|













 Friday, July 25, 2008
|
LM_HG200
Des Moines, Iowa Fri, Jul 25, 2008 USDA Market News
NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, July 24, 2008
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 33,551 46,609 37,085
Other Market Formula 58,537 29,785 162,219
Swine or Pork Market Formula 144,458 145,994 143,188
Other Purchase Arrangement 38,923 27,321 37,277
Packer Sold (all purchase types) 28,647 27,128 22,750
--------------------------------------------------------------------------------
NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 23,889 58,537 138,351 37,898 258,675
Base Price 78.82 75.23 79.47 78.11 78.25
Packer Sold
Head Count 23,128
Base Price 79.98
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 32,919
Compared to Prior Day's closing weighted average (LM_HG200), 1.11 higher
Base Price Range $70.75 - $82.50, Weighted Average $79.69
Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
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 73.25 86.09 74.25 86.50 75.25 88.13 76.75 89.76 76.75 90.41
0.5 70.75 86.09 73.25 86.09 75.25 87.31 76.25 88.94 76.75 90.58
0.6 70.75 85.59 73.25 86.09 74.25 86.50 75.25 88.13 76.75 89.76
0.7 70.75 84.24 70.75 84.24 73.25 85.68 75.25 87.31 76.25 88.94
0.8 68.75 84.24 70.75 84.24 73.25 84.86 74.25 86.50 76.25 88.13
0.9 68.75 81.08 70.75 81.60 70.75 84.05 73.25 85.68 75.25 87.31
1.0 67.75 80.34 68.75 81.08 70.75 83.23 73.25 84.86 74.25 86.50
1.1 66.75 79.15 68.75 79.97 70.75 81.60 70.75 84.05 72.99 85.68
1.2 66.75 78.34 67.75 79.15 68.75 80.78 70.75 83.23 72.99 84.86
1.4 62.46 76.70 62.46 77.52 62.46 79.15 62.46 80.78 62.46 83.23
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -31.20 -1.52 175# -4.08 0.00 205# -6.10 0.00
155# -31.20 0.00 185# -1.50 0.00 215# -6.10 0.00
165# -11.70 0.00 195# -1.52 0.00 225# -6.10 0.00
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 194.30 lb carcass, 0.72 inch back-fat,
6.96 square inch loin/2.32 inch loin depth, FFLI: 51.80%
Price Range $75.25 - $87.31
--------------------------------------------------------------------------------
SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 150,307
Base Price Range $70.29 - $84.84, Weighted Average $79.37
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 9,293
Compared to Prior Day's closing weighted average (LM_HG200), 1.48 higher
Price Range $50.93 - $65.00, Weighted Average $63.57
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Alabama 156 Canada 5,185
Colorado 1,640 Delaware 121
Georgia 180 Iowa 93,379
Illinois 18,915 Indiana 19,940
Kansas 3,350 Kentucky 1,606
Michigan 4,978 Minnesota 39,252
Missouri 6,415 Mississippi 1,409
Montana 609 North Carolina 17,199
North Dakota 415 Nebraska 57,739
New York 179 Ohio 10,008
Oklahoma 3,229 Pennsylvania 4,509
South Carolina 340 South Dakota 5,803
Tennessee 684 Texas 3,814
Utah 2,834 Virginia 192
Wisconsin 1,244
--------------------------------------------------------------------------------
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
0800C
.
|
|