LM_HG207 Des Moines, Iowa Fri, Nov 20, 2009 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON PLANT LOCATION PLANT DELIVERED PURCHASE DATA FOR Thursday, November 19, 2009 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,852 6,496 9,579 Other Market Formula 20,992 7,407 8,957 Swine or Pork Market Formula 54,508 46,070 48,689 Other Purchase Arrangement 18,485 15,764 15,863 Packer Sold (all purchase types) 1,877 2,473 2,071 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 5,405 20,992 52,398 18,485 97,280 Base Price 49.71 60.69 52.00 60.79 55.42 Packer Sold Head Count 1,446 Base Price 52.57 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,405 Compared to Prior Day's closing weighted average (LM_HG207), 0.50 lower Base Price Range $45.00 - $52.50, Weighted Average $49.71 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- EASTERN CORNBELT 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 47.50 55.55 48.50 56.21 49.50 57.56 50.73 58.57 50.73 59.57 0.5 45.00 54.68 47.50 55.30 49.50 56.66 50.50 57.66 50.73 58.67 0.6 45.00 54.08 47.50 54.68 48.50 55.76 49.50 56.76 51.00 57.76 0.7 45.00 53.55 45.00 54.08 47.50 55.13 49.50 56.18 50.50 57.23 0.8 43.00 53.19 45.00 53.55 47.50 54.60 48.50 55.65 50.50 56.70 0.9 43.00 51.98 45.00 52.50 45.00 54.08 47.50 55.13 49.50 56.18 1.0 42.00 51.45 43.00 51.98 45.00 53.55 47.50 54.60 48.50 55.65 1.1 41.00 50.93 43.00 51.45 45.00 52.50 45.00 54.08 47.77 55.13 1.2 41.00 50.40 42.00 50.93 42.50 51.98 45.00 53.55 47.50 54.60 1.4 34.00 49.35 34.00 49.88 34.00 50.93 34.00 51.98 40.88 53.55 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -0.99 175# -2.63 0.00 205# -4.02 0.00 155# -22.00 0.00 185# -0.53 0.00 215# -4.02 0.00 165# -7.39 0.00 195# -1.00 0.00 225# -4.02 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 191.50 lb carcass, 0.72 inch back-fat, 6.93 square inch loin/2.31 inch loin depth, FFLI: 51.79% Price Range $49.50 - $56.18 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 53,844 Base Price Range $47.32 - $56.49, Weighted Average $52.02 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 2,317 Compared to Prior Day's closing weighted average (LM_HG207), 0.04 lower Price Range $36.00 - $41.00, Weighted Average $40.28 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 180 Delaware 158 Georgia 91 Illinois 25,102 Indiana 25,723 Kentucky 1,079 Michigan 7,387 Mississippi 1,923 North Carolina 17,786 New York 718 Ohio 16,409 Pennsylvania 3,571 South Carolina 333 Tennessee 1,749 Virginia 103 Wisconsin 1,500 -------------------------------------------------------------------------------- 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 0800C .