LM_HG212 Des Moines, Iowa Fri, Nov 06, 2009 USDA Market News WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Friday, November 6, 2009 (As of 1:30 PM) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 13,374 9,312 11,993 14,671 Other Market Formula 21,851 11,778 16,950 7,708 Swine or Pork Market Formula 155,322 90,436 93,031 72,775 Other Purchase Arrangement 50,447 39,478 31,718 42,203 Packer Sold (all purchase types) 18,891 6,547 3,848 5,595 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,221 Compared to Prior Day's closing weighted average (LM_HG208), 0.75 lower Base Price Range $44.00 - $55.23, Weighted Average $53.47 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 46.50 59.23 47.50 58.50 48.50 58.50 50.00 60.00 50.00 60.00 0.5 44.00 59.23 46.50 59.23 48.50 59.23 49.50 58.50 50.00 59.39 0.6 44.00 58.73 46.50 59.23 47.50 59.23 48.50 59.23 50.00 58.85 0.7 44.00 57.51 44.00 57.51 46.50 58.73 48.50 59.23 49.50 59.23 0.8 42.00 57.51 44.00 57.51 46.50 57.51 47.50 57.51 49.50 59.23 0.9 42.00 54.85 44.00 54.85 44.00 55.23 46.50 56.23 48.50 57.25 1.0 41.00 54.85 42.00 54.85 44.00 54.85 46.50 55.64 47.50 56.71 1.1 40.00 51.90 42.00 52.43 44.00 53.50 44.00 55.11 47.50 56.18 1.2 40.00 51.65 41.00 51.90 42.00 52.97 44.00 54.57 46.50 55.64 1.4 36.50 50.29 36.70 50.83 36.70 51.90 36.70 52.97 42.95 54.57 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -9.52 175# -3.00 0.00 205# 0.00 0.00 155# -22.00 -4.16 185# -0.54 0.00 215# -0.67 0.00 165# -7.99 -1.35 195# 0.00 0.00 225# -5.25 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 $48.50 - $59.23 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 90,147 Base Price Range $49.98 - $57.35, Weighted Average $51.89 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 703 Compared to Prior Day's closing weighted average (LM_HG208), 0.06 higher Price Range $38.60 - $43.21, Weighted Average $41.65 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 101,881 Kansas 1,330 Minnesota 30,431 Missouri 3,009 Nebraska 15,006 South Dakota 4,915 -------------------------------------------------------------------------------- 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 1500C .