USDA WCB Daily Direct Hogs (PM) |
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9/03 3:31 PM
USDA WCB Daily Direct Hogs (PM) 09/03 15:31
LM_HG212
Des Moines, Iowa Fri, Sep 03, 2010 USDA Market News
WESTERN 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 11,224 10,829 7,117 16,619
Other Market Formula 34,417 18,863 9,495 13,170
Swine or Pork Market Formula 108,934 52,362 47,052 89,430
Other Purchase Arrangement 63,742 21,821 67,244 33,885
Packer Sold (all purchase types) 18,259 5,160 2,817 3,315
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,830
Compared to Prior Day's closing weighted average (LM_HG208), 0.98 higher
Base Price Range $68.75 - $80.00, Weighted Average $78.15
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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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 71.25 84.00 72.25 84.80 73.25 86.40 74.75 88.00 74.75 88.00
0.5 68.75 83.20 71.25 84.00 73.25 85.60 74.25 87.20 74.75 88.80
0.6 68.75 84.51 71.25 84.51 72.25 84.80 73.25 86.40 74.75 88.00
0.7 68.75 84.51 68.75 84.51 71.25 84.51 73.25 85.60 74.25 87.20
0.8 66.75 84.51 68.75 84.51 71.25 84.51 72.25 84.80 74.25 86.40
0.9 66.75 80.60 68.75 80.60 68.75 82.40 71.25 84.00 73.25 85.60
1.0 65.75 80.60 66.75 80.60 68.75 81.60 71.25 83.20 72.25 84.80
1.1 64.75 77.60 66.75 78.40 68.75 80.00 68.75 82.40 72.25 84.00
1.2 64.75 76.80 65.75 77.60 66.75 79.20 68.75 81.60 71.25 83.20
1.4 60.35 75.20 60.35 76.00 60.35 77.60 60.35 79.20 63.50 81.60
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CARCASS WEIGHT DIFFERENTIALS
145# -31.30 -9.52 175# -4.00 0.00 205# 0.00 0.00
155# -31.30 -6.40 185# -0.80 0.00 215# -0.80 0.00
165# -11.74 -1.35 195# 0.00 0.00 225# -1.60 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 200.35 lb carcass, 0.73 inch back-fat,
7.02 square inch loin/2.34 inch loin depth, FFLI: 51.66%
Price Range $73.25 - $85.60
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 54,103
Base Price Range $74.85 - $85.31, Weighted Average $76.36
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 4,185
Compared to Prior Day's closing weighted average (LM_HG208), 1.58 higher
Price Range $49.10 - $66.00, Weighted Average $64.44
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 66,025 Kansas 1,150
Minnesota 26,606 Missouri 1,734
Nebraska 7,890 South Dakota 7,870
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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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