US Tire & Wheel 

Home

USDA Wire
Weather
Commodity Quotes
Commodity Quotes
Test Plot Analysis
Breeders Directory
Classified Advertising
Calendar of Events
Farm and Ranch Publications
Recipe Box
Contact Us
Contact Us
Thursday, August 07, 2008


 

LM_HG205 Des Moines, Iowa Thu, Aug 07, 2008 USDA Market News IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, August 7, 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 12,776 6,624 1,440 3,915 Other Market Formula 29,282 6,912 654 2,433 Swine or Pork Market Formula 38,693 19,793 19,107 25,257 Other Purchase Arrangement 14,072 4,540 6,210 7,280 Packer Sold (all purchase types) 4,786 2,126 2,380 1,690 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,448 Compared to Prior Day's closing weighted average (LM_HG204), 1.76 higher Base Price Range $78.25 - $88.90, Weighted Average $86.25 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- IOWA/MINNESOTA 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 80.75 91.90 81.75 92.75 81.89 92.75 81.89 94.26 81.89 94.26 0.5 78.25 92.90 80.75 92.90 81.89 91.90 81.89 93.40 81.89 95.12 0.6 78.25 91.65 80.75 92.90 81.75 92.90 82.75 92.55 84.25 94.26 0.7 78.25 90.40 78.25 91.65 80.75 91.65 82.75 92.90 83.75 93.40 0.8 76.25 90.40 78.25 90.40 80.75 91.65 81.75 91.65 83.75 92.90 0.9 76.25 88.90 78.25 88.90 78.25 90.40 80.75 90.40 81.89 91.69 1.0 75.25 86.40 76.25 88.90 78.25 88.90 80.75 89.12 81.75 90.83 1.1 74.25 83.90 76.25 86.40 77.12 86.40 77.12 88.90 77.12 89.97 1.2 74.25 83.90 75.25 83.90 76.25 84.83 77.12 87.40 77.12 89.12 1.4 65.99 80.55 65.99 81.41 65.99 83.12 65.99 84.83 65.99 87.40 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.10 -9.52 175# -4.28 0.00 205# 0.00 0.00 155# -32.10 -6.76 185# -0.86 0.00 215# -0.86 0.00 165# -12.04 -1.35 195# 0.00 0.00 225# -3.00 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 195.14 lb carcass, 0.72 inch back-fat, 6.99 square inch loin/2.33 inch loin depth, FFLI: 51.82% Price Range $82.75 - $92.90 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 20,443 Base Price Range $78.85 - $86.46, Weighted Average $79.90 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 505 Compared to Prior Day's closing weighted average (LM_HG204), 1.53 higher Price Range $59.37 - $68.83, Weighted Average $67.59 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 29,868 Minnesota 11,321 -------------------------------------------------------------------------------- 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 1100C .