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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.
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, May 9, 2008 (As of 9:30 AM)
CURRENT VOLUME BY PURCHASE TYPE
LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold:
Negotiated 35,039 10,375 12,421 10,846
Other Market Formula 38,784 16,803 2,305 715
Swine or Pork Market Formula 107,103 37,827 36,537 48,146
Other Purchase Arrangement 55,230 8,585 7,630 7,008
Packer Sold (All Purchase Types): 14,356 4,772 5,467 5,596
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 8,302
Compared to Prior Day's closing weighted average (LM_HG200), .32 lower.
Base Price Range $72.50 - $81.00, Weighted Average $77.06
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 75.00 85.05 76.00 85.86 77.00 87.48 78.50 89.10 78.50 90.01
0.5 72.50 84.24 75.00 85.05 77.00 86.67 78.00 88.29 78.50 89.91
0.6 72.50 83.43 75.00 84.24 76.00 85.86 77.00 87.48 78.50 89.10
0.7 72.50 82.62 72.50 83.43 75.00 85.05 76.50 86.67 78.00 88.29
0.8 70.50 81.23 72.50 82.62 75.00 84.24 75.00 85.86 76.50 87.48
0.9 70.50 80.19 72.50 81.00 72.50 83.43 75.00 85.05 75.00 86.67
1.0 69.50 79.38 70.50 80.19 72.00 82.62 74.00 84.24 75.00 85.86
1.1 68.50 78.57 70.00 79.38 72.00 81.00 72.00 83.43 74.00 85.05
1.2 68.00 77.76 68.00 78.57 70.00 80.19 70.00 82.62 72.00 84.24
1.4 62.00 76.14 65.00 76.95 65.00 78.57 66.68 80.19 68.00 82.62
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CARCASS WEIGHT DIFFERENTIALS
145# -28.35 -1.52 175# -4.05 0.00 205# -6.07 0.00
155# -13.50 0.00 185# -0.81 0.00 215# -6.07 0.00
165# -6.00 0.00 195# -1.52 0.00 225# -6.07 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 196.82 lb carcass, 0.70 inch back-fat,
7.05 square inch loin/2.35 inch loin depth, FFLI: 52.17%
Price Range $76.50 - $86.67
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 40,041
Base Price Range $71.78 - $80.82, Weighted Average $73.81
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 1,773
Compared to Prior Day's closing weighted average (LM_HG200), .70 lower.
Price Range $53.56 - $62.17, Weighted Average $59.12
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SOWS
NEGOTIATED PURCHASE (Including Packer Sold)
Sows Purchased (live and carcass basis): 555
Weight Range Head Count Avg Weight Price Range Wtd Avg
(Live Basis) 300-449 lbs. prices not reported due to confidentiality
450-499 lbs. 74 487 24.35-29.45 26.26
500/up lbs. 481 559 25.55-30.54 27.55
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ALL SWINE PURCHASES BY STATE OF ORIGIN
Alabama 822 Canada 655
Iowa 19,485 Illinois 2,190
Indiana 7,829 Kansas 1,051
Kentucky 1,235 Michigan 1,135
Minnesota 12,417 Missouri 1,404
Mississippi 1,036 North Carolina 324
Nebraska 8,476 New York 180
Ohio 18,833 Pennsylvania 3,271
South Dakota 1,820 Tennessee 890
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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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