IOWA/MINNESOTA DAILY DIRECT MORNING
HOG REPORT BASED ON STATE OF ORIGINPLANT DELIVERED PURCHASE DATA
FOR Monday, February 1, 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 6,473 2,441 876 2,487
Other Market Formula 9,600 2,680 2,715 0
Swine or Pork Market Formula 77,683 36,759 31,847 30,636
Other Purchase Arrangement 57,546 47,111 34,089 23,853
Packer Sold (all purchase types) 11,245 2,425 2,631 2,815
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,747
Compared to Prior Day's closing weighted average (LM_HG204), 0.20
lower
Base Price Range $56.50 - $63.00, Weighted Average $62.55
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 59.00 65.50 60.00 66.50 61.00 66.50 62.19 68.00 62.19 68.00
0.5 56.50 67.00 59.00 67.00 61.00 65.50 62.00 66.50 62.19 66.50
0.6 56.50 67.77 59.00 67.77 60.00 67.77 61.00 67.77 62.50 67.77
0.7 56.50 67.77 56.50 67.77 59.00 67.77 61.00 67.77 62.00 67.77
0.8 54.50 67.77 56.50 67.77 59.00 67.77 60.00 67.77 62.00 67.77
0.9 54.50 64.63 56.50 64.63 56.50 64.63 59.00 64.63 61.00 65.75
1.0 53.50 64.63 54.50 64.63 56.50 64.63 59.00 64.63 60.00 64.63
1.1 52.50 60.87 54.50 60.87 56.50 60.87 56.50 63.00 60.00 63.00
1.2 52.50 60.87 53.19 60.87 53.19 60.87 56.50 60.87 58.19 60.87
1.4 44.69 52.08 44.69 53.00 44.69 54.00 44.69 55.00 52.08 57.00
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CARCASS WEIGHT DIFFERENTIALS
145# -25.10 -9.52 175# -3.00 0.00 205# 0.00 0.00
155# -25.10 -6.76 185# 0.00 0.00 215# -0.67 0.00
165# -9.41 -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: 204.04 lb carcass, 0.70 inch
back-fat,
7.02 square inch loin/2.34 inch loin depth, FFLI: 52.11%
Price Range $61.00 - $67.77
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 36,528
Base Price Range $59.63 - $66.81, Weighted Average $63.71
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 0
Compared to Prior Day's closing weighted average (LM_HG204), no
prices to
report.
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 55,604 Minnesota 33,040
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