LM_HG207 Des Moines, Iowa Mon, Nov 23, 2009 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON PLANT LOCATION PLANT DELIVERED PURCHASE DATA FOR Friday, November 20, 2009 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 10,139 9,458 13,720 Other Market Formula 24,547 25,160 14,759 Swine or Pork Market Formula 59,873 63,066 64,871 Other Purchase Arrangement 16,529 23,077 17,620 Packer Sold (all purchase types) 3,032 2,318 3,377 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 6,493 24,547 57,938 16,529 105,507 Base Price 50.00 58.27 52.35 61.21 54.97 Packer Sold Head Count 2,586 Base Price 52.17 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,493 Compared to Prior Day's closing weighted average (LM_HG207), 0.29 higher Base Price Range $44.75 - $53.00, Weighted Average $50.00 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 47.25 55.65 48.25 56.18 49.25 57.24 50.75 58.30 50.75 59.02 0.5 44.75 55.35 47.25 55.65 49.25 56.71 50.25 57.77 50.75 58.83 0.6 44.75 54.59 47.25 55.35 48.25 56.18 49.25 57.24 50.75 58.30 0.7 44.75 54.06 44.75 54.59 47.25 55.65 49.25 56.71 50.25 57.77 0.8 42.75 53.00 44.75 54.06 47.25 55.12 48.25 56.18 50.25 57.24 0.9 42.75 52.47 44.75 53.00 44.75 54.59 47.25 55.65 49.25 56.71 1.0 41.75 51.94 42.75 52.47 44.75 54.06 47.25 55.12 48.25 56.18 1.1 40.75 51.41 42.75 51.94 44.75 53.00 44.75 54.59 48.25 55.65 1.2 40.75 50.88 41.75 51.41 42.75 52.47 44.75 54.06 47.25 55.12 1.4 34.68 49.82 34.68 50.35 34.68 51.41 34.68 52.47 43.18 54.06 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -0.99 175# -2.65 0.00 205# -3.98 0.00 155# -22.00 0.00 185# -0.53 0.00 215# -3.98 0.00 165# -6.00 0.00 195# -1.00 0.00 225# -3.98 -0.98 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 191.30 lb carcass, 0.71 inch back-fat, 6.93 square inch loin/2.31 inch loin depth, FFLI: 51.96% Price Range $49.25 - $56.71 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 60,524 Base Price Range $48.09 - $56.49, Weighted Average $52.35 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 3,431 Compared to Prior Day's closing weighted average (LM_HG207), 0.62 higher Price Range $37.57 - $42.00, Weighted Average $40.90 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 1,789 Georgia 176 Illinois 32,121 Indiana 23,642 Kentucky 3,075 Michigan 7,515 Mississippi 844 North Carolina 21,073 New York 358 Ohio 17,506 Pennsylvania 3,791 South Carolina 460 Tennessee 845 Virginia 102 Wisconsin 823 -------------------------------------------------------------------------------- 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 .