LM_HG211 Des Moines, Iowa Fri, May 17, 2013 USDA Market News WESTERN 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 3,028 487 0 1,271 Other Market Formula 3,793 1,463 750 395 Swine or Pork Market Formula 80,559 29,455 24,620 31,205 Other Purchase Arrangement 47,475 12,193 14,901 13,060 Packer Sold (all purchase types) 7,771 711 1,033 1,299 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 271 Compared to Prior Day's closing weighted average (LM_HG208), 1.41 higher Base Price Range $79.00 - $91.72, Weighted Average $91.20 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- WESTERN 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 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -23.75-13.76 175# -1.35 2.25 205# 0.00 4.50 155# -23.75 -6.42 185# 0.00 4.00 215# 0.00 4.25 165# -11.00 -2.75 195# 0.00 4.50 225# -1.33 0.50 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 28,104 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 211 Compared to Prior Day's closing weighted average (LM_HG208), 1.58 lower Price Range $66.51 - $70.50, Weighted Average $70.00 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 22,488 Minnesota 17,613 Missouri 70 Nebraska 2,936 South Dakota 440 -------------------------------------------------------------------------------- *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 .