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USDA ECB Daily Direct Hogs (PM)
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9/03 3:31 PM
USDA ECB Daily Direct Hogs (PM) 09/03 15:31 LM_HG210 Des Moines, Iowa Fri, Sep 03, 2010 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN 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 11,412 10,466 8,235 7,759 Other Market Formula 8,961 3,302 900 3,569 Swine or Pork Market Formula 48,846 27,045 23,687 30,061 Other Purchase Arrangement 17,251 17,368 17,383 15,492 Packer Sold (all purchase types) 776 180 540 1,070 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,998 Compared to Prior Day's closing weighted average (LM_HG207), 0.02 lower Base Price Range $70.50 - $83.50, Weighted Average $77.32 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- 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 86.00 74.00 86.00 75.00 86.81 76.50 88.32 76.50 89.84 0.5 70.50 87.50 73.00 87.50 75.00 86.00 76.00 86.96 76.50 88.48 0.6 70.50 86.25 73.00 87.50 74.00 87.50 75.00 86.00 76.50 87.11 0.7 70.50 85.00 70.50 86.25 73.00 86.25 75.00 87.50 76.00 87.50 0.8 68.50 85.00 70.50 85.00 73.00 86.25 74.00 86.25 76.00 87.50 0.9 68.50 83.50 70.50 83.50 70.50 85.00 73.00 85.00 75.00 86.25 1.0 67.50 81.00 68.50 83.50 70.50 83.50 73.00 83.50 74.00 85.00 1.1 66.50 78.00 68.50 81.00 70.50 81.00 70.50 83.50 74.00 83.50 1.2 66.50 77.04 67.50 78.00 68.50 78.96 70.50 81.00 72.50 81.20 1.4 61.70 75.20 61.70 76.16 61.70 77.12 61.70 78.08 68.50 79.56 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -27.30 -1.52 175# -3.90 0.00 205# -6.06 0.00 155# -22.00 0.00 185# -0.78 0.00 215# -6.06 0.00 165# -6.00 0.00 195# -1.52 0.00 225# -6.06 0.00 -------------------------------------------------------------------------------- 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 - $87.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 17,626 Base Price Range $74.87 - $86.38, Weighted Average $77.91 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 801 Compared to Prior Day's closing weighted average (LM_HG207), 3.10 lower Price Range $57.39 - $63.50, Weighted Average $60.99 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 13,384 Indiana 10,042 Kentucky 1,015 Michigan 4,684 Mississippi 320 North Carolina 839 New York 360 Ohio 9,601 Pennsylvania 2,575 Tennessee 970 Wisconsin 269 -------------------------------------------------------------------------------- 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 .
 
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