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11/20 3:36 PM
USDA PM Daily Direct Hogs 11/20 15:35
LM_HG203***RESENT FOR CORRECTIONS ON NEGOTIATED CARCASS HOGS***
Des Moines, Iowa Fri, Nov 20, 2009 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, November 20, 2009 (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 24,113 20,743 21,000 29,766
Other Market Formula 41,476 31,067 32,917 20,761
Swine or Pork Market Formula 205,774 110,865 111,894 90,806
Other Purchase Arrangement 69,416 54,094 62,967 45,257
Packer Sold (all purchase types) 24,166 5,616 5,083 5,451
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): ***17,889***
Compared to Prior Day's closing weighted average (LM_HG200), ***0.42 higher***
Base Price Range ***$44.00 - $54.00***, Weighted Average ***$51.31***
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 46.50 56.86 47.50 56.50 48.50 57.24 50.00 58.30 50.00 58.46
0.5 44.00 58.00 46.50 58.00 48.50 56.86 49.50 57.77 50.00 58.83
0.6 44.00 56.75 46.50 58.00 47.50 58.00 48.50 57.24 50.00 58.30
0.7 44.00 55.50 44.00 56.75 46.50 56.75 48.50 58.00 49.50 58.00
0.8 42.00 55.50 44.00 55.50 46.50 56.75 47.50 56.75 49.50 58.00
0.9 42.00 54.00 44.00 54.00 44.00 55.50 46.50 55.65 48.50 56.75
1.0 41.00 52.27 42.00 54.00 44.00 54.06 46.50 55.12 47.50 56.18
1.1 40.00 51.41 42.00 51.94 44.00 53.00 44.00 54.59 47.50 55.65
1.2 40.00 50.88 41.00 51.41 42.00 52.47 44.00 54.06 46.50 55.12
1.4 34.00 49.82 34.00 50.35 34.00 51.41 34.00 52.47 40.88 54.06
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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# -0.53 0.00 215# -3.94 0.00
165# -7.61 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 $48.50 - $58.00
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 111,597
Base Price Range $48.23 - $55.50, Weighted Average $49.86
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 3,743
Compared to Prior Day's closing weighted average (LM_HG200), 0.21 lower
Price Range $32.01 - $42.00, Weighted Average $39.30
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Alabama 1,789 Canada 1,945
Colorado 180 Iowa 101,906
Illinois 21,443 Indiana 20,811
Kansas 1,045 Kentucky 2,544
Michigan 6,075 Minnesota 22,636
Missouri 3,546 Mississippi 844
Montana 208 North Carolina 898
North Dakota 15 Nebraska 14,730
New York 360 Ohio 12,779
Pennsylvania 2,658 South Carolina 339
South Dakota 5,312 Tennessee 845
Utah 156 Wisconsin 473
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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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