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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 MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 7, 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 38,873 14,947 10,605 6,254
Other Market Formula 35,953 10,594 1,846 1,003
Swine or Pork Market Formula 123,046 40,877 44,975 48,120
Other Purchase Arrangement 32,921 9,254 7,945 8,492
Packer Sold (All Purchase Types): 16,788 4,491 3,989 5,863
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 10,908
Compared to Prior Day's closing weighted average (LM_HG200), 1.21 higher.
Base Price Range $69.25 - $80.53, Weighted Average $76.28
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 71.75 84.53 72.75 83.53 73.13 83.89 73.13 85.35 73.13 86.82
0.5 69.25 84.53 71.75 84.53 73.13 84.53 73.13 84.03 73.13 85.50
0.6 69.25 84.03 71.75 84.53 72.75 84.53 73.75 84.53 75.25 84.18
0.7 69.25 82.08 69.25 82.53 71.75 84.03 73.75 84.53 74.75 84.53
0.8 67.25 82.08 69.25 82.08 71.75 82.53 72.36 82.53 73.86 84.53
0.9 67.25 78.53 69.25 79.53 69.25 80.53 71.75 81.53 72.36 82.53
1.0 66.25 78.28 67.25 78.53 69.25 78.53 71.36 79.53 72.36 81.53
1.1 65.25 74.53 67.25 76.03 68.87 77.53 68.87 78.53 68.87 79.96
1.2 65.25 73.72 65.36 73.87 67.25 75.39 67.36 77.67 68.87 79.20
1.4 58.93 71.58 58.93 72.34 58.93 73.87 58.93 75.39 58.93 77.67
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CARCASS WEIGHT DIFFERENTIALS
145# -30.40 -1.46 175# -3.81 0.00 205# -5.86 0.00
155# -30.40 0.00 185# -0.76 0.00 215# -5.86 0.00
165# -11.40 0.00 195# -1.46 0.00 225# -5.86 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 196.63 lb carcass, 0.70 inch back-fat,
7.08 square inch loin/2.36 inch loin depth, FFLI: 52.19%
Price Range $73.75 - $84.53
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 41,440
Base Price Range $67.09 - $77.97, Weighted Average $71.02
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 2,701
Compared to Prior Day's closing weighted average (LM_HG200), .02 lower.
Price Range $51.79 - $61.25, Weighted Average $58.60
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SOWS
NEGOTIATED PURCHASE (Including Packer Sold)
Sows Purchased (live and carcass basis): 754
Weight Range Head Count Avg Weight Price Range Wtd Avg
(Live Basis) 300-449 lbs. 179 404 18.24-24.91 22.41
450-499 lbs. 313 465 22.24-27.12 24.72
500/up lbs. 262 557 23.24-27.23 24.76
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ALL SWINE PURCHASES BY STATE OF ORIGIN
Alabama 159 Arkansas 173
Canada 200 Georgia 103
Iowa 33,524 Illinois 3,613
Indiana 3,456 Kansas 348
Kentucky 346 Michigan 1,563
Minnesota 11,768 Missouri 995
Mississippi 1,725 North Carolina 799
Nebraska 6,276 New York 360
Ohio 8,455 Oklahoma 167
Pennsylvania 3,490 South Dakota 1,095
Tennessee 331 Utah 704
Wisconsin 534 Wyoming 180
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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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