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USDA WCB Daily Direct Hogs (AM) |
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9/08 11:01 AM
USDA WCB Daily Direct Hogs (AM) 09/08 11:01 LM_HG211 Des Moines, Iowa Wed, Sep 08, 2010 USDA Market News WESTERN 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 8,196 4,070 417 5,182 Other Market Formula 12,842 3,840 1,500 2,500 Swine or Pork Market Formula 89,487 22,699 21,405 28,482 Other Purchase Arrangement 36,893 15,768 10,953 711 Packer Sold (all purchase types) 13,510 2,226 2,205 3,367 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 930 Compared to Prior Day's closing weighted average (LM_HG208), 1.14 lower Base Price Range $78.00 - $79.00, Weighted Average $78.79 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- WESTERN 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 80.34 82.95 80.34 83.74 79.55 85.32 79.55 86.90 79.55 86.90 0.5 79.50 82.85 80.34 82.95 80.34 84.53 80.34 86.11 79.55 87.69 0.6 79.50 85.05 79.50 85.05 81.00 85.05 80.55 85.32 80.55 86.90 0.7 78.00 85.05 78.00 85.05 79.50 85.05 79.50 85.05 81.00 86.11 0.8 77.00 85.05 78.00 85.05 78.00 85.05 78.00 85.05 79.50 85.32 0.9 75.00 81.11 77.00 81.11 77.00 81.37 78.00 82.95 78.00 84.53 1.0 75.00 81.11 75.00 81.11 75.00 81.11 77.00 82.16 78.00 83.74 1.1 70.55 76.63 73.00 77.42 75.00 79.00 75.00 81.37 75.66 82.95 1.2 70.55 76.39 70.55 76.63 70.55 78.21 73.00 80.58 75.00 82.16 1.4 62.05 74.26 62.05 75.05 62.05 76.63 62.05 78.21 64.74 80.58 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -31.50-15.00 175# -3.95 0.00 205# 0.00 0.00 155# -31.50 -6.32 185# -0.79 0.00 215# -0.79 0.00 165# -11.81 -4.74 195# 0.00 0.00 225# -1.58 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 199.87 lb carcass, 0.72 inch back-fat, 6.96 square inch loin/2.32 inch loin depth, FFLI: 51.78% Price Range $79.50 - $85.05 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 22,076 Base Price Range $74.48 - $84.14, Weighted Average $76.48 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 2,935 Compared to Prior Day's closing weighted average (LM_HG208), 3.42 higher Price Range $57.76 - $66.00, Weighted Average $65.85 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 22,881 Minnesota 21,503 Missouri 170 Nebraska 1,948 South Dakota 435 -------------------------------------------------------------------------------- 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 .
