LM_HG208 Des Moines, Iowa Fri, Nov 06, 2009 USDA Market News WESTERN 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 13,455 13,056 23,283 Other Market Formula 28,694 27,465 11,447 Swine or Pork Market Formula 115,157 122,697 97,634 Other Purchase Arrangement 6,660 6,890 16,841 Packer Sold (all purchase types) 13,705 17,420 13,167 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER TOTALS/ MARKET OR PORK PURCHASE WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 11,214 28,694 112,776 6,660 159,344 Base Price 54.38 60.98 54.06 55.63 55.39 Packer Sold Head Count 12,625 Base Price 53.10 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 13,014 Compared to Prior Day's closing weighted average (LM_HG208), 1.25 lower Base Price Range $44.50 - $56.38, Weighted Average $54.22 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 47.00 60.38 48.00 59.38 49.00 58.88 50.50 60.00 50.50 60.00 0.5 44.50 60.38 47.00 60.38 49.00 60.38 50.00 59.41 50.50 60.50 0.6 44.50 59.88 47.00 60.38 48.00 60.38 49.00 60.38 50.50 59.95 0.7 44.50 58.05 44.50 58.38 47.00 59.88 49.00 60.38 50.00 60.38 0.8 42.50 58.05 44.50 58.05 47.00 58.38 48.00 58.38 50.00 60.38 0.9 42.50 55.36 44.50 55.38 44.50 56.38 47.00 57.38 49.00 58.38 1.0 41.50 55.36 42.50 55.36 44.50 55.59 47.00 56.68 48.00 57.77 1.1 40.50 52.87 42.50 53.41 44.50 54.50 44.50 56.14 48.00 57.23 1.2 40.50 52.32 41.50 52.87 42.50 53.96 44.50 55.59 47.00 56.68 1.4 36.70 51.23 36.70 51.78 36.70 52.87 36.70 53.96 42.95 55.59 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -9.52 175# -3.00 0.00 205# 0.00 0.00 155# -22.00 -4.24 185# -0.55 0.00 215# -0.67 0.00 165# -8.06 -1.35 195# 0.00 0.00 225# -5.25 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.40 lb carcass, 0.74 inch back-fat, 6.81 square inch loin/2.27 inch loin depth, FFLI: 51.37% Price Range $49.00 - $60.38 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 124,171 Base Price Range $41.52 - $58.71, Weighted Average $53.99 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,819 Compared to Prior Day's closing weighted average (LM_HG208), 0.27 lower Price Range $34.89 - $43.50, Weighted Average $41.59 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 107,633 Kansas 5,366 Minnesota 38,855 Missouri 5,154 Nebraska 15,260 South Dakota 5,973 -------------------------------------------------------------------------------- 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 .