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Des Moines, Iowa - Wed, May 07, 2008 - USDA Market News
This report is based on information provided by companies that agreed to
continue to participate in Livestock Mandatory Reporting on a voluntary basis.
NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, May 6, 2008
CURRENT VOLUME BY PURCHASE TYPE
LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 40,659 50,507 32,946
Other Market Formula 35,964 23,963 18,203
Swine or Pork Market Formula 133,590 132,224 140,519
Other Purchase Arrangement 36,549 34,019 31,789
Packer Sold (all purchase types) 26,312 25,339 21,145
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NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 25,048 35,964 126,043 35,622 222,677
Base Price 74.68 72.41 74.35 73.41 73.92
Packer Sold
Head Count 18,991
Base Price 73.47
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 29,353
Compared to Prior Day's closing weighted average (LM_HG200), 1.04 higher.
Base Price Range $62.00 - $79.03, Weighted Average $75.07
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
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 64.50 83.03 65.50 82.95 66.50 84.51 68.00 86.08 68.00 86.08
0.5 62.00 83.03 64.50 83.03 66.50 83.73 67.50 85.29 68.00 86.86
0.6 62.00 82.53 64.50 83.03 65.50 83.03 66.50 84.51 68.00 86.08
0.7 62.00 81.00 62.00 81.25 64.50 82.53 66.50 83.73 67.50 85.29
0.8 60.00 81.00 62.00 81.00 64.50 81.38 65.50 82.95 67.50 84.51
0.9 60.00 78.50 62.00 78.50 62.00 80.60 64.50 82.16 66.50 83.73
1.0 59.00 77.25 60.00 78.50 62.00 79.82 64.50 81.38 65.50 82.95
1.1 58.00 75.90 60.00 76.69 62.00 78.25 62.00 80.60 65.50 82.16
1.2 58.00 75.12 59.00 75.90 60.00 77.47 62.00 79.82 64.50 81.38
1.4 54.50 73.56 56.44 74.34 56.44 75.90 56.44 77.47 56.44 79.82
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -1.41 175# -3.91 0.00 205# -5.64 0.00
155# -30.00 0.00 185# -1.50 0.00 215# -5.64 0.00
165# -11.25 0.00 195# -1.41 0.00 225# -5.64 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 196.10 lb carcass, 0.70 inch back-fat,
7.08 square inch loin/2.36 inch loin depth, FFLI: 52.19%
Price Range $66.50 - $83.73
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 137,665
Base Price Range $66.31 - $81.37, Weighted Average $74.09
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 9,043
Compared to Prior Day's closing weighted average (LM_HG200), 1.04 higher.
Price Range $48.87 - $62.50, Weighted Average $58.62
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SOWS
NEGOTIATED PURCHASE (Including Packer Sold)
Sows Purchased (live and carcass basis): 4,928
Weight Range Head Count Avg Wgt Price Range Wtd Avg
(Live Basis) 300-449 1,313 408 18.46-27.64 23.15
450-499 615 474 19.84-26.75 23.73
500/up 1,748 559 20.84-31.05 25.04
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Source: USDA Market News, Des Moines, IA
515-284-4460 email: desm.lgmn@usda.gov
24 Hour recorded market information 515-284-4830
http://www.ams.usda.gov/LSMarketNews
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