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[QT] Eastern Cornbelt Daily Direct Hogs - Morning
Date: 2008-09-17 10:55:28
Categories: MEAT
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
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 9,779 5,872 8,241 6,989
Other Market Formula 7,308 5,189 3,080 1,181
Swine or Pork Market Formula 44,052 13,985 21,859 13,223
Other Purchase Arrangement 15,150 3,929 13,535 3,427
Packer Sold (all purchase types) 2,758 1,080 1,150 2,130
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,920
Compared to Prior Day's closing weighted average (LM_HG207), 1.38 lower
Base Price Range $60.50 - $64.00, Weighted Average $62.58
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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EASTERN CORNBELT 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 63.00 70.00 64.00 70.82 65.00 72.53 66.50 73.80 66.50 75.06
0.5 60.50 68.86 63.00 69.68 65.00 71.39 66.00 72.66 66.50 73.92
0.6 60.50 67.72 63.00 68.54 64.00 70.25 65.00 71.52 66.50 72.78
0.7 60.50 66.58 60.50 67.40 63.00 69.11 65.00 70.38 66.00 71.64
0.8 58.50 65.44 60.50 66.26 63.00 67.97 64.00 69.24 65.50 70.51
0.9 58.50 64.30 60.50 65.13 60.50 66.83 63.00 68.10 64.00 69.37
1.0 57.50 63.16 58.50 63.99 60.50 65.70 63.00 66.96 64.00 68.23
1.1 56.50 62.02 58.50 62.85 60.50 64.56 60.50 65.82 63.00 67.09
1.2 56.50 60.13 57.00 60.95 58.50 62.66 59.00 63.92 61.00 65.19
1.4 51.00 58.75 54.00 59.38 54.00 60.63 57.00 61.88 57.00 63.75
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CARCASS WEIGHT DIFFERENTIALS
145# -21.88 -1.25 175# -3.13 0.00 205# -5.06 0.00
155# -9.00 0.00 185# -0.63 0.00 215# -5.06 0.00
165# -5.00 0.00 195# -1.27 0.00 225# -5.06 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 191.36 lb carcass, 0.71 inch back-fat,
6.81 square inch loin/2.27 inch loin depth, FFLI: 51.88%
Price Range $65.00 - $70.38
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 15,724
Base Price Range $64.66 - $69.88, Weighted Average $66.18
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 419
Compared to Prior Day's closing weighted average (LM_HG207), 0.30 higher
Price Range $47.25 - $52.41, Weighted Average $50.26
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Alabama 1,994 Georgia 224
Illinois 1,971 Indiana 5,693
Kentucky 1,266 Michigan 1,106
Mississippi 1,257 North Carolina 860
New York 360 Ohio 9,100
Pennsylvania 3,524 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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