LM_HG202 Des Moines, Iowa Tue, Feb 09, 2010 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, February 9, 2010 (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 20,479 5,260 7,655 11,737 Other Market Formula 15,065 5,266 4,641 3,767 Swine or Pork Market Formula 153,421 41,045 31,193 45,350 Other Purchase Arrangement 37,947 12,135 8,326 4,609 Packer Sold (all purchase types) 22,540 3,679 2,505 6,959 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,013 Compared to Prior Day's closing weighted average (LM_HG200), 0.96 lower Base Price Range $61.49 - $66.01, Weighted Average $63.28 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 63.99 69.27 63.99 70.08 62.99 71.77 62.99 73.03 62.99 74.28 0.5 63.00 70.01 64.50 70.01 63.99 70.65 63.99 71.90 62.99 73.15 0.6 63.00 69.93 63.00 70.01 64.50 70.01 63.99 70.77 63.99 72.02 0.7 61.50 69.93 61.50 69.93 63.00 69.93 63.00 70.01 64.50 70.90 0.8 60.50 69.93 61.50 69.93 61.50 69.93 61.50 69.93 63.00 70.01 0.9 58.50 66.69 60.50 66.69 60.50 67.51 61.50 67.51 61.50 68.76 1.0 58.50 66.69 58.50 66.69 58.50 66.69 60.50 66.69 61.50 67.84 1.1 53.99 62.89 56.50 63.66 58.50 64.44 58.50 66.01 60.50 67.20 1.2 53.99 62.81 53.99 62.89 53.99 63.66 56.50 65.28 58.50 66.56 1.4 45.49 60.63 45.49 61.40 45.49 62.18 45.49 63.36 52.91 65.28 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -25.90 -1.25 175# -3.20 0.00 205# -5.01 0.00 155# -25.90 0.00 185# -0.64 0.00 215# -5.01 0.00 165# -9.71 0.00 195# -1.25 0.00 225# -5.01 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 196.42 lb carcass, 0.69 inch back-fat, 6.99 square inch loin/2.33 inch loin depth, FFLI: 52.29% Price Range $63.00 - $70.01 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 43,558 Base Price Range $60.42 - $67.96, Weighted Average $62.52 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 240 Compared to Prior Day's closing weighted average (LM_HG200), 1.59 higher Price Range $43.06 - $53.50, Weighted Average $52.12 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 321 Colorado 170 Georgia 158 Iowa 23,777 Illinois 2,829 Indiana 4,831 Kansas 360 Kentucky 379 Maryland 45 Michigan 1,925 Minnesota 13,504 Missouri 331 Mississippi 159 North Carolina 460 Nebraska 7,450 New York 360 Ohio 6,626 Pennsylvania 1,075 South Dakota 20 Tennessee 677 Wisconsin 493 -------------------------------------------------------------------------------- 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 .