LM_HG202 Des Moines, Iowa Tue, Jun 18, 2013 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, June 18, 2013 (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 8,365 4,149 3,384 3,924 Other Market Formula 34,694 16,840 18,788 4,739 Swine or Pork Market Formula 102,518 32,456 33,804 32,507 Other Purchase Arrangement 57,647 16,387 18,200 15,298 Packer Sold (all purchase types) 7,448 1,038 1,278 1,069 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,424 Compared to Prior Day's closing weighted average (LM_HG200), 0.98 lower Base Price Range $95.00 - $100.00, Weighted Average $98.51 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 98.00 108.78 99.50 110.05 100.50 112.71 101.50 114.68 101.50 116.64 0.5 95.00 107.00 98.00 108.28 100.00 110.94 101.00 112.91 101.50 114.87 0.6 95.00 105.23 98.00 106.51 99.50 109.17 100.00 111.14 101.50 113.10 0.7 95.00 103.46 95.00 104.74 98.00 107.40 98.50 109.37 100.00 111.33 0.8 94.00 101.69 95.00 102.97 97.00 105.63 97.00 107.59 98.50 109.56 0.9 94.00 100.00 95.00 101.20 95.00 103.86 97.00 105.82 97.00 107.79 1.0 92.00 98.15 94.00 100.00 94.00 102.09 96.00 104.05 97.00 106.02 1.1 91.00 96.50 92.00 98.20 94.00 100.32 94.00 102.28 96.00 104.25 1.2 90.00 95.00 90.00 96.60 92.00 98.50 92.00 100.00 94.00 101.40 1.4 84.00 89.10 87.00 93.50 87.00 95.10 90.00 98.50 90.00 100.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -9.84 175# -4.00 2.25 205# -7.87 4.50 155# -23.75 0.00 185# -1.00 4.00 215# -7.87 4.25 165# -11.00 0.00 195# -1.97 4.50 225# -7.87 0.50 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 199.32 lb carcass, 0.69 inch back-fat, 7.24 square inch loin/2.41 inch loin depth, FFLI: 52.42% Price Range $98.50 - $109.37 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 32,116 Base Price Range $99.14 - $108.49, Weighted Average $100.53 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 778 Compared to Prior Day's closing weighted average (LM_HG200), 3.49 higher Price Range $67.50 - $82.00, Weighted Average $79.27 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 25,548 Illinois 2,904 Indiana 1,186 Kansas 190 Kentucky 210 Michigan 8,524 Minnesota 16,926 Missouri 457 North Carolina 232 North Dakota 2 Nebraska 1,722 New York 350 Ohio 9,160 Pennsylvania 860 Tennessee 641 Texas 880 Wisconsin 330 -------------------------------------------------------------------------------- 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 .