LM_HG200 Des Moines, Iowa Mon, Nov 23, 2009 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, November 20, 2009 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 25,904 24,449 39,933 Other Market Formula 51,241 52,090 41,140 Swine or Pork Market Formula 237,757 255,510 222,061 Other Purchase Arrangement 81,230 86,880 82,446 Packer Sold (all purchase types) 29,250 33,420 27,112 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 20,074 51,241 228,981 81,230 381,526 Base Price 51.20 59.81 51.83 59.64 54.53 Packer Sold Head Count 22,319 Base Price 52.48 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 20,414 Compared to the prior day, base prices were .82 lower to 1.87 higher, mostly steady to 1.00 higher. Slow to moderate market activity and light to moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.31 higher Base Price Range $44.00 - $54.00, Weighted Average $51.20 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 46.50 56.86 47.50 56.50 48.50 57.24 50.00 58.30 50.00 59.02 0.5 44.00 58.00 46.50 58.00 48.50 56.86 49.50 57.77 50.00 58.83 0.6 44.00 56.75 46.50 58.00 47.50 58.00 48.50 57.24 50.00 58.30 0.7 44.00 55.50 44.00 56.75 46.50 56.75 48.50 58.00 49.50 58.00 0.8 42.00 55.50 44.00 55.50 46.50 56.75 47.50 56.75 49.50 58.00 0.9 42.00 54.00 44.00 54.00 44.00 55.50 46.50 55.65 48.50 56.75 1.0 41.00 52.27 42.00 54.00 44.00 54.06 46.50 55.12 47.50 56.18 1.1 40.00 51.41 42.00 51.94 44.00 53.00 44.00 54.59 47.50 55.65 1.2 40.00 50.88 41.00 51.41 42.00 52.47 44.00 54.06 46.50 55.12 1.4 34.00 49.82 34.00 50.35 34.00 51.41 34.00 52.47 40.88 54.06 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -0.99 175# -3.00 0.00 205# -3.98 0.00 155# -22.00 0.00 185# -0.53 0.00 215# -3.98 0.00 165# -7.61 0.00 195# -1.00 0.00 225# -5.25 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 198.00 lb carcass, 0.72 inch back-fat, 6.90 square inch loin/2.30 inch loin depth, FFLI: 51.75% Price Range $48.50 - $58.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 247,086 Base Price Range $48.09 - $56.49, Weighted Average $51.84 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 5,352 Compared to Prior Day's closing weighted average (LM_HG200), 0.47 higher Price Range $32.01 - $42.00, Weighted Average $39.98 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 1,789 Canada 1,995 Colorado 863 Georgia 176 Iowa 194,109 Illinois 32,121 Indiana 23,642 Kansas 6,309 Kentucky 3,075 Louisiana 197 Michigan 7,515 Minnesota 59,172 Missouri 6,484 Mississippi 844 Montana 620 North Carolina 21,073 North Dakota 15 Nebraska 23,422 New York 358 Ohio 17,506 Oklahoma 2,812 Pennsylvania 3,791 South Carolina 460 South Dakota 8,612 Tennessee 845 Texas 2,290 Utah 5,362 Virginia 102 Wisconsin 823 -------------------------------------------------------------------------------- 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 .