LM_HG200 Des Moines, Iowa Tue, Feb 09, 2010 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, February 8, 2010 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 24,389 26,107 29,656 Other Market Formula 19,535 27,808 12,940 Swine or Pork Market Formula 163,023 156,638 177,443 Other Purchase Arrangement 72,103 90,438 86,521 Packer Sold (all purchase types) 25,032 24,476 24,203 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 18,270 19,535 154,349 72,103 264,257 Base Price 64.24 65.23 64.38 65.87 64.84 Packer Sold Head Count 19,374 Base Price 64.00 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 18,270 Compared to the prior day, base prices were 2.00 lower to 2.37 higher, mostly .25 lower to 1.50 higher. Slow to moderate market activity with moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.91 higher Base Price Range $57.00 - $67.00, Weighted Average $64.24 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 59.50 70.63 60.50 71.44 61.50 72.24 62.99 73.04 62.99 74.11 0.5 57.00 71.00 59.50 71.00 61.50 71.50 62.50 72.31 62.99 73.38 0.6 57.00 69.75 59.50 71.00 60.50 71.00 61.50 71.50 63.00 72.57 0.7 57.00 69.66 57.00 69.75 59.50 69.96 61.50 71.00 62.50 71.84 0.8 55.00 69.66 57.00 69.66 59.50 69.75 60.50 69.96 62.50 71.03 0.9 55.00 67.00 57.00 67.62 57.00 68.50 59.50 69.23 61.50 70.30 1.0 54.00 66.44 55.00 67.00 57.00 67.62 59.50 68.42 60.50 69.49 1.1 53.00 65.28 55.00 66.08 57.00 66.88 57.00 67.69 60.50 68.76 1.2 53.00 64.47 53.99 65.28 53.99 66.08 56.50 66.88 58.50 67.95 1.4 45.49 62.93 45.49 63.74 45.49 64.54 45.49 65.34 52.29 66.41 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -25.80 -1.23 175# -3.20 0.00 205# -4.95 0.00 155# -25.80 0.00 185# -0.64 0.00 215# -4.95 0.00 165# -9.68 0.00 195# -1.24 0.00 225# -4.95 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 196.40 lb carcass, 0.69 inch back-fat, 6.99 square inch loin/2.33 inch loin depth, FFLI: 52.29% Price Range $61.50 - $71.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 169,129 Base Price Range $59.32 - $73.38, Weighted Average $64.23 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 5,747 Compared to Prior Day's closing weighted average (LM_HG200), 1.78 lower Price Range $44.74 - $53.00, Weighted Average $50.53 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 159 Canada 690 Colorado 1,026 Georgia 338 Iowa 110,828 Illinois 18,138 Indiana 18,126 Kansas 3,045 Kentucky 3,278 Michigan 6,376 Minnesota 61,042 Missouri 7,332 Mississippi 318 Montana 1,030 North Carolina 15,543 North Dakota 574 Nebraska 15,351 New York 719 Ohio 12,687 Oklahoma 3,316 Pennsylvania 3,143 South Carolina 503 South Dakota 9,049 Tennessee 1,214 Texas 4,886 Utah 4,962 Wisconsin 1,034 -------------------------------------------------------------------------------- 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 .