LM_HG211 Des Moines, Iowa Fri, Nov 06, 2009 USDA Market News WESTERN 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 10,450 932 2,572 6,208 Other Market Formula 20,715 1,350 800 0 Swine or Pork Market Formula 149,146 51,525 46,363 33,770 Other Purchase Arrangement 49,532 950 933 6,120 Packer Sold (all purchase types) 16,566 3,407 2,068 4,515 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 972 Compared to Prior Day's closing weighted average (LM_HG208), 1.34 lower Base Price Range $45.00 - $53.50, Weighted Average $52.88 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 47.50 56.50 48.50 58.00 49.50 58.00 51.00 59.50 51.00 59.50 0.5 45.00 57.38 47.50 57.38 49.50 57.25 50.50 58.32 51.00 59.39 0.6 45.00 56.70 47.50 57.38 48.50 57.38 49.50 57.78 51.00 58.85 0.7 45.00 56.70 45.00 56.70 47.50 56.70 49.50 57.38 50.50 58.32 0.8 43.00 56.70 45.00 56.70 47.50 56.70 48.50 56.71 50.50 57.78 0.9 43.00 54.08 45.00 54.08 45.00 55.11 47.50 56.18 49.50 57.25 1.0 42.00 54.08 43.00 54.08 45.00 54.57 47.50 55.64 48.50 56.71 1.1 41.00 51.90 43.00 52.43 45.00 53.50 45.00 55.11 48.50 56.18 1.2 41.00 51.36 42.00 51.90 43.00 52.97 45.00 54.57 47.50 55.64 1.4 37.38 50.29 37.38 50.83 37.38 51.90 37.38 52.97 43.58 54.57 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -9.52 175# -3.00 0.00 205# 0.00 0.00 155# -22.00 -4.28 185# -0.54 0.00 215# -0.67 0.00 165# -7.88 -1.35 195# 0.00 0.00 225# -1.50 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.37 lb carcass, 0.74 inch back-fat, 6.81 square inch loin/2.27 inch loin depth, FFLI: 51.37% Price Range $49.50 - $57.38 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 53,146 Base Price Range $50.31 - $57.35, Weighted Average $51.99 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 325 Compared to Prior Day's closing weighted average (LM_HG208), 0.75 higher Price Range $38.84 - $43.21, Weighted Average $42.34 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 33,269 Kansas 820 Minnesota 13,981 Missouri 1,234 Nebraska 6,983 South Dakota 1,805 -------------------------------------------------------------------------------- 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 .