Market Hog Evaluation.

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Presentation transcript:

Market Hog Evaluation

History 1910’s

History 1910’s

History 1920’s Bacon Type: Lighter & Leaner 1924 Champion Chester White Barrow 1924 Champion Pen Three Yorkshrires

History 1940’s 1944 1947

History 1950’s 1949 1954 1958

History 1960’s 1967

History 1970’s 1970 1977 1978

History 1980’s 1982 1983 1988

History 1990’s 1991 1994

History Late 1990’s 1998

History 2000’s

History 2000’s

History 2000’s .4 BF 8.9 LEA, 62.61% Lean

History 2000’s

History 2000’s

History 2003

History 1990’s 1991 2001

1961 1980 1996

History 1960’s 35 years of change

Trend to Heavier constructed Future Complete With Muscle Trend to Heavier constructed Bigger boned & Heavier muscled hogs

Average Market Hog 2000 NPPC lean growth modeling Project: 1550 head of hogs Weight 280 lbs Back fat 1.1” LEA 5.5 Muscle 2 USDA Grade #2

Ideal Market Hog Weight 275 lbs Back fat .8” LEA 6.0 + Muscle 2+ USDA Grade #1

Ideal Market Hog Packers response: - 270 lbs - White Hogs prefered - Hogs that can walk - Minimum fat depth of .6” - Swift/Hormel .8” export market higher - Loin eye 7” - Minimum 54% lean - Stress Free

Ideal Market Hog Quality (Packer response 1) Water holding capacity 2) Color 3) Tenderness 4) IMF (intramuscular fat)

Ideal Market Hog Quality (Packer response 1) Water holding capacity - Greatest economic loss to the industry - Dries excessively during cooking

Ideal Market Hog Quality (Packer response 2) Color - Important to consumers and japenesse market - Cannot be measured on kill floor ~ fab floor - Id becomes a problem

Quality Color Standards Unacceptable 1 2 3 4 Unacceptable 5

Ideal Market Hog Quality (Packer response 3) Tenderness - Many packers enhance product up to 30% to insure tenderness and juiciness

Ideal Market Hog Quality (Packer response 4) IMF (intramuscular fat) - Provides juiciness and flavor - Not as much of an issue with (enhanced pork) - Evaluated on a scale of 1-10

Marbling Scores Unacceptable 1 2 4 3 Unacceptable 5

RFN Ham Red, Firm, and Normal (RFN)

PSE Pale, Soft, and Exudative (PSE)

DFD Ham Dark, Firm, and Dry (DFD)

Market Hog Evaluation Two methods to quantify Lean to fat 1) USDA Grade - Oldest used only to classify markets by some reporters 2) Percent Lean

Market Hog Evaluation USDA Yield Grade Last rib back fat Muscle score (1, 2, 3) (4 x last rib fat) – muscle score

Market Hog Evaluation Percent Lean 1) Weight - 2) Fat measurement 10th rib Best indicator of total fat – Why? 3) Loin eye measurement - 10th rib - best indicator of total muscle Base Hog is 250 lbs, .80 BF, 5.0 LEA

Visual Indicators of Muscle/Lean

Visual Indicators of Muscle/Lean

Visual Indicators of Muscle/Lean

Visual Indicators of Muscle/Lean

Practice Comparisons 235 lbs

Practice Comparisons 285 lbs

Practice Comparisons 235 lbs 285 lbs DP .74 Last rib BF .3 Muscle score 2+ USDA Grade #1 10th rib BF .40 LEA 7.2 % Lean 58.5 DP .73 Last rib BF 1.9 Muscle score 2- USDA Grade #5.6 10th rib BF 1.8 LEA 3.8 % Lean 37.6

Practice Comparisons 245 lbs

Practice Comparisons 245 lbs DP .72 HCW 180 Last rib BF 1.25 Muscle score 2- USDA Grade #3 10th Rib BF 1.20 LEA 4.2 % Lean 43.7

Practice Comparisons 270 lbs

Practice Comparisons 270 lbs DP .70 HCW 195 Last rib BF 1.00 Muscle score 2 USDA Grade #3 10th Rib BF .95 LEA 7.1 % Lean 50.6

Practice Comparisons 245 lbs

Practice Comparisons 245 lbs DP .74 HCW 181 Last rib BF .45 Muscle score 2+ USDA Grade #0 10th Rib BF .45 LEA 7.4 % Lean 58.0

# 4 Wt. 287

# 4 Wt. 287 Percent Muscle Wt. 287 DP,% 74 HCW 213 10th rib .45 LEA 9.2 % Lean 58.9 USDA Grade Last rib .9 Muscle Score 3 USDA Grade .6

