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9/03 10:58 AM
USDA AM Daily Direct Hogs 09/03 10:58
LM_HG202
Des Moines, Iowa Fri, Sep 03, 2010 USDA Market News
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, September 3, 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 21,283 7,388 5,210 9,057
Other Market Formula 21,519 1,749 1,250 5,702
Swine or Pork Market Formula 156,658 35,059 34,382 49,416
Other Purchase Arrangement 84,691 16,867 16,933 5,300
Packer Sold (all purchase types) 27,390 3,814 3,879 4,205
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,959
Compared to Prior Day's closing weighted average (LM_HG200), 1.15 lower
Base Price Range $68.75 - $78.25, Weighted Average $76.08
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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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 71.25 83.78 72.25 84.76 73.25 86.81 74.75 88.32 74.75 89.84
0.5 68.75 82.42 71.25 83.40 73.25 85.45 74.25 86.96 74.75 88.48
0.6 68.75 84.51 71.25 84.51 72.25 84.51 73.25 85.60 74.75 87.11
0.7 68.75 84.51 68.75 84.51 71.25 84.51 73.25 84.51 74.25 85.75
0.8 66.75 84.51 68.75 84.51 71.25 84.51 72.25 84.51 74.25 84.51
0.9 66.75 80.60 68.75 80.60 68.75 80.60 71.25 81.51 73.25 83.02
1.0 65.75 80.60 66.75 80.60 68.75 80.60 71.25 80.60 72.25 81.66
1.1 64.75 75.90 66.75 75.90 68.75 77.27 68.75 78.78 72.25 80.30
1.2 64.75 75.90 65.75 75.90 66.75 75.90 68.75 76.51 71.25 78.02
1.4 60.35 68.00 60.35 71.50 60.35 72.50 60.35 73.50 63.50 75.50
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CARCASS WEIGHT DIFFERENTIALS
145# -31.30 -1.52 175# -3.00 0.00 205# -6.06 0.00
155# -31.30 0.00 185# 0.00 0.00 215# -6.06 0.00
165# -11.74 0.00 195# -1.52 0.00 225# -6.06 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 195.35 lb carcass, 0.71 inch back-fat,
7.02 square inch loin/2.34 inch loin depth, FFLI: 52.00%
Price Range $73.25 - $84.51
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 35,793
Base Price Range $74.85 - $85.31, Weighted Average $76.82
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 2,397
Compared to Prior Day's closing weighted average (LM_HG200), 1.19 higher
Price Range $49.10 - $66.00, Weighted Average $64.73
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 23,356 Illinois 1,521
Indiana 2,292 Kansas 880
Kentucky 660 Michigan 2,914
Minnesota 17,874 Missouri 1,495
North Carolina 120 Nebraska 1,179
New York 180 Ohio 6,548
Pennsylvania 885 South Dakota 1,100
Tennessee 641 Wisconsin 10
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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
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