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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 PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, May 8, 2008
CURRENT VOLUME BY PURCHASE TYPE
LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 45,245 36,812 25,924
Other Market Formula 45,396 36,655 42,614
Swine or Pork Market Formula 135,906 125,353 134,075
Other Purchase Arrangement 29,430 48,448 30,890
Packer Sold (all purchase types) 26,503 21,861 19,405
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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 30,879 45,262 131,515 29,066 236,722
Base Price 77.19 72.43 76.05 73.79 75.23
Packer Sold
Head Count 18,554
Base Price 74.45
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 33,229
Compared to Prior Day's closing weighted average (LM_HG200), .62 higher.
Base Price Range $65.00 - $81.76, Weighted Average $77.38
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 85.76 68.50 84.80 69.50 86.40 71.00 88.00 71.00 88.00
0.5 65.00 85.76 67.50 85.76 69.50 85.76 70.50 87.20 71.00 88.80
0.6 65.00 85.26 67.50 85.76 68.50 85.76 69.50 86.40 71.00 88.00
0.7 65.00 83.26 65.00 84.51 67.50 85.26 69.50 85.76 70.50 87.20
0.8 63.00 83.26 65.00 83.26 67.50 84.51 68.50 84.80 70.50 86.40
0.9 63.00 81.76 65.00 81.76 65.00 83.26 67.50 84.00 69.50 85.60
1.0 62.00 79.31 63.00 81.76 65.00 81.76 67.50 83.20 68.50 84.80
1.1 61.00 77.60 63.00 79.26 65.00 80.00 65.00 82.40 68.50 84.00
1.2 61.00 76.80 62.00 77.60 63.00 79.20 65.00 81.60 67.50 83.20
1.4 57.50 75.50 58.93 76.00 58.93 77.60 58.93 79.20 58.93 81.60
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CARCASS WEIGHT DIFFERENTIALS
145# -30.80 -1.46 175# -4.00 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: 196.60 lb carcass, 0.70 inch back-fat,
7.05 square inch loin/2.35 inch loin depth, FFLI: 52.17%
Price Range $69.50 - $85.76
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 145,116
Base Price Range $66.12 - $82.73, Weighted Average $75.76
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 6,808
Compared to Prior Day's closing weighted average (LM_HG200), 1.10 higher.
Price Range $47.58 - $63.50, Weighted Average $59.82
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SOWS
NEGOTIATED PURCHASE (Including Packer Sold)
Sows Purchased (live and carcass basis): 5,512
Weight Range Head Count Avg Wgt Price Range Wtd Avg
(Live Basis) 300-449 1,050 413 19.00-26.74 24.80
450-499 928 472 23.00-28.45 25.46
500/up 1,794 554 24.50-30.61 27.38
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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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