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[QT] National Daily Direct Hogs - Morning
Date: 2008-09-17 10:55:22
Categories: MEAT
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, September 17, 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 30,443 9,405 10,236 16,365
Other Market Formula 15,408 5,401 3,105 1,347
Swine or Pork Market Formula 125,433 39,065 53,397 43,023
Other Purchase Arrangement 29,526 11,484 26,615 9,767
Packer Sold (all purchase types) 26,253 2,971 9,694 4,523
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,949
Compared to Prior Day's closing weighted average (LM_HG200), 1.96 lower
Base Price Range $59.00 - $72.00, Weighted Average $63.65
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 61.50 75.00 62.50 75.00 63.50 75.00 64.89 75.00 64.89 75.06
0.5 59.00 76.00 61.50 76.00 63.50 75.00 64.50 75.00 64.89 75.00
0.6 59.00 74.75 61.50 76.00 62.50 76.00 63.50 75.00 65.00 75.00
0.7 59.00 73.50 59.00 74.75 61.50 74.75 63.50 76.00 64.50 76.00
0.8 57.00 73.50 59.00 73.50 61.50 74.75 62.50 74.75 64.50 76.00
0.9 57.00 72.00 59.00 72.00 59.00 73.50 61.50 73.50 63.50 74.75
1.0 56.00 69.50 57.00 72.00 59.00 72.00 61.50 72.00 62.50 73.50
1.1 55.00 67.00 57.00 69.50 59.00 69.50 59.00 72.00 61.11 72.00
1.2 55.00 67.00 56.00 67.00 57.00 67.00 59.00 69.50 61.00 69.50
1.4 51.00 62.00 52.29 62.00 52.29 63.05 52.29 64.35 52.29 67.00
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CARCASS WEIGHT DIFFERENTIALS
145# -26.00 -1.25 175# -3.25 0.00 205# -5.06 0.00
155# -26.00 0.00 185# -0.65 0.00 215# -5.06 0.00
165# -9.75 0.00 195# -1.27 0.00 225# -5.25 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 194.27 lb carcass, 0.71 inch back-fat,
6.84 square inch loin/2.28 inch loin depth, FFLI: 51.89%
Price Range $63.50 - $76.00
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 40,920
Base Price Range $64.63 - $72.77, Weighted Average $65.79
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 2,480
Compared to Prior Day's closing weighted average (LM_HG200), 0.33 lower
Price Range $43.43 - $52.41, Weighted Average $51.55
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Alabama 1,994 Canada 600
Georgia 224 Iowa 22,361
Illinois 1,971 Indiana 5,693
Kansas 681 Kentucky 1,266
Michigan 1,106 Minnesota 13,707
Missouri 214 Mississippi 1,257
North Carolina 860 Nebraska 2,568
New York 360 Ohio 9,100
Pennsylvania 3,524 South Dakota 458
Tennessee 2,238 Wisconsin 462
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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
1100C
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QT Headline News Service Copyright 2008 [QT]. All rights reserved.
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