USDA ECB Daily Direct Hogs (AM) |
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9/03 10:58 AM
USDA ECB Daily Direct Hogs (AM) 09/03 10:58
LM_HG209
Des Moines, Iowa Fri, Sep 03, 2010 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
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 11,918 5,030 3,901 4,738
Other Market Formula 5,489 889 200 1,402
Swine or Pork Market Formula 44,149 9,248 8,975 9,454
Other Purchase Arrangement 19,485 5,706 6,493 4,760
Packer Sold (all purchase types) 1,512 180 1,062 890
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,904
Compared to Prior Day's closing weighted average (LM_HG207), 1.61 lower
Base Price Range $70.50 - $77.70, Weighted Average $75.73
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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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 73.00 83.78 74.00 84.76 75.00 86.81 76.50 88.32 76.50 89.84
0.5 70.50 82.42 73.00 83.40 75.00 85.45 76.00 86.96 76.50 88.48
0.6 70.50 81.05 73.00 82.04 74.00 84.08 75.00 85.60 76.50 87.11
0.7 70.50 79.69 70.50 80.67 73.00 82.72 75.00 84.23 76.00 85.75
0.8 68.50 79.20 70.50 79.31 73.00 81.36 74.00 82.87 76.00 84.39
0.9 68.50 77.70 70.50 77.95 70.50 79.99 73.00 81.51 75.00 83.02
1.0 67.50 75.60 68.50 77.70 70.50 78.63 73.00 80.14 74.00 81.66
1.1 66.50 74.24 68.50 75.22 70.50 77.27 70.50 78.78 74.00 80.30
1.2 66.50 71.96 67.50 72.95 68.50 74.99 70.50 76.51 72.50 78.02
1.4 61.70 68.00 61.70 71.50 61.70 72.50 61.70 73.50 68.50 75.50
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CARCASS WEIGHT DIFFERENTIALS
145# -22.00 -1.52 175# -3.00 0.00 205# -6.06 0.00
155# -22.00 0.00 185# 0.00 0.00 215# -6.06 0.00
165# -6.00 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: 188.48 lb carcass, 0.68 inch back-fat,
6.99 square inch loin/2.33 inch loin depth, FFLI: 52.51%
Price Range $75.00 - $84.23
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,482
Base Price Range $74.87 - $82.66, Weighted Average $77.30
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 192
Compared to Prior Day's closing weighted average (LM_HG207), 0.70 lower
Price Range $62.70 - $63.50, Weighted Average $63.39
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Illinois 1,521 Indiana 2,292
Kentucky 660 Michigan 2,914
North Carolina 120 New York 180
Ohio 6,548 Pennsylvania 885
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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