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Des Moines, Iowa - Thu, May 08, 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 PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 7, 2008
CURRENT VOLUME BY PURCHASE TYPE
LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 44,967 34,508 23,301
Other Market Formula 26,611 20,280 21,820
Swine or Pork Market Formula 141,258 140,606 147,045
Other Purchase Arrangement 32,257 40,999 33,734
Packer Sold (all purchase types) 24,383 24,308 26,152
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NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 30,161 26,513 135,830 31,316 223,820
Base Price 76.61 71.30 75.19 72.65 74.57
Packer Sold
Head Count 14,517
Base Price 74.30
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 31,811
Compared to Prior Day's closing weighted average (LM_HG200), 1.69 higher.
Base Price Range $69.25 - $80.53, Weighted Average $76.76
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 71.59 84.53 71.59 83.53 71.59 84.78 71.59 86.35 71.59 86.35
0.5 69.25 84.53 71.59 84.53 71.59 84.53 71.59 85.57 71.59 87.14
0.6 69.25 84.03 71.75 84.53 72.75 84.53 73.75 84.78 75.06 86.35
0.7 69.25 83.16 69.25 83.16 71.75 84.03 73.75 84.53 74.75 85.57
0.8 67.25 83.16 69.25 83.16 71.75 83.16 72.36 83.21 73.86 84.78
0.9 67.25 79.73 69.25 79.73 69.25 81.23 71.59 82.43 71.59 84.00
1.0 66.25 79.31 67.25 79.73 69.25 80.07 71.36 81.64 71.59 83.21
1.1 65.25 76.15 67.25 77.23 67.42 78.50 67.42 80.86 67.42 82.43
1.2 65.25 75.36 65.36 76.15 67.25 77.72 67.36 80.07 67.42 81.64
1.4 57.69 73.79 57.69 74.58 57.69 76.15 57.69 77.72 57.69 80.07
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CARCASS WEIGHT DIFFERENTIALS
145# -30.80 -1.44 175# -3.93 0.00 205# -5.75 0.00
155# -30.80 0.00 185# -1.50 0.00 215# -5.75 0.00
165# -11.55 0.00 195# -1.44 0.00 225# -5.75 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 196.30 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): 146,301
Base Price Range $66.28 - $82.87, Weighted Average $75.03
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 8,155
Compared to Prior Day's closing weighted average (LM_HG200), .10 higher.
Price Range $47.14 - $62.00, Weighted Average $58.72
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SOWS
NEGOTIATED PURCHASE (Including Packer Sold)
Sows Purchased (live and carcass basis): 4,528
Weight Range Head Count Avg Wgt Price Range Wtd Avg
(Live Basis) 300-449 1,445 404 18.02-26.03 23.69
450-499 763 472 19.83-27.75 24.37
500/up 1,511 558 19.20-29.75 26.09
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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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