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Slaughter Date: Thursday, July 3rd, 2008.
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Iowa/Minnesota Daily Direct hog prices
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Weighted ave. base price (49-50% lean, live equiv)
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- US$52.25/cwt
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Packer premium for 51-52% lean hog
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- US$1.75/cwt
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Value of a 250 lb hog (2.5xUS$54.00)
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- US$134.99/hog
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Manitoba Equivalent Hog Price Calculation:
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U.S. dollar
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- $1.0206
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Value of a 250 lb hog in Canadian dollars
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- C$137.77/hog
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Manitoba Index of a 51-52% lean hog (est.)
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- 110
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Average carcass weight of 250 lb hog (est.)
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- 200 lb
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Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
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Index 100 (dressed, excl. freight/fees*/shrink)
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- C$62.62/cwt OR
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- C$138.06/100Kg
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* Est. freight/fees Wpg. to Sioux Falls, S.D.
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- C$9.50/100kg
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Equivalent price last week, June 26th
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- C$143.20/100kg
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Average price: week of June 23rd – 27th
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- C$144.21/100kg
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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
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