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USDA AM Daily Direct Hogs |
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9/08 11:01 AM
USDA AM Daily Direct Hogs 09/08 11:01 LM_HG202 Des Moines, Iowa Wed, Sep 08, 2010 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, September 8, 2010 (As of 9:30 AM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 15,333 9,867 5,390 9,141 Other Market Formula 27,522 12,564 7,018 11,463 Swine or Pork Market Formula 137,066 27,546 30,740 36,404 Other Purchase Arrangement 58,252 21,622 15,622 5,290 Packer Sold (all purchase types) 24,271 2,766 2,573 4,407 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,480 Compared to Prior Day's closing weighted average (LM_HG200), 2.01 lower Base Price Range $73.00 - $80.75, Weighted Average $77.05 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- 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 75.50 85.37 76.50 86.38 77.50 88.46 79.00 90.00 79.00 91.55 0.5 73.00 84.30 75.50 85.27 77.50 87.07 78.50 88.61 79.00 90.16 0.6 73.00 85.05 75.50 85.05 76.50 85.68 77.50 87.22 79.00 88.77 0.7 73.00 85.05 73.00 85.05 75.50 85.05 77.50 85.84 78.50 87.38 0.8 71.00 85.05 73.00 85.05 75.50 85.05 76.50 85.05 78.50 85.99 0.9 71.00 81.11 73.00 81.56 73.00 82.53 75.50 83.50 77.50 84.79 1.0 70.00 81.11 71.00 81.11 73.00 81.56 75.50 82.53 76.50 83.82 1.1 69.00 78.73 71.00 79.70 73.00 80.67 73.00 81.64 75.66 82.95 1.2 69.00 77.76 70.00 78.73 70.55 79.70 73.00 80.67 75.00 82.16 1.4 62.05 75.91 62.05 76.87 62.05 77.84 62.05 78.81 64.74 80.58 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -31.50 -1.54 175# -3.95 0.00 205# -6.18 0.00 155# -31.50 0.00 185# -0.79 0.00 215# -6.18 0.00 165# -11.81 0.00 195# -1.54 0.00 225# -6.18 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 194.80 lb carcass, 0.71 inch back-fat, 6.96 square inch loin/2.32 inch loin depth, FFLI: 51.96% Price Range $77.50 - $85.84 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 27,596 Base Price Range $74.48 - $84.14, Weighted Average $76.55 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 4,375 Compared to Prior Day's closing weighted average (LM_HG200), 2.89 higher Price Range $56.02 - $66.00, Weighted Average $65.13 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 900 Colorado 330 Iowa 22,881 Illinois 3,590 Indiana 6,812 Kentucky 650 Michigan 1,830 Minnesota 21,503 Missouri 170 North Carolina 81 Nebraska 1,948 New York 180 Ohio 7,736 Pennsylvania 1,090 South Dakota 435 Tennessee 804 Wisconsin 512 -------------------------------------------------------------------------------- Source: USDA Market News Service, Des Moines, IA 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1100C .
