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 Friday, July 25, 2008
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LM_HG202
Des Moines, Iowa Fri, Jul 25, 2008 USDA Market News
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, July 25, 2008 (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 27,261 10,084 10,467 9,603
Other Market Formula 12,260 512 5,600 26,265
Swine or Pork Market Formula 118,030 38,490 43,757 43,291
Other Purchase Arrangement 41,185 11,317 9,330 6,284
Packer Sold (all purchase types) 16,775 3,890 4,789 7,963
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,700
Compared to Prior Day's closing weighted average (LM_HG200), 2.09 lower
Base Price Range $74.41 - $81.64, Weighted Average $77.60
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 76.91 85.72 77.91 86.54 78.91 88.17 79.31 89.80 79.31 91.20
0.5 74.41 85.08 76.91 85.72 78.91 87.35 79.31 88.99 79.31 90.62
0.6 74.41 84.58 76.91 85.08 77.91 86.54 78.91 88.17 80.41 89.80
0.7 74.41 83.27 74.41 84.09 76.91 85.72 78.91 87.35 79.91 88.99
0.8 72.41 83.16 74.41 83.27 76.91 84.91 77.50 86.54 79.00 88.17
0.9 72.41 80.82 74.41 81.64 74.41 84.09 76.91 85.72 77.50 87.35
1.0 71.41 80.01 72.41 80.82 74.41 83.27 76.50 84.91 77.50 86.54
1.1 70.41 79.19 72.41 80.01 74.41 81.64 74.41 84.09 74.69 85.72
1.2 70.41 78.37 70.50 79.19 72.41 80.82 72.50 83.27 74.50 84.91
1.4 63.91 76.74 63.91 77.56 63.91 79.19 63.91 80.82 63.91 83.27
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CARCASS WEIGHT DIFFERENTIALS
145# -30.80 -1.54 175# -4.08 0.00 205# -6.15 0.00
155# -30.80 0.00 185# -0.82 0.00 215# -6.15 0.00
165# -11.55 0.00 195# -1.54 0.00 225# -6.15 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 194.11 lb carcass, 0.72 inch back-fat,
6.96 square inch loin/2.32 inch loin depth, FFLI: 51.80%
Price Range $78.91 - $87.35
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 40,768
Base Price Range $76.07 - $81.64, Weighted Average $77.63
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 2,253
Compared to Prior Day's closing weighted average (LM_HG200), 1.54 lower
Price Range $54.00 - $65.00, Weighted Average $62.03
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 770 Colorado 340
Iowa 20,714 Illinois 2,170
Indiana 3,132 Kansas 995
Kentucky 953 Michigan 580
Minnesota 10,325 Missouri 444
Mississippi 1,270 North Carolina 478
Nebraska 8,951 New York 180
Ohio 6,471 Pennsylvania 4,435
South Carolina 175 South Dakota 886
Tennessee 520 Virginia 73
Wisconsin 37
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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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