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5/21 3:05 PM
USDA PM Daily Direct Hogs 05/21 15:05 LM_HG203 ****RESENT FOR CORRECTION ON NEGOTIATED HOGS**** Des Moines, Iowa Tue, May 21, 2013 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, May 21, 2013 (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 15,844 12,606 8,468 15,300 Other Market Formula 19,967 22,210 6,730 19,020 Swine or Pork Market Formula 133,444 78,690 85,612 62,991 Other Purchase Arrangement 55,118 33,707 37,757 36,179 Packer Sold (all purchase types) 8,448 1,458 1,651 1,714 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,288 Compared to the prior day, on a plant by plant basis, weighted average base prices were 1.65 lower to 1.48 higher, mostly steady to 0.75 higher. Slow market activity and light demand. Compared to Prior Day's closing weighted average (LM_HG200), 1.16 higher Base Price Range $82.00 - $94.50, Weighted Average $91.04 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 85.00 99.62 86.50 100.79 87.50 103.22 88.50 105.02 89.00 106.82 0.5 82.00 98.00 85.00 99.17 87.50 101.60 88.00 103.40 89.00 105.20 0.6 82.00 96.37 85.00 97.55 86.50 99.98 87.50 101.78 88.50 103.58 0.7 82.00 94.75 82.00 95.92 85.00 98.36 87.50 100.16 88.00 101.96 0.8 81.00 93.50 82.00 94.50 85.00 96.74 86.50 98.54 88.00 100.34 0.9 81.00 92.00 82.00 93.50 82.00 95.11 85.00 96.92 87.50 98.72 1.0 79.00 91.50 81.00 92.00 82.00 93.49 85.00 95.29 86.50 97.10 1.1 78.00 89.50 81.00 90.34 82.00 92.50 82.00 93.67 86.50 95.47 1.2 78.00 87.50 79.00 88.87 81.00 92.00 82.00 93.00 85.00 94.00 1.4 74.50 81.97 78.00 86.02 79.00 88.00 81.00 92.00 82.00 93.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -9.01 175# -4.00 2.25 205# -7.21 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -7.21 4.25 165# -15.00 0.00 195# -1.80 4.50 225# -7.21 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 199.14 lb carcass, 0.69 inch back-fat, 7.27 square inch loin/2.42 inch loin depth, FFLI: 52.44% Price Range $87.50 - $100.16 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 77,192 Base Price Range $83.63 - $99.29, Weighted Average $89.73 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 5,558 Compared to Prior Day's closing weighted average (LM_HG200), 0.96 higher Price Range $62.12 - $72.50, Weighted Average $70.45 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 180 Canada 235 Iowa 52,946 Illinois 19,199 Indiana 11,837 Kansas 756 Kentucky 1,934 Michigan 9,873 Minnesota 28,143 Missouri 335 Montana 600 North Carolina 1,144 Nebraska 8,364 New York 360 Ohio 8,124 Pennsylvania 1,720 South Carolina 176 South Dakota 1,061 Tennessee 1,145 Wisconsin 896 -------------------------------------------------------------------------------- Source: USDA Market News Service, Des Moines, IA 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1500C .
