LM_HG212 Des Moines, Iowa Fri, May 17, 2013 USDA Market News WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Friday, May 17, 2013 (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 4,269 2,658 3,546 5,991 Other Market Formula 13,254 13,084 11,472 21,171 Swine or Pork Market Formula 102,124 59,345 50,508 57,983 Other Purchase Arrangement 47,475 19,853 22,451 19,060 Packer Sold (all purchase types) 9,621 711 1,033 1,484 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,271 Compared to Prior Day's closing weighted average (LM_HG208), 0.72 lower Base Price Range $79.00 - $92.00, Weighted Average $89.07 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 LOIN AREA/DEPTH (INCHES) BF 4.0/ 1.4 5.0/ 1.7 6.0/ 2.0 7.0/ 2.3 8.0/ 2.7 0.4 82.00 93.50 83.50 94.50 84.50 95.50 85.50 95.00 86.00 95.00 0.5 79.00 93.00 82.00 93.50 84.50 95.50 85.00 94.00 86.00 94.00 0.6 79.00 92.50 82.00 93.00 83.50 94.50 84.50 95.50 85.50 94.00 0.7 79.00 92.00 79.00 92.50 82.00 93.50 84.50 95.50 85.00 94.00 0.8 78.00 91.50 79.00 92.00 82.00 93.00 83.50 94.50 85.00 95.50 0.9 78.00 91.00 79.00 91.50 79.00 92.50 82.00 93.50 84.50 95.50 1.0 76.00 89.00 78.00 91.00 79.00 92.00 82.00 93.00 83.50 94.50 1.1 75.00 87.00 78.00 89.00 79.00 91.50 79.00 92.50 83.50 93.50 1.2 75.00 84.00 76.00 87.00 78.00 91.00 79.00 92.00 82.00 93.00 1.4 71.50 79.00 75.00 84.00 76.00 87.00 78.00 91.00 79.00 92.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00-13.76 175# -4.00 2.25 205# 0.00 4.50 155# -30.00 -6.42 185# -1.00 4.00 215# 0.00 4.25 165# -15.00 -2.75 195# 0.00 4.50 225# -1.33 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.31 lb carcass, 0.71 inch back-fat, 7.60 square inch loin/2.53 inch loin depth, FFLI: 52.29% Price Range $84.50 - $95.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 55,904 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 785 Compared to Prior Day's closing weighted average (LM_HG208), 6.08 lower Price Range $60.22 - $70.50, Weighted Average $65.50 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 53,098 Minnesota 28,484 Missouri 496 Nebraska 10,214 South Dakota 1,200 -------------------------------------------------------------------------------- *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 1500C .