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USDA ECB Daily Direct Hogs (AM) |
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9/08 11:01 AM
USDA ECB Daily Direct Hogs (AM) 09/08 11:01 LM_HG209 Des Moines, Iowa Wed, Sep 08, 2010 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN 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 7,137 5,797 4,973 3,959 Other Market Formula 14,320 8,724 5,518 8,963 Swine or Pork Market Formula 40,997 4,847 9,335 7,922 Other Purchase Arrangement 20,749 5,854 4,669 4,579 Packer Sold (all purchase types) 1,540 540 368 1,040 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,650 Compared to Prior Day's closing weighted average (LM_HG207), 0.56 lower Base Price Range $75.00 - $80.75, Weighted Average $77.61 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- EASTERN CORNBELT 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 77.50 85.37 78.50 86.38 79.50 88.46 81.00 90.00 81.00 91.55 0.5 75.00 84.30 77.50 85.27 79.50 87.07 80.50 88.61 81.00 90.16 0.6 75.00 83.33 77.50 84.30 78.50 85.68 79.50 87.22 81.00 88.77 0.7 75.00 82.45 75.00 83.41 77.50 84.38 79.50 85.84 80.50 87.38 0.8 73.00 81.48 75.00 82.45 77.50 83.41 78.50 84.45 80.50 85.99 0.9 73.00 80.59 75.00 81.56 75.00 82.53 77.50 83.50 79.50 84.79 1.0 72.00 79.62 73.00 80.59 75.00 81.56 77.50 82.53 78.50 83.82 1.1 71.00 78.73 73.00 79.70 75.00 80.67 75.00 81.64 78.50 82.95 1.2 71.00 77.76 72.00 78.73 73.00 79.70 75.00 80.67 77.50 82.16 1.4 67.50 75.91 68.93 76.87 71.01 77.84 72.56 78.81 74.10 80.58 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -27.65 -1.54 175# -3.95 0.00 205# -6.18 0.00 155# -8.00 0.00 185# -0.79 0.00 215# -6.18 -0.67 165# -4.74 0.00 195# -1.54 0.00 225# -6.18 -1.33 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 190.28 lb carcass, 0.69 inch back-fat, 6.93 square inch loin/2.31 inch loin depth, FFLI: 52.29% Price Range $79.50 - $85.84 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,190 Base Price Range $75.17 - $79.97, Weighted Average $76.90 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,440 Compared to Prior Day's closing weighted average (LM_HG207), 2.06 higher Price Range $56.02 - $64.00, Weighted Average $63.68 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 3,590 Indiana 6,812 Kentucky 650 Michigan 1,830 North Carolina 81 New York 180 Ohio 7,736 Pennsylvania 1,090 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 .
