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USDA-LM: National Daily Direct Prior Day Slaughtered Swine

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 HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, May 8, 2008


Barrows and Gilts (Live and Carcass Basis): 384,759

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

HEAD COUNT                       40,234    36,558   146,522    49,504    272,818
CARCASS BASE PRICE                76.04     69.63     75.05     73.31      74.10
AVERAGE NET PRICE                 77.85     72.71     77.54     76.25      76.70
LOWEST NET LOT                    47.60     63.61     59.71     62.40      61.90
HIGHEST NET LOT                   83.47     84.17     84.03     88.27      85.08
AVERAGE LIVE WT                  257.77    270.13    264.76    261.65     264.15
AVERAGE CARCASS WT               195.32    203.33    200.37    199.98     199.99
AVERAGE SORT LOSS                 -1.31     -1.33     -1.20     -0.86      -1.17
AVERAGE BACKFAT                    0.70      0.71      0.72      0.70       0.71
AVERAGE LOIN DEPTH (LD)            2.33      2.52      2.54      2.33       2.46
LOINEYE AREA (LD Converted)        6.99      7.59      7.62      6.99       7.39
AVERAGE LEAN PERCENT              54.49     55.05     55.02     54.63      54.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                          All Purchase Types
HEAD COUNT                       23,628
CARCASS BASE PRICE                74.05
AVERAGE NET PRICE                 77.73
AVERAGE OF LOWEST NET LOTS        71.70
AVERAGE OF HIGHEST NET LOTS       84.51
AVERAGE LIVE WT                  264.60
AVERAGE CARCASS WT               205.43
AVERAGE SORT LOSS                 -1.53
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.48
LOINEYE AREA (LD Converted)        7.46
AVERAGE LEAN PERCENT              54.76
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       88,313
AVERAGE LIVE WT                  266.55
AVERAGE CARCASS WT               203.38
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.36
AVERAGE LEAN PERCENT              53.49
--------------------------------------------------------------------------------
                   MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
201.10 lbs carcass;  BF 0.71;  LD 2.45;  LEA 7.34;  FFLI  52.20%

                           CARCASS-BASED PURCHASES:
                           Wtd Avg Base      $74.09
                           Wtd Avg Net Price $76.77
--------------------------------------------------------------------------------
SOWS (ALL PURCHASE TYPES - Live and Carcass Basis):

                              NEGOTIATED                TOTAL ALL SOWS
HEAD COUNT                       6,109                      7,522

BASE PRICE(LIVE BASIS)                             WTD AVG ALL PURCHASE TYPE
300-449                          24.67                      24.16
450-499                          25.43                      25.40
500 & up                         27.21                      27.32
AVERAGE LIVE WT
300-449                         404.15                     397.15
450-499                         475.41                     473.04
500 & up                        548.47                     551.65

BOARS (Live and Carcass Basis): 625
Price not reported due to confidentiality.
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)      Head Count
        May 09, 2008                   329,842
        May 10, 2008                    48,520
        May 11, 2008                    41,251
        May 12, 2008                   302,425
        May 13, 2008                   294,144
        May 14, 2008                   279,542
        May 15, 2008                   271,880
        May 16, 2008                   242,103
        May 17, 2008                     6,732
        May 18, 2008                    23,339
        May 19, 2008                    88,512
        May 20, 2008                    95,555
        May 21, 2008                    94,364
        May 22, 2008                    84,173
--------------------------------------------------------------------------------
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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