LM_HG208 Des Moines, Iowa Tue, Feb 09, 2010 USDA Market News WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON PLANT LOCATION PLANT DELIVERED PURCHASE DATA FOR Monday, February 8, 2010 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 15,021 13,258 16,825 Other Market Formula 13,574 17,278 6,750 Swine or Pork Market Formula 115,699 114,649 126,573 Other Purchase Arrangement 48,887 65,112 58,301 Packer Sold (all purchase types) 13,466 12,822 12,267 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 11,070 13,574 110,840 48,887 184,371 Base Price 64.76 67.31 64.21 65.44 64.80 Packer Sold Head Count 12,566 Base Price 62.39 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,070 Compared to Prior Day's closing weighted average (LM_HG208), 0.68 higher Base Price Range $60.00 - $67.00, Weighted Average $64.76 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- WESTERN 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 62.50 69.50 63.50 69.50 64.34 69.12 64.34 70.50 64.34 70.50 0.5 60.00 71.00 62.50 71.00 64.50 69.50 64.89 69.76 64.34 71.04 0.6 60.00 69.75 62.50 71.00 63.50 71.00 64.50 69.66 65.34 70.40 0.7 60.00 69.66 60.00 69.75 62.50 69.75 64.50 71.00 65.50 71.00 0.8 58.00 69.66 60.00 69.66 62.50 69.75 63.00 69.75 64.50 71.00 0.9 58.00 67.00 60.00 67.00 60.00 68.50 62.50 68.50 63.00 69.75 1.0 57.00 66.44 58.00 67.00 60.00 67.00 62.00 67.00 63.00 68.50 1.1 55.34 62.57 58.00 64.50 60.00 64.50 60.00 67.00 61.11 67.20 1.2 55.34 62.57 55.34 62.57 55.34 63.36 58.00 65.28 60.00 66.56 1.4 46.84 60.16 46.84 60.80 46.84 62.08 46.84 63.36 52.29 65.28 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -25.80 -9.52 175# -3.20 0.00 205# 0.00 0.00 155# -25.80 -5.04 185# -0.64 0.00 215# -0.67 0.00 165# -9.68 -1.35 195# 0.00 0.00 225# -1.50 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.20 lb carcass, 0.69 inch back-fat, 6.99 square inch loin/2.33 inch loin depth, FFLI: 52.26% Price Range $64.50 - $71.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 123,406 Base Price Range $59.32 - $73.38, Weighted Average $64.03 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 3,625 Compared to Prior Day's closing weighted average (LM_HG208), 0.24 lower Price Range $44.74 - $53.00, Weighted Average $51.21 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 110,828 Kansas 3,045 Minnesota 61,042 Missouri 7,332 Nebraska 15,351 South Dakota 9,049 -------------------------------------------------------------------------------- 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 .