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USDA-NW: National Daily Direct Hog Price Comparison

Des Moines, IA - Wed, May 07, 2008 - USDA-IA Dept of Ag Market News


National Direct Hog Price Comparison

--------------------------------------------------------------------------
                :  National   :    Iowa     :   Western   :   Eastern
                :             :  Minnesota  :  Cornbelt   :  Cornbelt
--------------------------------------------------------------------------
   Base Price is the price from which no discounts are subtracted and
   no premiums are added.
--------------------------------------------------------------------------
BARROWS & GILTS :  1.65 hgr   :  2.01 hgr   :  1.70 hgr   :  1.34 hgr
Negotiated      :             :             :             :
CARCASS BASIS   : 69.25-80.53 : 70.00-80.53 : 70.00-80.53 : 69.25-78.50
185 lb Base Hog :   wtd avg   :   wtd avg   :   wtd avg   :   wtd avg
Plant Delivered :    76.72    :    77.93    :    77.87    :    73.90
--------------------------------------------------------------------------
Head Count      :   28,233    :   15,796    :   19,871    :    8,232
==========================================================================
    National    :
  Weekly Trend  :
==========================================================================
BARROWS & GILTS :   .04 hgr   :   .23 lwr   :   .47 lwr   :  1.45 hgr
Negotiated      :             :             :             :
LIVE BASIS      : 47.14-62.00 : 50.98-62.00 : 50.98-62.00 : 47.14-62.00
240-300 lbs     :   wtd avg   :   wtd avg   :   wtd avg   :   wtd avg
Plant Delivered :    58.66    :    59.10    :    58.76    :    58.49
--------------------------------------------------------------------------
Head Count      :    7,104    :    3,153    :    4,335    :    2,769
==========================================================================
SLAUGHTER SOWS  :             :             :             :
Plant Delivered :             :             :             :
    300-449 lbs : 18.02-26.03 : 20.54-25.21 : 20.54-25.21 : 18.02-26.03
        wtd Avg :    23.69    :    24.22    :    24.25    :    23.43
                              :             :             :
    450-499 lbs : 19.83-27.75 : 23.50-27.75 : 23.50-27.75 : 22.24-25.23
        wtd Avg :    24.36    :    26.72    :    26.58    :    23.91
                :             :             :             :
     500-up lbs : 20.88-29.75 : 24.75-29.75 : 24.75-29.75 : 23.00-27.23
        wtd Avg :    26.30    .    27.76    :    27.72    :    24.87
                :             :             :             :
==========================================================================
Source: USDA Market News, Des Moines, IA
        Phone: 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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