LM_HG209 Des Moines, Iowa Tue, May 21, 2013 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Tuesday, May 21, 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 5,430 3,080 4,075 3,404 Other Market Formula 16,335 5,832 175 340 Swine or Pork Market Formula 30,292 4,949 3,746 4,289 Other Purchase Arrangement 12,041 4,671 5,843 3,933 Packer Sold (all purchase types) 560 0 0 547 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,030 Compared to Prior Day's closing weighted average (LM_HG207), 0.08 lower Base Price Range $84.46 - $91.01, Weighted Average $90.09 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 92.00 99.62 93.00 100.79 94.00 103.22 92.50 105.02 92.50 106.82 0.5 91.50 98.00 92.00 99.17 94.00 101.60 92.50 103.40 92.50 105.20 0.6 91.00 96.37 91.50 97.55 93.00 99.98 94.00 101.78 92.50 103.58 0.7 90.50 94.75 91.00 95.92 92.00 98.36 94.00 100.16 92.50 101.96 0.8 90.00 93.13 90.50 94.30 91.50 96.74 93.00 98.54 94.00 100.34 0.9 89.50 91.51 90.00 92.68 91.00 95.11 92.00 96.92 94.00 98.72 1.0 87.50 89.89 89.50 91.06 90.50 93.49 91.50 95.29 93.00 97.10 1.1 85.50 88.27 87.50 89.44 90.00 91.87 91.00 93.67 92.00 95.47 1.2 82.50 86.46 85.50 87.92 89.17 89.50 90.50 91.01 91.50 92.77 1.4 77.50 81.09 80.43 85.09 82.86 86.55 84.67 89.50 86.47 91.01 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -9.01 175# -4.00 1.00 205# -7.21 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -7.21 3.00 165# -15.00 0.00 195# -1.80 3.00 225# -7.21 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 193.12 lb carcass, 0.69 inch back-fat, 7.05 square inch loin/2.35 inch loin depth, FFLI: 52.35% Price Range $94.00 - $100.16 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,816 Base Price Range $87.53 - $99.18, Weighted Average $90.33 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 50 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 1,034 Indiana 1,623 Kentucky 1,409 Michigan 6,400 North Carolina 176 New York 360 Ohio 4,542 Pennsylvania 1,240 Tennessee 498 Wisconsin 420 -------------------------------------------------------------------------------- *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 .