LM_HG206
Des Moines, Iowa Tue, Jul 13, 2010 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, July 13, 2010 (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 6,958 4,055 1,206 4,702
Other Market Formula 14,515 9,894 16,480 5,330
Swine or Pork Market Formula 58,006 40,974 45,448 50,447
Other Purchase Arrangement 19,147 14,159 39,928 25,828
Packer Sold (all purchase types) 12,212 3,050 2,494 3,168
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,930
Compared to Prior Day's closing weighted average (LM_HG204), 0.40 lower
Base Price Range $70.00 - $75.75, Weighted Average $74.68
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 72.50 78.33 73.50 79.50 74.50 80.57 75.82 82.06 75.82 82.06
0.5 70.00 79.68 72.50 79.68 74.50 79.82 75.50 81.31 75.82 82.81
0.6 70.00 81.81 72.50 81.81 73.50 81.81 74.50 81.81 76.00 82.06
0.7 70.00 81.81 70.00 81.81 72.50 81.81 74.50 81.81 75.50 81.81
0.8 68.00 81.81 70.00 81.81 72.50 81.81 73.50 81.81 75.50 81.81
0.9 68.00 78.02 70.00 78.02 70.00 78.02 72.50 78.33 74.50 79.82
1.0 67.00 78.02 68.00 78.02 70.00 78.02 72.50 78.02 73.50 79.08
1.1 66.00 73.48 68.00 73.48 70.00 74.60 70.00 76.84 72.75 78.33
1.2 66.00 73.48 66.82 73.48 66.82 73.85 69.50 76.09 71.50 77.58
1.4 58.32 70.12 58.32 70.87 58.32 72.36 58.32 73.85 62.25 76.09
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CARCASS WEIGHT DIFFERENTIALS
145# -30.30 -9.52 175# -3.73 0.00 205# 0.00 0.00
155# -30.30 -5.84 185# -0.75 0.00 215# -0.75 0.00
165# -11.36 -1.35 195# 0.00 0.00 225# -1.50 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 203.79 lb carcass, 0.75 inch back-fat,
6.99 square inch loin/2.33 inch loin depth, FFLI: 51.32%
Price Range $73.50 - $81.81
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 40,224
Base Price Range $72.85 - $79.25, Weighted Average $74.93
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 2,778
Compared to Prior Day's closing weighted average (LM_HG204), 0.37 lower
Price Range $51.10 - $59.31, Weighted Average $58.32
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 48,255 Minnesota 25,473
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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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