USDA WCB Daily Direct Hogs (PM)
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7/02 2:50 PM
USDA WCB Daily Direct Hogs (PM) 07/02 14:50 **Market News offices will be closed Friday July 3rd in observance of the Federal Holiday. No reports will be issued** LM_HG212 Des Moines, Iowa Thu, Jul 02, 2015 USDA Market News WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, July 2, 2015 (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 5,525 5,410 5,717 4,912 Other Market Formula 16,737 8,930 4,560 12,611 Swine or Pork Market Formula 78,238 33,573 44,573 8,380 Other Purchase Arrangement 14,869 7,940 9,370 14,623 Packer Sold (all purchase types) 5,936 4,436 3,823 3,167 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,540 Compared to Prior Day's closing weighted average (LM_HG208), 0.87 higher Base Price Range $73.00 - $77.00, Weighted Average $75.36 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 76.50 78.00 78.00 79.00 78.00 80.50 78.00 82.00 78.00 83.00 0.5 75.00 77.00 76.50 78.00 76.50 79.75 78.00 81.25 78.00 82.50 0.6 75.00 76.50 75.00 77.00 76.50 79.00 76.50 80.50 78.00 82.00 0.7 73.50 76.00 73.50 76.50 75.00 78.00 75.00 79.75 76.50 81.25 0.8 72.50 75.50 73.50 76.00 73.50 77.00 73.50 79.00 75.00 80.50 0.9 70.50 75.00 72.50 75.50 72.50 76.50 73.50 78.00 73.50 79.75 1.0 70.50 73.00 70.50 75.00 70.50 76.00 72.50 77.00 73.50 79.00 1.1 68.50 71.00 68.50 73.00 70.50 75.50 70.50 76.50 72.50 78.00 1.2 66.50 71.00 66.50 71.00 68.50 75.00 68.50 76.00 70.50 77.00 1.4 60.50 71.00 63.50 71.00 63.50 71.00 66.50 75.00 66.50 76.00 -------------------------------------------------------------------------------- - CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -13.00 175# -4.00 2.25 205# 0.00 4.50 155# -30.00 -9.00 185# -1.50 4.00 215# 0.00 4.25 165# -15.00 -5.00 195# 0.00 4.50 225# 0.00 1.00 -------------------------------------------------------------------------------- - MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 210.73 lb carcass, 0.75 inch back-fat, 7.72 square inch loin/2.57 inch loin depth, FFLI: 51.74% Price Range $75.00 - $80.50 -------------------------------------------------------------------------------- - SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 35,372 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 821 Compared to Prior Day's closing weighted average (LM_HG208), 0.63 higher Price Range $53.50 - $58.25, Weighted Average $57.01 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 37,260 Minnesota 19,804 Missouri 459 Nebraska 2,115 South Dakota 810 -------------------------------------------------------------------------------- *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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