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5/24 11:20 AM
USDA AM Daily Direct Hogs 05/24 11:20 LM_HG202 Des Moines, Iowa Fri, May 24, 2013 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, May 24, 2013 (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 8,079 3,468 4,057 4,642 Other Market Formula 5,095 2,670 3,253 29,539 Swine or Pork Market Formula 84,536 17,716 34,577 28,748 Other Purchase Arrangement 76,724 16,827 18,639 18,863 Packer Sold (all purchase types) 10,197 1,042 711 1,836 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,448 Compared to Prior Day's closing weighted average (LM_HG200), 0.18 lower Base Price Range $83.78 - $92.00, Weighted Average $90.19 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 92.00 99.62 93.50 100.79 93.50 103.22 95.00 105.02 95.00 106.82 0.5 90.50 98.00 92.00 99.17 92.00 101.60 93.50 103.40 93.50 105.20 0.6 90.50 96.37 90.50 97.55 92.00 99.98 92.00 101.78 93.50 103.58 0.7 89.00 94.75 89.00 95.92 90.50 98.36 90.50 100.16 92.00 101.96 0.8 88.00 93.13 89.00 94.30 89.00 96.74 89.00 98.54 90.50 100.34 0.9 86.00 92.00 88.00 92.83 88.00 95.11 89.00 96.92 89.00 98.72 1.0 86.00 90.25 86.00 92.00 86.00 93.49 88.00 95.29 89.00 97.10 1.1 84.00 88.78 84.00 90.34 86.00 92.00 86.00 93.67 88.00 95.47 1.2 82.00 87.40 82.00 88.87 84.00 90.34 84.00 92.00 86.00 93.29 1.4 76.00 81.97 79.00 86.02 79.00 87.49 82.00 88.96 82.00 92.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -9.01 175# -3.00 2.25 205# -7.21 4.50 155# -30.00 0.00 185# 0.00 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: 197.72 lb carcass, 0.68 inch back-fat, 7.27 square inch loin/2.42 inch loin depth, FFLI: 52.61% Price Range $90.50 - $100.16 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 17,120 Base Price Range $88.63 - $93.87, Weighted Average $91.76 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 20 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 12,639 Illinois 575 Indiana 1,873 Kentucky 527 Michigan 400 Minnesota 13,730 Missouri 200 North Carolina 180 Nebraska 2,010 New York 360 Ohio 5,334 Pennsylvania 530 South Dakota 180 Tennessee 1,140 -------------------------------------------------------------------------------- *For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines* 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 1100C .
