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USDA WCB Daily Direct Hogs (PM) |
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9/08 2:58 PM
USDA WCB Daily Direct Hogs (PM) 09/08 14:58 LM_HG212 Des Moines, Iowa Wed, Sep 08, 2010 USDA Market News WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, September 8, 2010 (As of 1:30 PM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 18,457 15,603 3,431 17,726 Other Market Formula 36,456 28,082 9,770 31,260 Swine or Pork Market Formula 86,237 41,277 47,878 59,989 Other Purchase Arrangement 35,060 22,988 21,607 8,006 Packer Sold (all purchase types) 13,006 3,342 2,949 5,197 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,329 Compared to Prior Day's closing weighted average (LM_HG208), 0.28 higher Base Price Range $70.00 - $83.99, Weighted Average $80.21 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 72.50 85.05 73.50 85.99 74.50 87.49 76.00 89.10 76.00 89.99 0.5 70.00 84.24 72.50 85.05 74.50 86.74 75.50 88.29 76.00 89.91 0.6 70.00 85.32 72.50 85.32 73.50 85.99 74.50 87.49 76.00 89.10 0.7 70.00 85.32 70.00 85.32 72.50 85.32 74.50 86.74 75.50 88.29 0.8 68.00 85.32 70.00 85.32 72.50 85.32 73.50 85.99 75.50 87.49 0.9 68.00 81.37 70.00 81.37 70.00 83.43 72.50 85.05 74.50 86.74 1.0 67.00 81.37 68.00 81.37 70.00 82.62 72.50 84.24 73.50 85.99 1.1 66.00 78.57 68.00 79.38 70.00 81.00 70.00 83.43 73.50 85.05 1.2 66.00 77.99 67.00 78.57 68.00 80.19 70.00 82.62 72.50 84.24 1.4 62.05 77.99 62.05 77.99 62.05 78.57 62.05 80.19 64.74 82.62 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -31.60 -9.52 175# -4.05 0.00 205# 0.00 0.00 155# -31.60 -6.32 185# -1.50 0.00 215# -0.81 0.00 165# -11.85 -1.35 195# 0.00 0.00 225# -1.62 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 $74.50 - $86.74 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 39,392 Base Price Range $74.48 - $84.14, Weighted Average $76.83 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 7,929 Compared to Prior Day's closing weighted average (LM_HG208), 2.35 higher Price Range $55.75 - $66.00, Weighted Average $64.78 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 54,502 Kansas 605 Minnesota 43,258 Missouri 170 Nebraska 8,930 South Dakota 1,701 -------------------------------------------------------------------------------- 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 1500C .
