USDA ECB Daily Direct Hogs (AM) |
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11/20 10:56 AM
USDA ECB Daily Direct Hogs (AM) 11/20 10:56
LM_HG209
Des Moines, Iowa Fri, Nov 20, 2009 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
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 6,455 4,458 3,737 7,000
Other Market Formula 6,295 2,139 15,471 2,344
Swine or Pork Market Formula 54,448 11,159 10,454 9,006
Other Purchase Arrangement 17,785 5,600 5,397 4,965
Packer Sold (all purchase types) 1,090 720 540 1,010
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,825
Compared to Prior Day's closing weighted average (LM_HG207), 0.35 lower
Base Price Range $45.00 - $50.68, Weighted Average $49.36
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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EASTERN CORNBELT 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 54.51 48.50 55.16 49.50 56.49 51.00 57.47 51.00 58.46
0.5 45.00 54.68 47.50 54.68 49.50 55.60 50.50 56.58 51.00 57.57
0.6 45.00 53.43 47.50 54.68 48.50 54.71 49.50 55.70 51.00 56.68
0.7 45.00 52.18 45.00 53.43 47.50 53.82 49.50 54.81 50.50 55.80
0.8 43.00 52.18 45.00 52.18 47.50 53.43 48.50 53.92 50.50 54.91
0.9 43.00 50.68 45.00 50.72 45.00 52.18 47.50 53.04 49.50 54.02
1.0 42.00 49.19 43.00 50.68 45.00 51.16 47.50 52.15 48.50 53.13
1.1 41.00 48.30 43.00 48.95 45.00 50.28 45.00 51.26 48.50 52.25
1.2 41.00 46.83 42.00 47.47 43.00 48.80 45.00 49.78 47.50 50.77
1.4 34.68 43.38 34.68 44.02 34.68 45.35 34.68 46.33 43.18 47.32
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CARCASS WEIGHT DIFFERENTIALS
145# -22.00 -0.99 175# 0.00 0.00 205# -3.94 0.00
155# -22.00 0.00 185# 0.00 0.00 215# -3.94 0.00
165# -6.00 0.00 195# -0.99 0.00 225# -3.94 -1.33
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 191.51 lb carcass, 0.72 inch back-fat,
6.93 square inch loin/2.31 inch loin depth, FFLI: 51.79%
Price Range $49.50 - $54.81
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 11,602
Base Price Range $48.23 - $55.23, Weighted Average $50.19
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 1,648
Compared to Prior Day's closing weighted average (LM_HG207), 0.25 higher
Price Range $38.15 - $41.15, Weighted Average $40.53
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Alabama 1,612 Illinois 2,197
Indiana 3,218 Kentucky 1,211
Michigan 3,430 Mississippi 844
North Carolina 360 New York 180
Ohio 6,570 Pennsylvania 745
South Carolina 170 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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