LM_HG207 Des Moines, Iowa Fri, May 17, 2013 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, May 16, 2013 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 5,200 5,999 6,366 Other Market Formula 20,610 11,145 13,423 Swine or Pork Market Formula 42,600 44,970 36,902 Other Purchase Arrangement 14,477 15,458 13,748 Packer Sold (all purchase types) 330 330 1,901 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 4,320 20,610 40,526 14,477 79,933 Base Price 90.64 84.80 91.55 92.83 89.99 Packer Sold Head Count 330 Base Price * -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,320 Compared to Prior Day's closing weighted average (LM_HG207), 0.21 lower Base Price Range $85.47 - $96.00, Weighted Average $90.64 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- EASTERN CORNBELT 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 94.50 99.14 95.50 100.50 96.50 102.73 95.00 104.52 95.00 106.31 0.5 94.00 97.53 94.50 99.00 96.50 101.11 95.00 102.91 95.00 104.70 0.6 93.50 97.50 94.00 97.50 95.50 99.50 96.50 101.29 95.00 103.09 0.7 93.00 96.00 93.50 96.00 94.50 97.89 96.50 99.68 95.00 101.47 0.8 92.50 95.00 93.00 96.00 94.00 96.27 95.50 98.07 96.50 99.86 0.9 91.07 93.00 92.24 95.00 93.50 95.00 94.50 96.45 96.00 98.25 1.0 89.46 93.00 90.63 93.00 92.83 93.05 93.84 95.00 95.22 96.63 1.1 87.85 91.00 89.01 91.00 91.43 93.00 92.92 93.50 94.21 95.02 1.2 85.00 89.00 86.32 89.00 88.74 92.00 90.54 93.00 92.33 94.00 1.4 78.88 83.00 80.05 86.02 82.47 88.00 84.26 92.00 86.05 93.00 -------------------------------------------------------------------------------- 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: 193.90 lb carcass, 0.70 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.17% Price Range $96.50 - $99.68 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 40,526 Base Price Range $84.00 - $98.51, Weighted Average $91.55 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 640 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 360 Georgia 99 Illinois 16,232 Indiana 14,276 Kentucky 2,085 Michigan 13,703 North Carolina 13,231 New York 179 Ohio 16,542 Pennsylvania 3,529 South Carolina 482 Tennessee 1,467 Wisconsin 1,032 -------------------------------------------------------------------------------- *For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines* 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 .