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5/20 2:50 PM
USDA PM Daily Direct Hogs 05/20 14:50
LM_HG203
Des Moines, Iowa Mon, May 20, 2013 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, May 20, 2013 (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 11,793 8,358 8,911 13,345
Other Market Formula 35,167 31,392 7,755 27,242
Swine or Pork Market Formula 141,435 78,904 70,497 64,628
Other Purchase Arrangement 100,051 81,136 83,707 54,740
Packer Sold (all purchase types) 10,317 822 1,393 2,550
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,313
Compared to the prior day, on a plant by plant basis, weighted average base
prices were 6.00 lower to 1.65 higher, mostly 0.50 to 0.75 higher. Slow
market activity and light demand.
Compared to Prior Day's closing weighted average (LM_HG200), 0.20 higher
Base Price Range $82.00 - $95.00, Weighted Average $89.93
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
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 85.00 99.62 86.50 100.79 87.50 103.22 88.50 105.02 89.00 106.82
0.5 82.00 98.00 85.00 99.17 87.50 101.60 88.00 103.40 89.00 105.20
0.6 82.00 96.50 85.00 97.55 86.50 99.98 87.50 101.78 88.50 103.58
0.7 82.00 95.00 82.00 95.92 85.00 98.36 87.50 100.16 88.00 101.96
0.8 81.00 94.00 82.00 95.00 85.00 96.74 86.50 98.54 88.00 100.34
0.9 81.00 92.00 82.00 94.00 82.00 95.11 85.00 96.92 87.50 98.72
1.0 79.00 92.00 81.00 92.00 82.00 93.49 85.00 95.29 86.50 97.10
1.1 78.00 90.00 81.00 90.34 82.00 92.00 82.00 93.67 86.50 95.47
1.2 78.00 88.00 79.00 88.87 81.00 91.00 82.00 92.00 85.00 93.29
1.4 74.50 82.00 78.00 86.02 78.50 87.49 81.00 91.00 81.50 92.00
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -9.01 175# -4.00 2.25 205# -7.21 4.50
155# -30.00 0.00 185# -1.00 4.00 215# -7.21 4.25
165# -15.00 0.00 195# -1.80 4.50 225# -7.21 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 200.36 lb carcass, 0.70 inch back-fat,
7.30 square inch loin/2.43 inch loin depth, FFLI: 52.30%
Price Range $87.50 - $100.16
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 75,014
Base Price Range $83.73 - $99.18, Weighted Average $89.21
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 1,991
Compared to Prior Day's closing weighted average (LM_HG200), 1.28 higher
Price Range $62.50 - $71.50, Weighted Average $69.62
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Alabama 182 Canada 270
Iowa 98,561 Illinois 24,347
Indiana 16,386 Kansas 546
Kentucky 2,135 Michigan 3,620
Minnesota 23,579 Missouri 957
Montana 622 North Carolina 883
Nebraska 10,408 New York 360
Ohio 13,383 Pennsylvania 1,620
South Carolina 352 South Dakota 763
Tennessee 1,745 Wisconsin 505
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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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