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USDA-LM: National Daily Direct Prior Day Slaughtered Swine

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 HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, May 6, 2008


Barrows and Gilts (Live and Carcass Basis): 381,167

                             NEGOTIATED     OTHER     SWINE     OTHER    TOTALS/
                                           MARKET   OR PORK  PURCHASE    WTD AVG
                                          FORMULA    MARKET  ARRGMENT
                                                    FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                       32,293    36,685   142,914    53,565    265,457
CARCASS BASE PRICE                72.87     69.86     73.53     72.71      72.78
AVERAGE NET PRICE                 74.89     72.85     75.81     75.49      75.23
LOWEST NET LOT                    46.01     54.69     54.07     63.27      57.78
HIGHEST NET LOT                   80.30     83.85     86.03     88.71      84.56
AVERAGE LIVE WT                  259.15    268.69    263.00    258.73     262.67
AVERAGE CARCASS WT               195.53    201.70    199.18    197.96     198.85
AVERAGE SORT LOSS                 -1.27     -1.26     -1.27     -0.80      -1.17
AVERAGE BACKFAT                    0.70      0.69      0.72      0.69       0.71
AVERAGE LOIN DEPTH (LD)            2.33      2.51      2.52      2.33       2.45
LOINEYE AREA (LD Converted)        6.98      7.53      7.58      6.98       7.36
AVERAGE LEAN PERCENT              54.34     55.23     54.95     54.93      54.91
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                          All Purchase Types
HEAD COUNT                       25,338
CARCASS BASE PRICE                71.83
AVERAGE NET PRICE                 75.75
AVERAGE OF LOWEST NET LOTS        68.24
AVERAGE OF HIGHEST NET LOTS       77.07
AVERAGE LIVE WT                  259.29
AVERAGE CARCASS WT               202.40
AVERAGE SORT LOSS                 -1.44
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.48
LOINEYE AREA (LD Converted)        7.45
AVERAGE LEAN PERCENT              54.59
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       90,372
AVERAGE LIVE WT                  266.14
AVERAGE CARCASS WT               202.53
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.36
AVERAGE LEAN PERCENT              53.65
--------------------------------------------------------------------------------
                   MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
199.94 lbs carcass;  BF 0.71;  LD 2.44;  LEA 7.31;  FFLI  52.30%

                           CARCASS-BASED PURCHASES:
                           Wtd Avg Base      $72.71
                           Wtd Avg Net Price $75.27
--------------------------------------------------------------------------------
SOWS (ALL PURCHASE TYPES - Live and Carcass Basis):

                              NEGOTIATED                TOTAL ALL SOWS
HEAD COUNT                       5,086                      6,621

BASE PRICE(LIVE BASIS)                             WTD AVG ALL PURCHASE TYPE
300-449                          23.03                      22.65
450-499                          23.56                      23.60
500 & up                         25.06                      24.90
AVERAGE LIVE WT
300-449                         398.87                     400.20
450-499                         472.14                     471.41
500 & up                        553.36                     553.53

BOARS (Live and Carcass Basis): 523
Price not reported due to confidentiality.
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)      Head Count
        May 07, 2008                   387,098
        May 08, 2008                   345,330
        May 09, 2008                   288,232
        May 10, 2008                    29,626
        May 11, 2008                    15,510
        May 12, 2008                   122,185
        May 13, 2008                   116,944
        May 14, 2008                   115,969
        May 15, 2008                   106,190
        May 16, 2008                    97,759
        May 17, 2008                     1,745
        May 18, 2008                    11,469
        May 19, 2008                    77,586
        May 20, 2008                    84,812
--------------------------------------------------------------------------------
Source:      USDA Livestock and Grain 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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