LM_HG211 Des Moines, Iowa Mon, Jul 06, 2009 USDA Market News WESTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Monday, July 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 9,937 866 967 2,645 Other Market Formula 3,335 40 1,620 0 Swine or Pork Market Formula 98,809 37,624 33,898 35,967 Other Purchase Arrangement 52,128 37,700 41,366 61,433 Packer Sold (all purchase types) 10,701 2,266 2,788 2,247 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,067 Compared to Prior Day's closing weighted average (LM_HG208), 1.09 lower Base Price Range $55.96 - $59.00, Weighted Average $57.38 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 59.26 61.95 58.96 62.54 58.26 63.72 58.26 64.90 58.26 64.90 0.5 58.50 61.36 59.96 61.95 59.26 63.13 58.96 64.31 58.26 65.49 0.6 58.50 60.77 58.50 61.36 59.96 62.54 59.26 63.72 58.96 64.90 0.7 56.96 60.18 57.00 60.77 58.50 61.95 58.50 63.13 59.96 64.31 0.8 55.96 59.00 56.96 60.18 57.00 61.36 57.00 62.54 58.50 63.72 0.9 53.96 58.41 54.96 59.00 55.96 60.77 56.96 61.95 57.00 63.13 1.0 52.96 57.82 53.96 58.41 53.96 60.18 54.96 61.36 56.96 62.54 1.1 49.26 57.23 51.46 57.82 52.96 59.00 53.96 60.77 54.96 61.95 1.2 48.96 56.64 48.96 57.23 49.26 58.41 51.46 60.18 52.96 61.36 1.4 40.76 55.46 40.76 56.05 40.76 57.23 40.76 58.41 48.96 60.18 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00-13.50 175# -3.00 0.00 205# 0.00 0.00 155# -22.00 -4.72 185# -0.59 0.00 215# -0.59 0.00 165# -6.00 -3.00 195# 0.00 0.00 225# -5.25 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 198.71 lb carcass, 0.71 inch back-fat, 6.84 square inch loin/2.28 inch loin depth, FFLI: 51.86% Price Range $58.50 - $63.13 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 40,364 Base Price Range $50.79 - $62.10, Weighted Average $55.75 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 0 Compared to Prior Day's closing weighted average (LM_HG208), No market to eport. -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 39,721 Kansas 355 Minnesota 34,574 Missouri 1,540 Nebraska 1,889 South Dakota 1,477 -------------------------------------------------------------------------------- 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 .