Market Hog Pricing Hogs purchased on a Percent Lean Basis Most accurate method to calculate value If procedure is done correctly 1) Fat - O – Meater - Uses backfat and loin depth - John Morrell 2) Ultrasound - Most accurate method to asses lean - Uses actual image of LEA, and 10th rib fat - Thorn Apple Valley , Some IBP

IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASES MATRIX 185 lb Carcass Basis (Defined by Muscle and Fat) LOIN AREA/DEPTH (INCHES) BACK-FAT Back fat 4.0/1.4 5.0/1.7 6.0/2.0 7.0/2.3 8.0/2.7 0.4 52.4 54.5 55.0 56.3 56.0 0.5 52.3 53.6 54.6 55.4 56.0 0.6 52.0 52.2 54.3 55.2 55.8 0.7 49.9 52.0 53.4 54.3 55.7 0.8 53.4 51.0 51.3 54.0 54.9 0.9 47.9 49.3 51.0 52.3 54.8 1.0 46.3 48.9 49.9 50.3 53.0 1.1 44.3 46.8 47.8 49.3 51.5 1.2 41.7 45.8 47.1 47.8 48.1 1.4 83.3 42.4 43.2 43.5 44.0 *Base Market Hog 185 lb Carcass Basis, Plant Delivered (0.9-1.1 inch back-fat, 6 square inch loin/2.0 depth) Base Price Range $46.50 - $54.05, weighted average 51.64

IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASES MATRIX 185 lb Carcass Basis (Defined by Muscle and Fat) LOIN AREA/DEPTH (INCHES) BACK-FAT Back fat 4.0/1.4 5.0/1.7 6.0/2.0 7.0/2.3 8.0/2.7 0.4 52.4 54.5 55.0 56.3 56.0 0.5 52.3 53.6 54.6 55.4 56.0 0.6 52.0 52.2 54.3 55.2 55.8 0.7 49.9 52.0 53.4 54.3 55.7 0.8 53.4 51.0 51.3 54.0 54.9 0.9 47.9 49.3 51.0 52.3 54.8 1.0 46.3 48.9 49.9 50.3 53.0 1.1 44.3 46.8 47.8 49.3 51.5 1.2 41.7 45.8 47.1 47.8 48.1 1.4 83.3 42.4 43.2 43.5 44.0 *Base Market Hog 185 lb Carcass Basis, Plant Delivered (0.9-1.1 inch back-fat, 6 square inch loin/2.0 depth) Base Price Range $46.50 - $54.05, weighted average 51.64

IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASES MATRIX 185 lb Carcass Basis (Defined by Muscle and Fat) LOIN AREA/DEPTH (INCHES) BACK-FAT Back fat 4.0/1.4 5.0/1.7 6.0/2.0 7.0/2.3 8.0/2.7 0.4 52.4 54.5 55.0 56.3 56.0 0.5 52.3 53.6 54.6 55.4 56.0 0.6 52.0 52.2 54.3 55.2 55.8 0.7 49.9 52.0 53.4 54.3 55.7 0.8 53.4 51.0 51.3 54.0 54.9 0.9 47.9 49.3 51.0 52.3 54.8 1.0 46.3 48.9 49.9 50.3 53.0 1.1 44.3 46.8 47.8 49.3 51.5 1.2 41.7 45.8 47.1 47.8 48.1 1.4 41.6 42.4 43.2 43.5 44.0 *Base Market Hog 185 lb Carcass Basis, Plant Delivered (0.9-1.1 inch back-fat, 6 square inch loin/2.0 depth) Base Price Range $46.50 - $54.05, weighted average 51.64

IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASES MATRIX 185 lb Carcass Basis (Defined by Muscle and Fat) LOIN AREA/DEPTH (INCHES) BACK-FAT Back fat 4.0/1.4 5.0/1.7 6.0/2.0 7.0/2.3 8.0/2.7 0.4 52.4 54.5 55.0 56.3 56.0 0.5 52.3 53.6 54.6 55.4 56.0 0.6 52.0 52.2 54.3 55.2 55.8 0.7 49.9 52.0 53.4 54.3 55.7 0.8 53.4 51.0 51.3 54.0 54.9 0.9 47.9 49.3 51.0 52.3 54.8 1.0 46.3 48.9 49.9 50.3 53.0 1.1 44.3 46.8 47.8 49.3 51.5 1.2 41.7 45.8 47.1 47.8 48.1 1.4 41.6 42.4 43.2 43.5 44.0 *Base Market Hog 185 lb Carcass Basis, Plant Delivered (0.9-1.1 inch back-fat, 6 square inch loin/2.0 depth) Base Price Range $46.50 - $54.05, weighted average 51.64/cwt HCW or 37.18/cwt live 15.00 Difference 10.8 Live Basis