LM_HG202 ***NO REPORT TOMORROW DUE TO FEDERAL HOLIDAY*** Des Moines, Iowa Thu, Jul 02, 2009 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, July 2, 2009 (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 24,492 8,140 4,755 9,033 Other Market Formula 16,788 1,392 1,281 1,018 Swine or Pork Market Formula 125,355 35,607 38,594 31,424 Other Purchase Arrangement 35,585 6,397 748 14,046 Packer Sold (all purchase types) 16,999 4,136 2,635 5,121 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,742 Compared to Prior Day's closing weighted average (LM_HG200), 0.36 higher Base Price Range $46.50 - $60.50, Weighted Average $56.83 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 63.50 50.00 65.00 51.00 65.00 52.50 66.50 52.50 66.50 0.5 46.50 62.11 49.00 63.50 51.00 63.50 52.00 65.00 52.50 65.00 0.6 46.50 62.00 49.00 62.11 50.00 63.50 51.00 63.50 52.50 65.00 0.7 46.50 60.50 46.50 60.50 49.00 62.00 51.00 62.11 52.00 63.50 0.8 44.50 60.48 46.50 60.50 49.00 60.50 50.00 60.50 52.00 62.11 0.9 44.50 57.68 46.50 59.50 46.50 59.50 49.00 60.50 51.00 60.50 1.0 43.50 57.68 44.50 57.68 46.50 57.68 49.00 59.50 50.00 60.50 1.1 42.50 55.50 44.50 55.50 46.50 57.50 46.50 57.50 50.00 59.50 1.2 42.50 54.32 43.50 54.32 44.50 55.50 46.50 55.50 49.00 57.50 1.4 39.00 48.11 39.41 50.50 39.41 50.50 39.41 53.50 43.99 53.50 -------------------------------------------------------------------------------- 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: 196.59 lb carcass, 0.71 inch back-fat, 6.87 square inch loin/2.29 inch loin depth, FFLI: 51.89% Price Range $51.00 - $62.11 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 36,301 Base Price Range $49.47 - $60.70, Weighted Average $54.39 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 584 Compared to Prior Day's closing weighted average (LM_HG200), 0.64 higher Price Range $42.50 - $46.00, Weighted Average $44.69 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 677 Canada 400 Georgia 149 Iowa 20,525 Illinois 2,350 Indiana 1,576 Kentucky 914 Michigan 944 Minnesota 12,813 Missouri 690 Mississippi 1,758 North Carolina 431 Nebraska 2,115 New York 360 Ohio 5,142 Pennsylvania 1,215 South Carolina 117 South Dakota 180 Tennessee 509 Virginia 259 Wisconsin 175 -------------------------------------------------------------------------------- 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 .