USDA IA/MN Daily Purchased Swine |
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9/07 7:58 AM
USDA IA/MN Daily Purchased Swine 09/07 07:58
LM_HG204
Des Moines, Iowa Tue, Sep 07, 2010 USDA Market News
IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, September 3, 2010
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 10,665 5,431 11,350
Other Market Formula 23,207 13,818 13,390
Swine or Pork Market Formula 104,649 78,330 138,835
Other Purchase Arrangement 67,710 55,174 61,568
Packer Sold (all purchase types) 15,291 12,085 14,030
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NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 5,316 23,207 101,648 67,710 197,881
Base Price 78.53 73.19 78.19 78.58 77.75
Packer Sold
Head Count 14,175
Base Price 80.28
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,316
Compared to Prior Day's closing weighted average (LM_HG204), 1.32 higher
Base Price Range $70.00 - $80.00, Weighted Average $78.53
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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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 72.50 84.00 73.50 84.80 74.50 86.40 76.00 88.00 76.00 88.00
0.5 70.00 83.20 72.50 84.00 74.50 85.60 75.50 87.20 76.00 88.80
0.6 70.00 84.24 72.50 84.24 73.50 84.80 74.50 86.40 76.00 88.00
0.7 70.00 84.24 70.00 84.24 72.50 84.24 74.50 85.60 75.50 87.20
0.8 68.00 84.24 70.00 84.24 72.50 84.24 73.50 84.80 75.50 86.40
0.9 68.00 80.34 70.00 80.34 70.00 82.40 72.50 84.00 74.50 85.60
1.0 67.00 80.34 68.00 80.34 70.00 81.60 72.50 83.20 73.50 84.80
1.1 66.00 77.60 68.00 78.40 70.00 80.00 70.00 82.40 73.50 84.00
1.2 66.00 76.80 67.00 77.60 68.00 79.20 70.00 81.60 72.50 83.20
1.4 60.82 75.20 60.82 76.00 60.82 77.60 60.82 79.20 63.50 81.60
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CARCASS WEIGHT DIFFERENTIALS
145# -31.20 -9.52 175# -4.00 0.00 205# 0.00 0.00
155# -31.20 -6.40 185# -0.80 0.00 215# -0.80 0.00
165# -11.70 -1.35 195# 0.00 0.00 225# -1.60 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 202.40 lb carcass, 0.72 inch back-fat,
7.02 square inch loin/2.34 inch loin depth, FFLI: 51.81%
Price Range $74.50 - $85.60
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 115,643
Base Price Range $74.48 - $85.31, Weighted Average $78.45
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 5,236
Compared to Prior Day's closing weighted average (LM_HG204), 0.64 higher
Price Range $56.07 - $66.00, Weighted Average $64.21
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 165,025 Minnesota 56,497
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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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