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11/20 10:56 AM
USDA AM Daily Direct Hogs 11/20 10:56
LM_HG202
Des Moines, Iowa Fri, Nov 20, 2009 USDA Market News
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, November 20, 2009 (As of 9:30 AM)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 19,305 6,335 5,110 9,001
Other Market Formula 15,495 5,739 20,126 5,883
Swine or Pork Market Formula 195,563 48,980 63,140 43,099
Other Purchase Arrangement 66,036 6,040 6,217 10,315
Packer Sold (all purchase types) 24,321 3,626 2,708 3,796
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,085
Compared to Prior Day's closing weighted average (LM_HG200), 1.06 lower
Base Price Range $45.00 - $51.35, Weighted Average $49.83
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
185 lb Carcass Basis
(Defined by Muscle and Fat)
LOIN AREA/DEPTH (INCHES)
BACK-FAT 4.0/1.4 5.0/1.7 6.0/2.0 7.0/2.3 8.0/2.7
0.4 47.50 55.35 48.50 55.16 49.50 56.49 50.73 57.47 50.73 58.46
0.5 45.00 55.35 47.50 55.35 49.50 55.60 50.50 56.58 50.73 57.57
0.6 45.00 54.85 47.50 55.35 48.50 55.35 49.50 55.70 51.00 56.68
0.7 45.00 53.19 45.00 54.10 47.50 54.85 49.50 55.35 50.50 55.80
0.8 43.00 53.19 45.00 53.19 47.50 54.10 48.50 54.10 50.50 55.35
0.9 43.00 51.35 45.00 51.35 45.00 52.85 47.50 53.04 49.50 54.10
1.0 42.00 50.73 43.00 51.35 45.00 51.35 47.50 52.15 48.50 53.13
1.1 41.00 48.30 43.00 48.95 45.00 50.28 45.00 51.35 47.77 52.25
1.2 41.00 47.77 42.00 47.77 43.00 48.80 44.50 49.78 46.50 50.77
1.4 34.68 43.38 34.68 44.02 34.68 45.35 34.68 46.33 40.88 47.32
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CARCASS WEIGHT DIFFERENTIALS
145# -22.00 -0.99 175# -3.00 0.00 205# -3.94 0.00
155# -22.00 0.00 185# 0.00 0.00 215# -3.94 0.00
165# -7.39 0.00 195# -0.99 0.00 225# -5.25 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 197.71 lb carcass, 0.72 inch back-fat,
6.87 square inch loin/2.29 inch loin depth, FFLI: 51.73%
Price Range $49.50 - $55.35
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 50,348
Base Price Range $48.23 - $55.50, Weighted Average $49.85
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 2,248
Compared to Prior Day's closing weighted average (LM_HG200), 0.69 higher
Price Range $32.01 - $42.00, Weighted Average $40.20
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Alabama 1,612 Iowa 28,211
Illinois 2,197 Indiana 3,218
Kansas 520 Kentucky 1,211
Michigan 3,430 Minnesota 11,334
Missouri 310 Mississippi 844
North Carolina 360 Nebraska 4,882
New York 180 Ohio 6,570
Pennsylvania 745 South Carolina 170
South Dakota 587 Tennessee 845
Wisconsin 95
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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
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