LM_HG209 Des Moines, Iowa Fri, Nov 06, 2009 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Friday, November 6, 2009 (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 7,143 5,056 3,308 7,816 Other Market Formula 3,940 1,776 8,554 358 Swine or Pork Market Formula 57,957 11,446 12,843 10,403 Other Purchase Arrangement 16,946 4,331 4,667 4,354 Packer Sold (all purchase types) 1,625 965 1,335 1,542 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,868 Compared to Prior Day's closing weighted average (LM_HG207), 0.54 lower Base Price Range $50.00 - $53.38, Weighted Average $51.81 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- EASTERN 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 52.50 57.07 53.50 57.74 54.50 59.13 54.88 60.17 54.88 61.20 0.5 50.00 57.38 52.50 57.38 54.50 58.20 55.50 59.24 54.88 60.27 0.6 50.00 56.13 52.50 57.38 53.50 57.38 54.50 58.31 55.88 59.34 0.7 50.00 54.88 50.00 56.13 52.50 56.35 53.50 57.38 55.00 58.41 0.8 48.00 54.88 50.00 54.88 52.00 56.13 52.00 56.45 53.50 57.48 0.9 48.00 53.38 50.00 53.38 50.00 54.88 52.00 55.65 52.00 56.71 1.0 47.00 51.94 48.00 53.38 49.00 54.06 51.00 55.12 52.00 56.18 1.1 45.88 51.41 47.00 51.94 49.00 53.00 49.00 54.59 51.00 55.65 1.2 45.00 50.88 45.00 51.41 45.88 52.47 47.00 54.06 49.00 55.12 1.4 37.38 49.82 37.38 50.35 37.38 51.41 37.38 52.47 45.00 54.06 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -1.03 175# -3.00 0.00 205# -4.13 0.00 155# -22.00 0.00 185# -0.53 0.00 215# -4.13 0.00 165# -6.00 0.00 195# -1.03 0.00 225# -4.13 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 190.89 lb carcass, 0.71 inch back-fat, 6.87 square inch loin/2.29 inch loin depth, FFLI: 51.92% Price Range $53.50 - $57.38 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,410 Base Price Range $47.39 - $57.87, Weighted Average $52.02 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 794 Compared to Prior Day's closing weighted average (LM_HG207), 1.14 higher Price Range $35.44 - $43.00, Weighted Average $42.24 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 1,164 Illinois 4,079 Indiana 3,002 Kentucky 360 Michigan 2,076 Mississippi 1,333 North Carolina 540 New York 180 Ohio 7,353 Pennsylvania 935 Tennessee 840 Wisconsin 245 -------------------------------------------------------------------------------- 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 .