LM_HG203 Des Moines, Iowa Fri, Nov 06, 2009 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, November 6, 2009 (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 22,096 16,538 18,288 28,765 Other Market Formula 29,270 15,968 35,299 10,589 Swine or Pork Market Formula 217,945 119,128 126,142 101,480 Other Purchase Arrangement 72,080 58,422 54,095 58,513 Packer Sold (all purchase types) 29,093 7,512 5,263 7,662 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 15,253 Compared to the prior day, base prices were 1.33 lower to 1.11 higher, mostly .50 to 1.25 lower with instances of .50 to .75 higher. Slow market activity with light demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.48 lower Base Price Range $44.00 - $55.23, Weighted Average $53.01 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 46.50 59.23 47.50 58.50 48.50 59.13 50.00 60.17 50.00 61.20 0.5 44.00 59.23 46.50 59.23 48.50 59.23 49.50 59.24 50.00 60.27 0.6 44.00 58.73 46.50 59.23 47.50 59.23 48.50 59.23 50.00 59.34 0.7 44.00 57.51 44.00 57.51 46.50 58.73 48.50 59.23 49.50 59.23 0.8 42.00 57.51 44.00 57.51 46.50 57.51 47.50 57.51 49.50 59.23 0.9 42.00 54.85 44.00 54.85 44.00 55.45 46.50 56.23 48.50 57.25 1.0 41.00 54.85 42.00 54.85 44.00 54.85 46.50 55.64 47.50 56.71 1.1 40.00 52.90 42.00 53.55 44.00 54.21 44.00 55.11 47.50 56.18 1.2 40.00 52.25 41.00 52.90 42.00 53.55 44.00 54.57 46.50 55.64 1.4 36.03 51.00 36.03 51.66 36.03 52.31 36.03 52.97 42.95 54.57 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -1.03 175# -3.00 0.00 205# -4.13 0.00 155# -22.00 0.00 185# -0.54 0.00 215# -4.13 0.00 165# -7.99 0.00 195# -1.03 0.00 225# -5.25 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 197.02 lb carcass, 0.73 inch back-fat, 6.84 square inch loin/2.28 inch loin depth, FFLI: 51.55% Price Range $48.50 - $59.23 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 120,144 Base Price Range $47.39 - $57.87, Weighted Average $52.01 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 2,279 Compared to Prior Day's closing weighted average (LM_HG200), 0.13 higher Price Range $35.44 - $43.21, Weighted Average $41.52 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 1,522 Canada 1,259 Georgia 89 Iowa 101,881 Illinois 15,366 Indiana 15,484 Kansas 1,330 Kentucky 1,718 Michigan 5,416 Minnesota 30,431 Missouri 3,009 Mississippi 1,333 Montana 210 North Carolina 1,260 Nebraska 15,006 New York 360 Ohio 12,756 Pennsylvania 2,590 South Carolina 80 South Dakota 4,915 Tennessee 1,182 Utah 108 Wisconsin 726 -------------------------------------------------------------------------------- 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 .