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Tuesday, January 06, 2009
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<![CDATA[LM_HG205
Des Moines, Iowa Tue, Jan 06, 2009 USDA Market News
IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, January 6, 2009 (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 9,993 6,056 1,698 6,847
Other Market Formula 3,748 6,154 130 180
Swine or Pork Market Formula 59,992 29,630 16,973 31,069
Other Purchase Arrangement 17,781 1,265 13,403 5,915
Packer Sold (all purchase types) 6,735 2,934 2,265 3,050
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,532
Compared to Prior Day's closing weighted average (LM_HG204), 1.84 higher
Base Price Range $40.50 - $55.74, Weighted Average $53.47
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 43.00 59.74 44.00 58.74 45.00 58.24 46.50 58.24 46.50 58.24
0.5 40.50 59.74 43.00 59.74 45.00 59.74 46.00 58.74 46.50 58.24
0.6 40.50 59.24 43.00 59.74 44.00 59.74 45.00 59.74 46.50 58.74
0.7 40.50 56.74 40.50 57.74 43.00 59.24 45.00 59.74 46.00 59.74
0.8 38.50 55.74 40.50 56.74 43.00 57.74 44.00 57.74 46.00 59.74
0.9 38.50 53.74 40.50 54.74 40.50 55.74 43.00 56.74 45.00 57.74
1.0 37.50 52.74 38.50 53.74 40.50 53.74 43.00 54.74 44.00 56.74
1.1 36.50 49.74 38.50 51.24 40.50 52.74 40.50 53.74 44.00 54.74
1.2 36.50 49.47 37.50 49.47 38.50 49.74 40.50 51.24 43.00 52.74
1.4 33.00 45.74 36.50 45.74 37.50 45.74 38.50 47.74 40.05 48.74
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CARCASS WEIGHT DIFFERENTIALS
145# -20.40 -9.52 175# -3.00 0.00 205# 0.00 0.00
155# -20.40 -6.76 185# 0.00 0.00 215# -0.67 0.00
165# -7.65 -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: 207.49 lb carcass, 0.75 inch back-fat,
6.78 square inch loin/2.26 inch loin depth, FFLI: 51.19%
Price Range $44.00 - $57.74
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 28,196
Base Price Range $46.22 - $56.15, Weighted Average $48.98
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 1,817
Compared to Prior Day's closing weighted average (LM_HG204), 2.47 higher
Price Range $36.93 - $43.00, Weighted Average $41.86
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 31,366 Minnesota 13,307
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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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