|
Wednesday, January 07, 2009
|
<![CDATA[LM_HG206
Des Moines, Iowa Tue, Jan 06, 2009 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, January 6, 2009 (As of 1:30 PM)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 11,516 10,830 6,120 13,389
Other Market Formula 11,040 10,324 8,520 18,311
Swine or Pork Market Formula 62,952 49,633 34,163 40,048
Other Purchase Arrangement 17,896 10,030 17,593 12,380
Packer Sold (all purchase types) 9,010 4,475 3,858 5,774
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 13,748
Compared to Prior Day's closing weighted average (LM_HG204), 1.74 higher
Base Price Range $40.50 - $56.50, Weighted Average $53.37
Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
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 59.50 45.00 59.50 46.50 59.50 46.50 59.50
0.5 40.50 60.50 43.00 60.50 45.00 59.74 46.00 59.50 46.50 59.94
0.6 40.50 59.25 43.00 60.50 44.00 60.50 45.00 59.74 46.50 59.50
0.7 40.50 58.00 40.50 59.25 43.00 59.25 45.00 60.50 46.00 60.50
0.8 38.50 58.00 40.50 58.00 43.00 59.25 44.00 59.25 46.00 60.50
0.9 38.50 56.50 40.50 56.50 40.50 58.00 43.00 58.00 45.00 59.25
1.0 37.50 54.00 38.50 56.50 40.50 56.50 43.00 56.50 44.00 58.00
1.1 36.50 52.38 38.50 54.00 40.50 54.00 40.50 56.50 44.00 56.70
1.2 36.50 51.84 37.50 52.38 38.50 53.46 40.50 55.08 43.00 56.16
1.4 33.00 50.76 36.50 51.30 37.50 52.38 38.50 53.46 40.05 55.08
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -20.40 -9.52 175# -3.00 0.00 205# 0.00 0.00
155# -20.40 -3.94 185# -0.54 0.00 215# -0.67 0.00
165# -7.65 -1.35 195# 0.00 0.00 225# -5.25 0.00
--------------------------------------------------------------------------------
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 - $59.25
--------------------------------------------------------------------------------
SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 45,933
Base Price Range $46.22 - $56.15, Weighted Average $48.65
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 3,473
Compared to Prior Day's closing weighted average (LM_HG204), 1.69 higher
Price Range $31.25 - $43.00, Weighted Average $41.08
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 65,162 Minnesota 21,640
--------------------------------------------------------------------------------
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
1500C
.
]]> |
|
