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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 MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, May 8, 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 40,013 11,752 9,134 6,767
Other Market Formula 39,181 4,995 5,342 2,561
Swine or Pork Market Formula 118,831 34,236 35,217 47,037
Other Purchase Arrangement 33,000 8,165 15,178 6,961
Packer Sold (All Purchase Types): 16,695 6,491 5,425 3,421
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 9,947
Compared to Prior Day's closing weighted average (LM_HG200), .64 lower.
Base Price Range $65.00 - $79.39, Weighted Average $76.12
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 67.50 83.39 68.50 83.50 69.50 85.43 71.00 86.93 71.00 88.42
0.5 65.00 83.39 67.50 83.39 69.50 84.09 70.50 85.58 71.00 87.14
0.6 65.00 82.89 67.50 83.39 68.50 83.39 69.50 84.78 71.00 86.35
0.7 65.00 81.00 65.00 81.75 67.50 82.89 69.50 84.00 70.50 85.57
0.8 63.00 81.00 65.00 81.00 67.50 81.75 68.50 83.21 70.50 84.78
0.9 63.00 79.00 65.00 79.00 65.00 80.86 67.50 82.43 69.50 84.00
1.0 62.00 77.25 63.00 79.00 65.00 80.07 67.50 81.64 68.50 83.21
1.1 61.00 76.15 63.00 76.93 65.00 78.50 65.00 80.86 68.50 82.43
1.2 61.00 75.36 62.00 76.15 63.00 77.72 65.00 80.07 67.50 81.64
1.4 57.50 73.79 58.93 74.58 58.93 76.15 58.93 77.72 58.93 80.07
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -1.49 175# -3.93 0.00 205# -5.96 0.00
155# -30.00 0.00 185# -0.79 0.00 215# -5.96 0.00
165# -11.25 0.00 195# -1.49 0.00 225# -5.96 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 $69.50 - $84.00
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 37,584
Base Price Range $67.00 - $79.68, Weighted Average $72.98
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 1,442
Compared to Prior Day's closing weighted average (LM_HG200), .37 lower.
Price Range $53.07 - $61.57, Weighted Average $58.35
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SOWS
NEGOTIATED PURCHASE (Including Packer Sold)
Sows Purchased (live and carcass basis): 461
Weight Range Head Count Avg Weight Price Range Wtd Avg
(Live Basis) 300-449 lbs. prices not reported due to confidentiality
450-499 lbs. 215 465 23.00-27.27 24.23
500/up lbs. 246 560 24.50-30.27 26.32
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ALL SWINE PURCHASES BY STATE OF ORIGIN
Arkansas 99 Canada 454
Georgia 88 Iowa 23,255
Illinois 2,763 Indiana 5,704
Kansas 414 Kentucky 177
Louisiana 25 Michigan 659
Minnesota 11,995 Missouri 334
Mississippi 1,673 North Carolina 675
Nebraska 3,475 New York 300
Ohio 8,561 Oklahoma 271
Pennsylvania 3,720 South Dakota 175
Tennessee 778 Wisconsin 222
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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