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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 AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 7, 2008 (As of 1:30 PM)
CURRENT VOLUME BY PURCHASE TYPE
LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold:
Negotiated 46,845 38,624 29,426 15,833
Other Market Formula 26,153 19,325 12,045 15,880
Swine or Pork Market Formula 127,220 70,071 69,842 77,711
Other Purchase Arrangement 34,880 27,462 33,238 28,015
Packer Sold (All Purchase Types): 18,633 8,204 8,314 10,606
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 28,233
Compared to Prior Day's closing weighted average (LM_HG200), 1.65 higher.
Base Price Range $69.25 - $80.53, Weighted Average $76.72
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 84.78 73.13 86.35 73.13 86.82
0.5 69.25 84.53 71.75 84.53 73.13 84.53 73.13 85.57 73.13 87.14
0.6 69.25 84.03 71.75 84.53 72.75 84.53 73.75 84.78 75.25 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 71.75 82.43 72.36 84.00
1.0 66.25 79.31 67.25 79.73 69.25 80.07 71.36 81.64 72.36 83.21
1.1 65.25 76.15 67.25 77.23 68.87 78.50 68.87 80.86 68.87 82.43
1.2 65.25 75.36 65.36 76.15 67.25 77.72 67.36 80.07 68.87 81.64
1.4 58.93 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# -30.80 -1.46 175# -3.93 0.00 205# -5.86 0.00
155# -30.80 0.00 185# -1.50 0.00 215# -5.86 0.00
165# -11.55 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): 68,811
Base Price Range $66.28 - $80.30, Weighted Average $71.50
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 7,104
Compared to Prior Day's closing weighted average (LM_HG200), .04 higher.
Price Range $47.14 - $62.00, Weighted Average $58.66
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SOWS
NEGOTIATED PURCHASE (Including Packer Sold)
Sows Purchased (live and carcass basis): 3,414
Weight Range Head Count Avg Weight Price Range Wtd Avg
(Live Basis) 300-449 lbs. 1,445 404 18.02-26.03 23.69
450-499 lbs. 650 470 19.83-27.75 24.36
500/up lbs. 1,319 558 20.88-29.75 26.30
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ALL SWINE PURCHASES BY STATE OF ORIGIN
Alabama 329 Arkansas 173
Canada 1,753 Georgia 103
Iowa 60,046 Illinois 16,375
Indiana 15,942 Kansas 848
Kentucky 738 Michigan 3,899
Minnesota 19,737 Missouri 2,650
Mississippi 1,786 Montana 593
North Carolina 2,915 North Dakota 130
Nebraska 11,745 New York 360
Ohio 13,115 Oklahoma 167
Pennsylvania 3,824 South Carolina 414
South Dakota 3,597 Tennessee 725
Utah 1,408 Virginia 287
Wisconsin 687 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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