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Sunday, July 06, 2008


 

LM_HG207 Des Moines, Iowa Thu, Jul 03, 2008 USDA Market News This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON PLANT LOCATION PLANT DELIVERED PURCHASE DATA FOR Wednesday, July 2, 2008 CURRENT VOLUME BY PURCHASE TYPE LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 12,725 16,137 18,530 Other Market Formula 7,153 19,041 4,400 Swine or Pork Market Formula 43,409 46,440 42,543 Other Purchase Arrangement 13,591 14,189 23,063 Packer Sold (all purchase types) 3,447 3,716 2,011 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 5,758 7,072 41,077 13,591 67,498 Base Price 68.77 71.38 72.50 72.56 72.08 Packer Sold Head Count 1,742 Base Price 70.95 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,758 Compared to Prior Day's closing weighted average (LM_HG207), 1.61 lower. Base Price Range $66.00 - $70.61, Weighted Average $68.77 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- EASTERN CORNBELT DAILY DIRECT NEGOTIATED HOG PURCHASES 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 68.50 75.93 69.22 76.82 69.22 78.67 69.22 80.05 69.22 81.42 0.5 66.00 74.69 68.50 75.58 69.22 77.44 69.22 78.81 69.22 80.18 0.6 66.00 73.46 68.50 74.35 69.50 76.20 69.22 77.57 69.22 78.95 0.7 66.00 72.22 66.00 73.11 68.50 74.97 70.00 76.34 70.22 77.71 0.8 64.00 71.50 66.00 72.02 68.50 73.73 68.50 75.10 70.00 76.48 0.9 64.00 70.00 66.00 70.64 66.00 72.73 67.72 74.14 68.50 75.55 1.0 63.00 69.20 64.00 70.00 65.50 72.02 66.22 73.43 67.72 74.85 1.1 61.22 68.49 63.50 69.20 63.72 70.61 65.50 72.73 66.22 74.14 1.2 61.22 67.79 61.22 68.49 61.22 69.90 63.50 72.02 63.72 73.43 1.4 55.50 66.37 56.22 67.08 57.22 68.49 57.22 69.90 61.22 72.02 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -24.71 -1.37 175# -3.53 0.00 205# -5.49 0.00 155# -13.50 0.00 185# -0.71 0.00 215# -5.49 0.00 165# -6.00 0.00 195# -1.37 0.00 225# -5.49 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5 Day Rolling Average Market Hog: 189.90 lb carcass, 0.70 inch back-fat, 6.90 square inch loin/2.30 inch loin depth, FFLI: 52.11% Price Range $70.00 - $76.34 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 42,154 Base Price Range $68.91 - $76.06, Weighted Average $72.48 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,853 Compared to Prior Day's closing weighted average (LM_HG207), .24 higher. Price Range $45.69 - $60.30, Weighted Average $55.40 -------------------------------------------------------------------------------- SOWS NEGOTIATED PURCHASE (Including Packer Sold) Sows Purchased (live and carcass basis): 4,757 Weight Range Head Count Avg Wgt Price Range Wtd Avg (Live Basis) 300-449 1,196 402 19.43-30.05 24.78 450-499 652 469 21.89-30.05 26.00 500/up 1,016 551 23.08-31.43 26.93 -------------------------------------------------------------------------------- Source: USDA Market News, Des Moines, IA 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 http://www.ams.usda.gov/LSMarketNews 0800C .


Karam Mfg.