USDA AM Daily Direct Hogs 07/29 10:55
LM_HG202
Des Moines, Iowa Thu, Jul 29, 2010 USDA Market News
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, July 29, 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 17,080 7,711 10,310 4,769
Other Market Formula 20,403 6,429 4,495 1,748
Swine or Pork Market Formula 128,098 31,258 30,908 43,861
Other Purchase Arrangement 33,526 6,747 6,738 5,250
Packer Sold (all purchase types) 20,476 5,596 5,660 2,518
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,744
Compared to Prior Day's closing weighted average (LM_HG200), 1.00 higher
Base Price Range $73.00 - $88.00, Weighted Average $83.40
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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NATIONAL 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 75.50 92.40 76.50 93.28 77.50 95.04 79.00 96.80 79.00 96.80
0.5 73.00 91.52 75.50 92.40 77.50 94.16 78.50 95.92 79.00 97.68
0.6 73.00 90.64 75.50 91.52 76.50 93.28 77.50 95.04 79.00 96.80
0.7 73.00 89.76 73.00 90.64 75.50 92.40 77.50 94.16 78.50 95.92
0.8 71.00 88.56 73.00 89.76 75.50 91.52 76.50 93.28 78.50 95.04
0.9 71.00 87.12 73.00 88.00 73.00 90.64 75.50 92.40 77.50 94.16
1.0 70.00 86.24 71.00 87.12 73.00 89.76 75.50 91.52 76.50 93.28
1.1 69.00 85.36 71.00 86.24 73.00 88.00 73.00 90.64 76.50 92.40
1.2 69.00 84.48 70.00 85.36 71.00 87.12 73.00 89.76 75.50 91.52
1.4 63.73 82.72 63.73 83.60 63.73 85.36 63.73 87.12 66.82 89.76
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CARCASS WEIGHT DIFFERENTIALS
145# -32.80 -1.60 175# -4.40 0.00 205# -6.40 0.00
155# -32.80 0.00 185# -0.88 0.00 215# -6.40 0.00
165# -12.30 0.00 195# -1.60 0.00 225# -6.40 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 198.09 lb carcass, 0.72 inch back-fat,
7.11 square inch loin/2.37 inch loin depth, FFLI: 51.88%
Price Range $77.50 - $94.16
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 34,250
Base Price Range $74.16 - $87.09, Weighted Average $81.38
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 927
Compared to Prior Day's closing weighted average (LM_HG200), 0.27 lower
Price Range $57.50 - $65.00, Weighted Average $63.42
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 200 Georgia 134
Iowa 16,217 Illinois 2,758
Indiana 2,706 Kansas 175
Kentucky 157 Michigan 3,805
Minnesota 16,895 Missouri 1,458
Mississippi 156 North Carolina 329
Nebraska 1,838 New York 180
Ohio 5,374 Pennsylvania 1,590
South Carolina 240 South Dakota 915
Tennessee 478 Wisconsin 192
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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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