IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, February 10, 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 7,845 5,977 5,249 14,306
Other Market Formula 11,961 9,567 8,792 1,903
Swine or Pork Market Formula 72,568 46,482 50,301 57,817
Other Purchase Arrangement 23,901 20,604 5,350 7,258
Packer Sold (all purchase types) 8,509 3,237 3,237 2,977
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,277
Compared to Prior Day's closing weighted average (LM_HG204), 1.22 lower
Base Price Range $59.00 - $66.22, Weighted Average $64.89
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 61.50 68.78 62.50 70.00 63.50 70.74 65.00 72.05 65.00 72.05
0.5 59.00 70.22 61.50 70.22 63.50 70.09 64.50 71.40 65.00 72.71
0.6 59.00 70.20 61.50 70.22 62.50 70.22 63.50 70.74 65.00 72.05
0.7 59.00 70.20 59.00 70.20 61.50 70.20 63.50 70.22 64.50 71.40
0.8 57.00 70.20 59.00 70.20 61.50 70.20 62.50 70.20 64.50 70.74
0.9 57.00 66.95 59.00 66.95 59.00 67.72 61.50 68.78 63.50 70.09
1.0 56.00 66.95 57.00 66.95 59.00 66.95 61.50 68.12 62.50 69.43
1.1 55.00 63.54 57.00 64.19 59.00 65.50 59.00 67.47 62.32 68.78
1.2 55.00 63.05 56.00 63.54 57.00 64.85 59.00 66.81 61.50 68.12
1.4 48.86 61.57 48.86 62.23 48.86 63.54 48.86 64.85 53.33 66.81
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CARCASS WEIGHT DIFFERENTIALS
145# -26.00 -9.52 175# -3.28 0.00 205# 0.00 0.00
155# -26.00 -5.16 185# -0.66 0.00 215# -0.67 0.00
165# -9.75 -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: 202.66 lb carcass, 0.71 inch back-fat,
6.90 square inch loin/2.30 inch loin depth, FFLI: 51.88%
Price Range $63.50 - $70.22
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 42,005
Base Price Range $58.97 - $69.67, Weighted Average $63.93
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 3,915
Compared to Prior Day's closing weighted average (LM_HG204), 0.60 higher
Price Range $49.45 - $55.00, Weighted Average $53.65
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 67,415 Minnesota 18,426
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