|
Des Moines, Iowa - Fri, May 09, 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.
EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON PLANT LOCATION
PLANT DELIVERED PURCHASE DATA FOR Thursday, May 8, 2008
CURRENT VOLUME BY PURCHASE TYPE
LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 18,233 12,307 13,015
Other Market Formula 9,054 12,860 6,632
Swine or Pork Market Formula 44,656 41,617 48,389
Other Purchase Arrangement 17,624 18,172 13,981
Packer Sold (all purchase types) 4,892 3,361 3,048
--------------------------------------------------------------------------------
NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 10,766 8,920 42,635 17,624 79,945
Base Price 75.55 71.79 77.08 74.00 75.60
Packer Sold
Head Count 2,602
Base Price 74.22
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 10,766
Compared to Prior Day's closing weighted average (LM_HG207), 1.35 higher.
Base Price Range $70.56 - $81.76, Weighted Average $75.55
Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
EASTERN CORNBELT DAILY DIRECT NEGOTIATED HOG PURCHASES 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 73.50 84.76 74.50 84.76 75.50 84.78 76.98 86.35 77.00 86.82
0.5 71.00 85.76 73.50 85.76 75.36 84.76 76.20 85.57 76.86 87.14
0.6 71.00 84.51 73.50 85.76 74.50 85.76 75.36 84.78 76.49 86.35
0.7 71.00 83.26 71.00 84.51 73.50 84.51 73.86 85.76 75.36 85.76
0.8 69.00 83.26 71.00 83.26 72.36 84.51 72.36 84.51 73.86 85.76
0.9 69.00 81.76 71.00 81.76 71.00 83.26 72.36 83.26 72.36 84.51
1.0 68.00 79.26 69.00 81.76 69.36 81.76 71.36 81.76 72.36 83.26
1.1 67.00 76.76 67.36 79.26 69.36 79.26 69.36 81.76 71.36 82.43
1.2 65.36 76.76 65.36 76.76 67.36 77.72 67.36 80.07 69.36 81.64
1.4 59.36 73.79 62.36 74.58 62.36 76.15 65.36 77.72 65.36 80.07
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -27.48 -1.46 175# -3.93 0.00 205# -5.86 0.00
155# -13.50 0.00 185# -0.79 0.00 215# -5.86 0.00
165# -6.00 0.00 195# -1.46 0.00 225# -5.86 0.00
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5 Day Rolling Average Market Hog: 192.40 lb carcass, 0.70 inch back-fat,
7.05 square inch loin/2.35 inch loin depth, FFLI: 52.20%
Price Range $73.86 - $85.76
--------------------------------------------------------------------------------
SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 43,877
Base Price Range $67.03 - $82.51, Weighted Average $77.04
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 2,445
Compared to Prior Day's closing weighted average (LM_HG207), 1.02 higher.
Price Range $47.58 - $62.60, Weighted Average $58.41
--------------------------------------------------------------------------------
SOWS
NEGOTIATED PURCHASE (Including Packer Sold)
Sows Purchased (live and carcass basis): 4,828
Weight Range Head Count Avg Wgt Price Range Wtd Avg
(Live Basis) 300-449 1,050 413 19.00-26.74 24.80
450-499 903 472 23.00-28.45 25.38
500/up 1,135 557 24.50-30.27 26.58
--------------------------------------------------------------------------------
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
0800C
.
|
|
