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9/03 3:31 PM
USDA PM Daily Direct Hogs 09/03 15:31
LM_HG203
Des Moines, Iowa Fri, Sep 03, 2010 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, September 3, 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 22,636 21,295 15,352 24,378
Other Market Formula 43,378 22,705 10,395 16,739
Swine or Pork Market Formula 161,273 79,407 70,739 119,491
Other Purchase Arrangement 80,993 39,189 84,627 49,897
Packer Sold (all purchase types) 27,378 5,340 3,357 4,385
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 15,628
Compared to prior day, base prices were 1.04 lower to 1.50 higher, mostly .50
to .75 lower. Moderate market activity on moderate demand.
Compared to Prior Day's closing weighted average (LM_HG200), 0.40 higher
Base Price Range $68.75 - $83.50, Weighted Average $77.63
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 86.00 72.25 86.00 73.25 86.81 74.75 88.32 74.75 89.84
0.5 68.75 87.50 71.25 87.50 73.25 86.00 74.25 87.20 74.75 88.80
0.6 68.75 86.25 71.25 87.50 72.25 87.50 73.25 86.40 74.75 88.00
0.7 68.75 85.00 68.75 86.25 71.25 86.25 73.25 87.50 74.25 87.50
0.8 66.75 85.00 68.75 85.00 71.25 86.25 72.25 86.25 74.25 87.50
0.9 66.75 83.50 68.75 83.50 68.75 85.00 71.25 85.00 73.25 86.25
1.0 65.75 81.00 66.75 83.50 68.75 83.50 71.25 83.50 72.25 85.00
1.1 64.75 78.00 66.75 81.00 68.75 81.00 68.75 83.50 72.25 84.00
1.2 64.75 77.04 65.75 78.00 66.75 79.20 68.75 81.60 71.25 83.20
1.4 60.35 75.20 60.35 76.16 60.35 77.60 60.35 79.20 63.50 81.60
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CARCASS WEIGHT DIFFERENTIALS
145# -31.30 -1.52 175# -4.00 0.00 205# -6.06 0.00
155# -31.30 0.00 185# -0.80 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 - $87.50
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 75,159
Base Price Range $74.85 - $86.38, Weighted Average $76.72
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 4,986
Compared to Prior Day's closing weighted average (LM_HG200), 0.35 higher
Price Range $49.10 - $66.00, Weighted Average $63.89
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,050 Colorado 330
Iowa 66,025 Illinois 13,384
Indiana 10,042 Kansas 1,150
Kentucky 1,015 Michigan 4,684
Minnesota 26,606 Missouri 1,734
Mississippi 320 North Carolina 839
Nebraska 7,890 New York 360
Ohio 9,601 Pennsylvania 2,575
South Dakota 7,870 Tennessee 970
Wisconsin 269
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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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