|
Slaughter Date: Thursday, July 2nd, 2009.
|
|
|
|
Iowa/Minnesota Daily Direct hog prices
|
|
Weighted ave. base price (49-50% lean, live equiv)
|
|
- US$43.95/cwt
|
|
Packer premium for 51-52% lean hog
|
|
- US$1.75/cwt
|
|
Value of a 250 lb hog (2.5xUS$45.70)
|
|
- US$114.25/hog
|
|
|
|
Manitoba Equivalent Hog Price Calculation:
|
|
U.S. dollar
|
|
- 1.1604
|
|
Value of a 250 lb hog in Canadian dollars
|
|
- C$132.85/hog
|
|
|
|
|
|
Manitoba Index of a 51-52% lean hog (est.)
|
|
- 110
|
|
Average carcass weight of 250 lb hog (est.)
|
|
- 200 lb
|
|
|
|
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
|
|
Index 100 (dressed, excl. freight/fees*/shrink)
|
|
C$60.26/cwt OR
|
|
|
|
- C$132.85/100Kg
|
|
|
|
* Est. freight/fees Wpg. To Sioux Falls, S.D.
|
|
- C$9.50/100kg
|
|
Equivalent price last week, June 25th
|
|
- C$127.66/100kg
|
|
Average price: week of June 22nd – 26th
|
|
- C$128.82/100kg
|
|
For further information please contact:
Suki Abeysekera
Knowledge Management Knowledge Centre
Industry Intelligence Section
809-401 York Avenue
Winnipeg MB R3C 0P8
PH: (204) 945-7558
FAX: (204) 948-2498
|
