LM_HG203 Des Moines, Iowa Wed, Feb 08, 2012 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, February 8, 2012 (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 13,279 10,221 14,608 19,767 Other Market Formula 9,940 5,890 24,054 23,482 Swine or Pork Market Formula 151,401 80,416 67,499 71,566 Other Purchase Arrangement 54,641 39,465 34,841 38,267 Packer Sold (all purchase types) 16,240 2,700 1,920 2,373 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,407 Compared to the prior day, on a plant by plant basis, weighted average base prices were 3.36 lower to 3.21 higher, mostly .75 lower to 1.25 higher. Slow to market activity with light demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.82 lower Base Price Range $74.00 - $90.00, Weighted Average $83.69 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 77.00 91.00 78.50 92.00 79.50 93.50 80.50 95.00 81.00 96.00 0.5 74.00 90.00 77.00 91.00 79.50 92.75 80.00 94.25 81.00 95.50 0.6 74.00 89.00 77.00 90.00 78.50 92.00 79.50 93.50 80.50 95.00 0.7 74.00 88.00 74.00 89.00 77.00 91.00 79.50 92.75 80.00 94.25 0.8 73.00 87.00 74.00 88.00 77.00 90.00 78.50 92.00 80.00 93.50 0.9 73.00 86.00 74.00 87.00 74.00 89.00 77.00 91.00 79.50 92.75 1.0 71.00 85.00 73.00 86.00 74.00 88.00 77.00 90.00 78.50 92.00 1.1 70.00 84.00 73.00 85.00 74.00 87.00 74.00 89.00 78.50 91.00 1.2 70.00 84.00 71.00 84.00 73.00 86.00 74.00 88.00 77.00 90.00 1.4 66.50 84.00 70.00 84.00 71.00 84.00 73.00 86.00 74.00 88.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -1.59 175# -4.00 2.25 205# -6.36 4.50 155# -30.00 0.00 185# -1.50 4.00 215# -6.36 4.25 165# -15.00 0.00 195# -1.59 4.50 225# -6.36 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.70 lb carcass, 0.69 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.38% Price Range $79.50 - $92.75 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 78,647 Base Price Range $76.01 - $90.63, Weighted Average $83.13 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,462 Compared to Prior Day's closing weighted average (LM_HG200), 0.54 higher Price Range $59.78 - $66.35, Weighted Average $64.15 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 179 Canada 590 Colorado 47 Delaware 150 Iowa 50,881 Illinois 10,536 Indiana 18,069 Kansas 525 Kentucky 1,183 Michigan 4,334 Minnesota 24,043 Missouri 969 Montana 450 North Carolina 773 Nebraska 9,900 New York 360 Ohio 9,467 Pennsylvania 2,681 South Dakota 1,470 Tennessee 805 Texas 1,056 Wisconsin 152 -------------------------------------------------------------------------------- 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 .