LM_HG202 Des Moines, Iowa Wed, Feb 08, 2012 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, February 8, 2012 (As of 9:30 AM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 9,829 4,255 5,395 10,513 Other Market Formula 6,461 390 9,839 4,097 Swine or Pork Market Formula 148,987 31,478 30,898 27,764 Other Purchase Arrangement 47,171 17,695 19,880 20,574 Packer Sold (all purchase types) 17,740 1,850 1,945 1,693 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,145 Compared to Prior Day's closing weighted average (LM_HG200), 3.79 lower Base Price Range $74.00 - $87.00, Weighted Average $80.72 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS based on both Fat and Muscle Measurements for a 200 lb Carcass Basis LOIN AREA/DEPTH (INCHES) BF 4.0/ 1.4 5.0/ 1.7 6.0/ 2.0 7.0/ 2.3 8.0/ 2.7 0.4 77.00 87.99 78.50 89.03 79.50 91.18 80.50 92.77 81.00 94.36 0.5 74.00 86.56 77.00 87.60 79.50 89.74 80.00 91.33 81.00 92.93 0.6 74.00 85.50 77.00 86.16 78.50 88.31 79.50 89.90 80.50 91.49 0.7 74.00 84.00 74.00 84.73 77.00 86.88 79.50 88.47 80.00 90.06 0.8 73.00 83.00 74.00 84.00 77.00 85.45 78.50 87.04 80.00 88.63 0.9 73.00 81.00 74.00 83.00 74.00 84.02 77.00 85.61 79.50 87.20 1.0 71.00 81.00 73.00 81.00 74.00 82.58 77.00 84.17 78.50 85.77 1.1 70.00 79.00 73.00 79.00 74.00 81.15 74.00 82.74 78.50 84.33 1.2 70.00 77.00 71.00 77.28 73.00 79.00 74.00 80.36 77.00 81.95 1.4 66.50 71.28 70.00 74.80 71.00 76.08 73.00 77.36 74.00 80.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -1.59 175# -3.00 2.25 205# -6.36 4.50 155# -30.00 0.00 185# 0.00 4.00 215# -6.36 4.25 165# -15.00 0.00 195# -1.59 4.50 225# -6.36 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.70 lb carcass, 0.69 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.38% Price Range $79.50 - $88.47 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 31,200 Base Price Range $78.37 - $89.47, Weighted Average $83.32 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 110 Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 20,224 Illinois 1,836 Indiana 2,022 Kansas 350 Kentucky 377 Michigan 1,085 Minnesota 17,104 Missouri 250 North Carolina 69 Nebraska 2,114 New York 360 Ohio 4,553 Pennsylvania 1,900 South Dakota 1,110 Tennessee 327 Texas 1,056 -------------------------------------------------------------------------------- *For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines 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 1100C .