USDA IA/MN Daily Direct Hogs (AM) |
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9/03 10:58 AM
USDA IA/MN Daily Direct Hogs (AM) 09/03 10:58
LM_HG205
Des Moines, Iowa Fri, Sep 03, 2010 USDA Market News
IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, September 3, 2010 (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 6,040 1,551 1,064 4,062
Other Market Formula 7,020 860 350 4,300
Swine or Pork Market Formula 73,595 24,534 23,820 30,825
Other Purchase Arrangement 60,206 11,161 10,440 540
Packer Sold (all purchase types) 16,700 3,634 2,647 3,315
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 423
Compared to Prior Day's closing weighted average (LM_HG204), 0.44 lower
Base Price Range $70.00 - $77.70, Weighted Average $76.77
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 80.20 73.50 81.25 74.50 81.25 76.00 82.75 76.00 82.75
0.5 70.00 81.70 72.50 81.70 74.50 80.20 75.50 81.25 76.00 81.25
0.6 70.00 83.43 72.50 83.43 73.50 83.43 74.50 83.43 76.00 83.43
0.7 70.00 83.43 70.00 83.43 72.50 83.43 74.50 83.43 75.50 83.43
0.8 68.00 83.43 70.00 83.43 72.50 83.43 73.50 83.43 75.50 83.43
0.9 68.00 79.57 70.00 79.57 70.00 79.57 72.50 79.57 74.50 80.45
1.0 67.00 79.57 68.00 79.57 70.00 79.57 72.50 79.57 73.50 79.57
1.1 66.00 74.93 68.00 75.20 70.00 75.20 70.00 77.70 73.50 77.70
1.2 66.00 74.93 67.00 74.93 68.00 74.93 70.00 75.20 72.50 75.50
1.4 61.50 65.50 61.50 69.00 61.50 70.00 61.50 71.00 63.50 73.00
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CARCASS WEIGHT DIFFERENTIALS
145# -30.90 -9.52 175# -3.00 0.00 205# 0.00 0.00
155# -30.90 -6.76 185# 0.00 0.00 215# -0.67 0.00
165# -11.59 -1.35 195# 0.00 0.00 225# -1.50 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 201.03 lb carcass, 0.72 inch back-fat,
7.08 square inch loin/2.36 inch loin depth, FFLI: 51.85%
Price Range $74.50 - $83.43
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 25,896
Base Price Range $74.85 - $85.31, Weighted Average $76.85
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 2,185
Compared to Prior Day's closing weighted average (LM_HG204), 1.41 higher
Price Range $58.80 - $66.00, Weighted Average $64.98
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 23,356 Minnesota 17,874
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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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