 2014 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, December 17, 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 9,859 7,466 8,716 8,918 Other Market Formula 17,523 12,108 10,377 8,975 Swine or Pork Market Formula 160,304 76,016 79,870 64,825 Other Purchase Arrangement 39,631 30,478 29,829 37,796 Packer Sold (all purchase types) 20,114 6,239 7,551 7,294 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,990 Compared to the prior day, on a plant by plant basis, weighted average base prices were 2.09 lower to 0.12 higher, mostly 1.00 to 1.50 lower. Slow market activity with light demand. Compared to Prior Day's closing weighted average (LM_HG200), 1.86 lower Base Price Range $70.00 - $79.00, Weighted Average $77.71 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- NATIONAL 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 73.00 85.93 74.50 86.94 75.50 89.03 76.50 90.59 77.00 92.14 0.5 70.00 84.53 73.00 85.54 75.50 87.63 76.00 89.19 77.00 90.74 0.6 70.00 83.13 73.00 84.14 74.50 86.24 75.50 87.79 76.50 89.34 0.7 70.00 81.73 70.00 82.74 73.00 84.84 75.50 86.39 76.00 87.95 0.8 69.00 80.33 70.00 81.34 73.00 83.44 74.50 84.99 76.00 86.55 0.9 69.00 78.93 70.00 79.94 70.00 82.04 73.00 83.59 75.50 85.15 1.0 67.00 77.53 69.00 78.54 70.00 80.64 73.00 82.20 74.50 83.75 1.1 66.00 76.14 69.00 77.15 70.00 79.24 70.00 80.80 74.50 82.35 1.2 66.00 73.81 67.00 74.82 69.00 78.00 70.00 79.00 73.00 80.02 1.4 62.50 68.37 66.00 71.00 67.00 74.00 69.00 78.00 70.00 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.77 175# -4.00 2.25 205# -6.22 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -6.22 4.25 165# -15.00 0.00 195# -1.55 4.50 225# -6.22 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.74 lb carcass, 0.71 inch back-fat, 7.33 square inch loin/2.44 inch loin depth, FFLI: 52.12% Price Range $75.50 - $86.39 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 73,840 Base Price Range $77.77 - $91.38, Weighted Average $81.53 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 329 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 176 Canada 565 Iowa 48,327 Illinois 12,993 Indiana 14,174 Kentucky 1,172 Michigan 4,574 Minnesota 26,115 Missouri 509 Mississippi 160 North Carolina 852 North Dakota 25 Nebraska 8,683 New York 175 Ohio 10,051 Pennsylvania 2,220 South Carolina 328 South Dakota 930 Utah 81 Wisconsin 363 -------------------------------------------------------------------------------- *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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