LM_HG207 Des Moines, Iowa Fri, Nov 06, 2009 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON PLANT LOCATION PLANT DELIVERED PURCHASE DATA FOR Thursday, November 5, 2009 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 8,926 8,109 9,562 Other Market Formula 18,726 27,715 7,746 Swine or Pork Market Formula 54,421 53,740 49,192 Other Purchase Arrangement 16,264 44,382 18,326 Packer Sold (all purchase types) 2,832 1,816 2,547 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 7,499 18,726 48,995 16,264 91,484 Base Price 52.35 62.67 53.37 62.52 56.82 Packer Sold Head Count 1,907 Base Price 53.68 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,499 Compared to Prior Day's closing weighted average (LM_HG207), 0.81 higher Base Price Range $50.00 - $55.41, Weighted Average $52.35 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 52.50 57.91 53.35 57.91 52.85 59.06 52.85 60.10 52.85 61.13 0.5 50.00 59.41 52.50 59.41 53.40 58.14 53.85 59.17 52.85 60.20 0.6 50.00 58.16 52.20 59.41 52.80 59.41 53.40 58.24 53.85 59.27 0.7 50.00 56.91 50.00 58.16 52.25 58.16 52.85 59.41 53.65 59.41 0.8 48.00 56.91 50.00 56.91 51.65 58.16 52.25 58.16 53.05 59.41 0.9 48.00 55.41 50.00 55.41 50.00 56.91 51.70 56.91 52.50 58.16 1.0 47.00 52.91 48.00 55.41 50.00 55.41 51.10 55.41 51.90 56.91 1.1 43.85 52.16 48.00 52.91 48.85 53.45 50.00 55.41 51.35 55.41 1.2 43.85 51.52 43.85 52.16 43.85 52.80 48.85 53.45 48.85 54.30 1.4 35.35 50.29 35.35 50.93 35.35 51.57 35.35 52.22 43.85 53.07 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -1.02 175# -2.60 0.00 205# -4.12 0.00 155# -22.00 0.00 185# -0.52 0.00 215# -4.12 0.00 165# -6.00 0.00 195# -1.03 0.00 225# -4.12 -1.04 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 190.90 lb carcass, 0.71 inch back-fat, 6.87 square inch loin/2.29 inch loin depth, FFLI: 51.92% Price Range $52.85 - $59.41 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 50,902 Base Price Range $47.39 - $58.12, Weighted Average $53.38 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,258 Compared to Prior Day's closing weighted average (LM_HG207), 0.39 lower Price Range $33.99 - $42.50, Weighted Average $41.10 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 1,833 Delaware 131 Georgia 280 Illinois 28,251 Indiana 21,241 Kentucky 2,106 Maryland 180 Michigan 7,174 Mississippi 658 North Carolina 16,868 New York 362 Ohio 16,147 Pennsylvania 3,705 South Carolina 671 Tennessee 1,189 Virginia 23 Wisconsin 350 -------------------------------------------------------------------------------- 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 .