LM_HG202 Des Moines, Iowa Wed, Jun 19, 2013 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, June 19, 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 8,117 3,100 4,218 5,197 Other Market Formula 9,706 6,396 7,855 4,090 Swine or Pork Market Formula 102,094 29,719 28,675 29,527 Other Purchase Arrangement 58,998 21,816 19,370 17,438 Packer Sold (all purchase types) 8,182 1,107 995 1,674 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,903 Compared to Prior Day's closing weighted average (LM_HG200), 0.96 lower Base Price Range $89.50 - $99.00, Weighted Average $98.32 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 92.50 108.78 94.00 110.05 95.00 112.71 96.00 114.68 96.50 116.64 0.5 89.50 107.00 92.50 108.28 95.00 110.94 95.50 112.91 96.50 114.87 0.6 89.50 105.23 92.50 106.51 94.00 109.17 95.00 111.14 96.00 113.10 0.7 89.50 103.46 89.50 104.74 92.50 107.40 95.00 109.37 95.50 111.33 0.8 88.50 101.69 89.50 102.97 92.50 105.63 94.00 107.59 95.50 109.56 0.9 88.50 99.92 89.50 101.20 89.50 103.86 92.50 105.82 95.00 107.79 1.0 86.50 98.15 88.50 99.43 89.50 102.09 92.50 104.05 94.00 106.02 1.1 85.50 96.38 88.50 97.66 89.50 100.32 89.50 102.28 94.00 104.25 1.2 85.50 93.43 86.50 94.71 88.50 97.37 89.50 99.33 92.50 101.30 1.4 82.00 87.32 85.50 91.63 86.50 93.20 88.50 94.77 89.50 98.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -9.84 175# -3.00 2.25 205# -7.87 4.50 155# -30.00 0.00 185# 0.00 4.00 215# -7.87 4.25 165# -15.00 0.00 195# -1.97 4.50 225# -7.87 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 198.03 lb carcass, 0.69 inch back-fat, 7.24 square inch loin/2.41 inch loin depth, FFLI: 52.43% Price Range $95.00 - $109.37 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 29,843 Base Price Range $97.99 - $109.28, Weighted Average $99.46 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 190 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 21,385 Illinois 1,023 Indiana 4,618 Kentucky 355 Michigan 1,200 Minnesota 17,261 North Carolina 99 Nebraska 3,352 New York 175 Ohio 7,480 Pennsylvania 1,240 South Carolina 176 South Dakota 540 Tennessee 984 Texas 880 Wisconsin 160 -------------------------------------------------------------------------------- *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 .