USDA WCB Daily Direct Hogs (AM) 07/29 10:55
LM_HG211
Des Moines, Iowa Thu, Jul 29, 2010 USDA Market News
WESTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
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 8,197 1,141 6,326 1,271
Other Market Formula 15,983 3,770 1,210 360
Swine or Pork Market Formula 88,695 25,216 23,173 33,382
Other Purchase Arrangement 18,395 3,516 3,152 540
Packer Sold (all purchase types) 11,640 4,477 4,940 1,557
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 789
Compared to Prior Day's closing weighted average (LM_HG208), 2.32 lower
Base Price Range $73.00 - $83.00, Weighted Average $81.17
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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WESTERN CORNBELT 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 86.00 76.50 87.50 77.50 88.28 79.00 89.91 79.00 89.91
0.5 73.00 85.01 75.50 86.00 77.50 87.46 78.50 89.10 79.00 90.73
0.6 73.00 88.56 75.50 88.56 76.50 88.56 77.50 88.56 79.00 89.91
0.7 73.00 88.56 73.00 88.56 75.50 88.56 77.50 88.56 78.50 89.10
0.8 71.00 88.56 73.00 88.56 75.50 88.56 76.50 88.56 78.50 88.56
0.9 71.00 84.46 73.00 84.46 73.00 84.46 75.50 85.83 77.50 87.46
1.0 70.00 84.46 71.00 84.46 73.00 84.46 75.50 85.01 76.50 86.64
1.1 69.00 79.54 71.00 80.11 73.00 81.74 73.00 84.19 76.50 85.83
1.2 69.00 79.54 70.00 79.54 71.00 80.92 73.00 83.37 75.50 85.01
1.4 65.50 76.84 66.82 77.65 66.82 79.29 66.82 80.92 66.82 83.37
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CARCASS WEIGHT DIFFERENTIALS
145# -32.80 -9.52 175# -4.09 0.00 205# 0.00 0.00
155# -32.80 -6.54 185# -0.82 0.00 215# -0.82 0.00
165# -12.30 -1.35 195# 0.00 0.00 225# -1.63 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 203.02 lb carcass, 0.73 inch back-fat,
7.24 square inch loin/2.41 inch loin depth, FFLI: 51.78%
Price Range $77.50 - $88.56
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 28,444
Base Price Range $77.69 - $87.09, Weighted Average $81.59
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 251
Compared to Prior Day's closing weighted average (LM_HG208), 0.78 lower
Price Range $62.50 - $64.29, Weighted Average $63.01
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 16,217 Kansas 175
Minnesota 16,895 Missouri 1,458
Nebraska 1,838 South Dakota 915
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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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