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Manitoba Hog Price Summary

WINNIPEG, MB, May 08, 2008 (Resource News International via COMTEX) -- The following is the Manitoba Daily Hog Price Summary for Wednesday, May 7, 2008. Source: Manitoba Agriculture.

Iowa-S. Minnesota Hog Price
       Estimated Packer     Estimated Packer
       Plant Top, 49-50%    Value of a 250lb   Premium 51-52%
     lean, live equivalent          Hog           Lean Hog
May 07      US$58.45/cwt      US$150.49/hog      US$1.75/cwt
May 06      US$57.35/cwt      US$147.76/hog      US$1.75/cwt
May 05      US$56.23/cwt      US$144.94/hog      US$1.75/cwt
May 02      US$54.92/cwt      US$141.66/hog      US$1.75/cwt
Manitoba Equivalent Hog Price Calculation
             US Dollar      Value of a 250lb Hog
May 07       C$1.0021          C$150.81
May 06       C$1.0035          C$148.27
May 05       C$1.0125          C$146.76
May 02       C$1.0183          C$144.25
            Manitoba Index      Average Carcass
             of a 51-52%        Weight of 250lb
            Lean hog (est)         Hog (est)
May 07           110                 200 lb
May 06           110                 200 lb
May 05           110                 200 lb
May 02           110                 200 lb
Manitoba Equivalent Hog Price for hogs fob Iowa Plant
          Index 100 (dressed, excluding  freight, fees, etc.)
May 07        C$68.55/cwt     C$151.12/100kg
May 06        C$67.40/cwt     C$148.58/100kg
May 05        C$66.71/cwt     C$147.06/100kg
May 02        C$65.57/cwt     C$144.56/100kg
Estimated Freight/Fees: Wpg To Sioux Falls, South Dakota
May 07        C$9.50/100kg
May 06        C$9.50/100kg
May 05        C$9.50/100kg
May 02        C$9.50/100kg


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