LM_HG203 Des Moines, Iowa Tue, Feb 09, 2010 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, February 9, 2010 (As of 1:30 PM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 24,201 21,454 16,356 27,679 Other Market Formula 33,397 24,262 17,054 9,980 Swine or Pork Market Formula 153,555 79,899 73,517 86,767 Other Purchase Arrangement 36,653 31,193 26,189 23,727 Packer Sold (all purchase types) 21,407 4,669 3,585 7,938 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 16,564 Compared to the prior day, base prices were 1.76 lower to 1.50 higher, mostly 1.00 to 1.50 higher. Moderate market activity with moderate to good demand. Compared to Prior Day's closing weighted average (LM_HG200), 1.20 higher Base Price Range $61.00 - $68.00, Weighted Average $65.44 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 63.50 70.50 63.99 70.50 62.99 71.77 62.99 73.03 62.99 74.28 0.5 61.00 72.00 63.50 72.00 63.99 70.65 63.99 71.90 62.99 73.15 0.6 61.00 70.75 63.00 72.00 64.50 72.00 63.99 70.77 63.99 72.02 0.7 61.00 70.47 61.00 70.75 63.00 70.75 63.00 72.00 64.50 72.00 0.8 59.00 70.47 61.00 70.47 61.50 70.75 61.50 70.75 63.00 72.00 0.9 58.50 68.00 60.50 68.00 60.50 69.50 61.50 69.50 61.50 70.75 1.0 58.00 67.21 58.50 68.00 58.50 68.00 60.50 68.00 61.50 69.50 1.1 53.99 63.38 56.50 65.50 58.50 65.50 58.50 68.00 60.50 68.25 1.2 53.99 63.29 53.99 63.38 53.99 64.35 56.50 66.30 58.50 67.60 1.4 45.49 61.11 45.49 61.89 45.49 63.05 45.49 64.35 52.91 66.30 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -26.10 -1.25 175# -3.25 0.00 205# -5.01 0.00 155# -26.10 0.00 185# -0.65 0.00 215# -5.01 0.00 165# -9.79 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 - $72.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 82,033 Base Price Range $59.52 - $67.96, Weighted Average $62.66 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 4,608 Compared to Prior Day's closing weighted average (LM_HG200), 1.38 higher Price Range $43.06 - $55.00, Weighted Average $51.91 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 680 Canada 2,340 Colorado 170 Georgia 158 Iowa 63,452 Illinois 13,756 Indiana 14,345 Kansas 710 Kentucky 994 Maryland 45 Michigan 3,685 Minnesota 24,132 Missouri 2,161 Mississippi 339 Montana 583 North Carolina 1,155 North Dakota 75 Nebraska 10,399 New York 535 Ohio 9,951 Pennsylvania 2,320 South Carolina 174 South Dakota 7,782 Tennessee 862 Wisconsin 494 -------------------------------------------------------------------------------- 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 1500C .