LM_HG207 Des Moines, Iowa Thu, Jul 09, 2009 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, July 8, 2009 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 11,879 9,942 13,917 Other Market Formula 3,331 7,622 4,645 Swine or Pork Market Formula 45,270 49,033 48,369 Other Purchase Arrangement 10,078 15,379 17,248 Packer Sold (all purchase types) 1,667 2,553 4,121 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 10,432 3,331 43,647 10,078 67,488 Base Price 55.48 65.51 56.95 64.68 58.30 Packer Sold Head Count 1,304 Base Price 50.97 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,432 Compared to Prior Day's closing weighted average (LM_HG207), 0.28 lower Base Price Range $47.50 - $57.10, Weighted Average $55.48 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 50.00 60.95 51.00 61.67 52.00 63.16 53.50 64.26 53.50 65.36 0.5 47.50 61.10 50.00 61.10 52.00 62.16 53.00 63.27 53.50 64.37 0.6 47.50 59.85 50.00 61.10 51.00 61.17 52.00 62.27 53.50 63.38 0.7 47.50 58.60 47.50 59.85 50.00 60.18 52.00 61.28 53.00 62.38 0.8 45.50 58.60 47.50 58.60 50.00 59.85 51.00 60.29 53.00 61.39 0.9 45.50 57.10 47.50 57.19 47.50 58.60 50.00 59.30 52.00 60.40 1.0 44.50 55.83 45.50 57.10 47.50 57.20 50.00 58.31 51.00 59.41 1.1 43.50 55.20 45.50 55.88 47.50 56.56 47.50 57.31 51.00 58.42 1.2 43.50 54.53 44.50 55.20 45.50 55.88 47.50 56.56 50.00 57.47 1.4 39.41 53.22 39.41 53.90 39.41 54.58 39.41 55.26 47.50 56.17 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -1.10 175# -3.00 0.00 205# -4.41 0.00 155# -22.00 0.00 185# -0.54 0.00 215# -4.41 0.00 165# -6.00 0.00 195# -1.10 0.00 225# -4.41 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 187.90 lb carcass, 0.71 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.04% Price Range $52.00 - $61.28 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 44,951 Base Price Range $49.63 - $61.36, Weighted Average $56.78 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,315 Compared to Prior Day's closing weighted average (LM_HG207), 1.29 lower Price Range $38.55 - $47.50, Weighted Average $43.91 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 677 Georgia 451 Illinois 20,292 Indiana 14,899 Kentucky 1,239 Michigan 3,411 Mississippi 1,980 North Carolina 15,426 New York 540 Ohio 9,717 Pennsylvania 1,305 South Carolina 645 Tennessee 672 Wisconsin 971 -------------------------------------------------------------------------------- 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 .