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11/20 10:56 AM
USDA WCB Daily Direct Hogs (AM) 11/20 10:56
LM_HG211
Des Moines, Iowa Fri, Nov 20, 2009 USDA Market News
WESTERN 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 12,850 1,877 1,373 2,001
Other Market Formula 9,200 3,600 4,655 3,539
Swine or Pork Market Formula 139,184 37,821 52,686 34,093
Other Purchase Arrangement 47,731 440 820 5,350
Packer Sold (all purchase types) 16,860 2,906 2,168 2,786
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 1,260
Compared to Prior Day's closing weighted average (LM_HG208), 0.44 lower
Base Price Range $49.25 - $51.35, Weighted Average $50.89
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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WESTERN 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 50.73 55.35 50.73 54.75 50.73 54.75 50.73 56.25 50.73 56.25
0.5 50.73 55.35 50.73 55.35 50.73 55.35 50.73 54.75 50.73 54.75
0.6 51.00 54.85 51.00 55.35 52.50 55.35 52.50 55.35 53.18 54.75
0.7 49.50 53.19 49.50 54.10 51.00 54.85 51.00 55.35 52.50 55.35
0.8 48.50 53.19 49.50 53.19 49.50 54.10 49.50 54.10 51.00 55.35
0.9 46.50 51.35 48.50 51.35 48.50 52.85 49.50 52.85 49.50 54.10
1.0 46.50 50.73 46.50 51.35 46.50 51.35 48.50 51.35 49.50 52.85
1.1 43.18 47.77 44.50 48.85 46.50 48.85 46.50 51.35 47.77 51.35
1.2 42.50 47.77 42.50 47.77 43.18 47.77 44.50 48.85 46.50 48.85
1.4 34.68 41.35 34.68 41.35 34.68 41.35 34.68 43.35 40.88 44.35
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CARCASS WEIGHT DIFFERENTIALS
145# -22.00-13.50 175# -3.00 0.00 205# 0.00 0.00
155# -22.00 -9.00 185# 0.00 0.00 215# 0.00 0.00
165# -7.39 -3.00 195# 0.00 0.00 225# -5.25 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 201.62 lb carcass, 0.72 inch back-fat,
6.87 square inch loin/2.29 inch loin depth, FFLI: 51.72%
Price Range $51.00 - $55.35
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 38,746
Base Price Range $48.23 - $55.50, Weighted Average $49.75
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 600
Compared to Prior Day's closing weighted average (LM_HG208), 0.76 higher
Price Range $32.01 - $42.00, Weighted Average $39.28
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 28,211 Kansas 520
Minnesota 11,334 Missouri 310
Nebraska 4,882 South Dakota 587
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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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