LM_HG200 Des Moines, Iowa Fri, Jul 03, 2009 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, July 2, 2009 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 25,886 18,757 Other Market Formula 9,727 53,693 Swine or Pork Market Formula 126,110 161,104 Other Purchase Arrangement 48,732 20,209 Packer Sold (all purchase types) 19,799 16,755 0 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 21,708 9,727 120,127 48,732 200,294 Base Price 57.23 58.97 56.55 70.92 60.24 Packer Sold Head Count 14,867 Base Price 55.08 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 22,388 Compared to Prior Day's closing weighted average (LM_HG200), 0.77 higher Base Price Range $46.50 - $60.58, Weighted Average $57.24 Compared to the prior day, base prices were 2.00 lower to 3.27 higher. Mostly steady to 1.25 higher with instances of 3.25 higher. Slow to moderate market activity with light to moderate demand. Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- NATIONAL 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 49.00 64.58 50.00 65.00 51.00 65.00 52.50 66.50 52.50 66.50 0.5 46.50 64.58 49.00 64.58 51.00 64.58 52.00 65.00 52.50 65.00 0.6 46.50 64.08 49.00 64.58 50.00 64.58 51.00 64.58 52.50 65.00 0.7 46.50 61.58 46.50 62.58 49.00 64.08 51.00 64.58 52.00 64.58 0.8 44.50 60.58 46.50 61.58 49.00 62.58 50.00 62.58 52.00 64.58 0.9 44.50 58.58 46.50 59.58 46.50 60.58 49.00 61.58 51.00 62.58 1.0 43.50 57.68 44.50 58.58 46.50 58.58 49.00 59.58 50.00 61.58 1.1 42.50 56.55 44.50 57.25 46.50 57.94 46.50 58.64 50.00 59.58 1.2 42.50 55.85 43.50 56.55 44.50 57.25 46.50 57.94 49.00 58.87 1.4 37.38 54.52 37.38 55.22 37.38 55.91 37.38 56.61 43.99 57.54 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.40 -1.05 175# -3.00 0.00 205# -4.33 0.00 155# -22.40 0.00 185# 0.00 0.00 215# -4.33 0.00 165# -8.40 0.00 195# -1.08 0.00 225# -5.25 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 195.90 lb carcass, 0.71 inch back-fat, 6.87 square inch loin/2.29 inch loin depth, FFLI: 51.90% Price Range $51.00 - $64.58 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 129,653 Base Price Range $45.75 - $66.71, Weighted Average $56.18 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 3,954 Compared to Prior Day's closing weighted average (LM_HG200), 1.01 higher Price Range $39.32 - $46.50, Weighted Average $45.06 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 947 Arkansas 157 Canada 400 Colorado 339 Georgia 149 Iowa 105,640 Illinois 18,463 Indiana 16,549 Kansas 3,747 Kentucky 2,189 Michigan 3,353 Minnesota 29,128 Missouri 10,797 Mississippi 1,758 Montana 7 North Carolina 968 North Dakota 199 Nebraska 13,957 New York 362 Ohio 8,341 Oklahoma 4,898 Pennsylvania 1,442 South Carolina 117 South Dakota 5,774 Tennessee 1,226 Texas 3,195 Utah 3,018 Virginia 259 Wisconsin 525 Wyoming 183 -------------------------------------------------------------------------------- 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 0800C .