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Tuesday, January 06, 2009
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<![CDATA[LM_HG204
Des Moines, Iowa Tue, Jan 06, 2009 USDA Market News
IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, January 5, 2009
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 16,562 16,511 27,224
Other Market Formula 24,312 23,265 15,699
Swine or Pork Market Formula 104,523 81,711 72,131
Other Purchase Arrangement 62,188 44,494 29,095
Packer Sold (all purchase types) 8,368 10,926 8,695
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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 12,426 24,312 103,131 62,188 202,057
Base Price 51.63 70.65 50.46 60.71 56.12
Packer Sold
Head Count 8,368
Base Price 49.19
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 12,426
Compared to Prior Day's closing weighted average (LM_HG204), 0.16 higher
Base Price Range $40.00 - $55.55, Weighted Average $51.63
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 42.50 59.55 43.50 58.55 44.50 58.05 46.00 58.05 46.00 58.05
0.5 40.00 59.55 42.50 59.55 44.50 59.55 45.50 58.55 46.00 58.05
0.6 40.00 59.05 42.50 59.55 43.50 59.55 44.50 59.55 46.00 58.55
0.7 40.00 56.55 40.00 57.55 42.50 59.05 44.50 59.55 45.50 59.55
0.8 38.00 55.55 40.00 56.55 42.50 57.55 43.50 57.55 45.50 59.55
0.9 38.00 53.55 40.00 54.55 40.00 55.55 42.50 56.55 44.50 57.55
1.0 37.00 52.55 38.00 53.55 40.00 53.55 42.50 54.55 43.50 56.55
1.1 36.00 49.55 38.00 51.05 40.00 52.55 40.00 53.55 43.50 54.55
1.2 36.00 48.74 37.00 48.74 38.00 49.55 40.00 51.05 42.50 52.55
1.4 32.50 46.18 36.00 46.67 37.00 47.66 38.00 48.64 39.22 50.11
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CARCASS WEIGHT DIFFERENTIALS
145# -20.10 -9.52 175# -3.00 0.00 205# 0.00 0.00
155# -20.10 -3.80 185# -0.49 0.00 215# -0.67 0.00
165# -7.54 -1.35 195# 0.00 0.00 225# -5.25 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 207.40 lb carcass, 0.75 inch back-fat,
6.81 square inch loin/2.27 inch loin depth, FFLI: 51.20%
Price Range $43.50 - $57.55
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 111,329
Base Price Range $45.45 - $56.00, Weighted Average $50.36
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 3,897
Compared to Prior Day's closing weighted average (LM_HG204), 0.49 lower
Price Range $35.93 - $40.50, Weighted Average $39.39
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 146,254 Minnesota 69,699
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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
0800C
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