LM_HG209 Des Moines, Iowa Thu, Feb 09, 2012 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, February 9, 2012 (As of 9:30 AM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 5,330 2,671 3,082 4,459 Other Market Formula 1,355 360 6,480 17,020 Swine or Pork Market Formula 46,187 5,162 5,752 6,228 Other Purchase Arrangement 11,329 4,204 5,031 5,109 Packer Sold (all purchase types) 1,380 720 905 540 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,275 Compared to Prior Day's closing weighted average (LM_HG207), 1.92 lower Base Price Range $76.00 - $83.11, Weighted Average $79.58 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) Price not reported due to confidentiality* -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -1.59 175# -1.35 1.00 205# -6.36 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -6.36 3.00 165# -15.00 0.00 195# -1.59 3.00 225# -6.36 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,885 Base Price Range $79.11 - $88.72, Weighted Average $83.17 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 0 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 1,671 Indiana 2,295 Kentucky 340 Michigan 1,270 New York 360 Ohio 3,368 Pennsylvania 1,250 Tennessee 324 Wisconsin 180 -------------------------------------------------------------------------------- *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 1100C .