LM_HG203 Des Moines, Iowa Fri, May 17, 2013 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, May 17, 2013 (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 10,719 6,969 8,266 15,009 Other Market Formula 51,519 32,689 13,952 30,243 Swine or Pork Market Formula 143,776 82,023 72,618 83,519 Other Purchase Arrangement 64,982 35,227 37,564 36,617 Packer Sold (all purchase types) 16,116 711 1,393 1,654 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,697 Compared to the prior day, on a plant by plant basis, weighted average base prices were 2.48 lower to 0.86 higher, mostly steady to 0.50 lower. Slow market activity and light demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.44 lower Base Price Range $79.00 - $92.00, Weighted Average $89.78 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 82.00 99.14 83.50 100.31 84.50 102.73 85.50 104.52 86.00 106.31 0.5 79.00 97.53 82.00 98.69 84.50 101.11 85.00 102.91 86.00 104.70 0.6 79.00 95.91 82.00 97.08 83.50 99.50 84.50 101.29 85.50 103.09 0.7 79.00 94.30 79.00 95.47 82.00 97.89 84.50 99.68 85.00 101.47 0.8 78.00 92.74 79.00 93.85 82.00 96.27 83.50 98.07 85.00 99.86 0.9 78.00 92.00 79.00 92.83 79.00 94.66 82.00 96.45 84.50 98.25 1.0 76.00 90.25 78.00 92.00 79.00 93.05 82.00 94.84 83.50 96.63 1.1 75.00 88.78 78.00 90.34 79.00 92.00 79.00 93.23 83.50 95.02 1.2 75.00 87.40 76.00 88.87 78.00 91.00 79.00 92.00 82.00 93.29 1.4 71.50 81.97 75.00 86.02 76.00 87.49 78.00 91.00 79.00 92.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -8.96 175# -4.00 2.25 205# -7.17 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -7.17 4.25 165# -15.00 0.00 195# -1.79 4.50 225# -7.17 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.93 lb carcass, 0.70 inch back-fat, 7.33 square inch loin/2.44 inch loin depth, FFLI: 52.31% Price Range $84.50 - $99.68 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 78,042 Base Price Range $84.00 - $98.63, Weighted Average $89.53 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,072 Compared to Prior Day's closing weighted average (LM_HG200), 4.72 lower Price Range $60.22 - $71.75, Weighted Average $66.84 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 173 Canada 652 Iowa 53,098 Illinois 29,360 Indiana 10,270 Kentucky 1,260 Michigan 4,139 Minnesota 28,484 Missouri 496 Montana 180 North Carolina 1,055 North Dakota 140 Nebraska 10,214 New York 360 Ohio 12,131 Pennsylvania 1,430 South Carolina 403 South Dakota 1,200 Tennessee 1,601 Utah 77 Wisconsin 541 -------------------------------------------------------------------------------- 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 .