LM_HG209 Des Moines, Iowa Fri, May 17, 2013 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Friday, May 17, 2013 (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 6,009 3,570 2,690 4,095 Other Market Formula 3,145 1,790 0 7,602 Swine or Pork Market Formula 25,061 5,122 5,354 8,582 Other Purchase Arrangement 16,174 5,967 5,693 6,914 Packer Sold (all purchase types) 495 0 0 170 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,386 Compared to Prior Day's closing weighted average (LM_HG207), 0.33 lower Base Price Range $84.46 - $92.00, Weighted Average $90.31 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) BF 4.0/ 1.4 5.0/ 1.7 6.0/ 2.0 7.0/ 2.3 8.0/ 2.7 0.4 91.00 99.14 92.50 100.31 93.50 102.73 94.50 104.52 95.00 106.31 0.5 88.00 97.53 91.00 98.69 93.50 101.11 94.00 102.91 95.00 104.70 0.6 88.00 95.91 91.00 97.08 92.50 99.50 93.50 101.29 94.50 103.09 0.7 88.00 94.30 88.00 95.47 91.00 97.89 93.50 99.68 94.00 101.47 0.8 87.00 92.74 88.00 93.85 91.00 96.27 92.50 98.07 94.00 99.86 0.9 87.00 92.00 88.00 92.83 88.00 94.66 91.00 96.45 93.50 98.25 1.0 85.00 90.25 87.00 92.00 88.00 93.05 91.00 94.84 92.50 96.63 1.1 84.00 88.78 87.00 90.34 88.00 92.00 88.00 93.23 92.50 95.02 1.2 84.00 87.40 85.00 88.87 87.00 90.34 88.00 92.00 91.00 93.29 1.4 78.88 81.97 80.05 86.02 82.47 87.49 84.26 88.96 86.05 92.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -8.96 175# -1.35 1.00 205# -7.17 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -7.17 3.00 165# -15.00 0.00 195# -1.79 3.00 225# -7.17 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 193.95 lb carcass, 0.70 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.17% Price Range $93.50 - $99.68 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,539 Base Price Range $88.46 - $98.51, Weighted Average $90.41 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 182 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 2,954 Indiana 1,911 Kentucky 1,260 Michigan 980 New York 180 Ohio 5,617 Pennsylvania 530 South Carolina 57 Tennessee 1,272 Wisconsin 225 -------------------------------------------------------------------------------- *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 .