LM_HG212 Des Moines, Iowa Mon, Jul 06, 2009 USDA Market News WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Monday, July 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 12,177 7,402 10,697 13,682 Other Market Formula 13,302 10,873 17,282 11,214 Swine or Pork Market Formula 99,211 61,153 69,125 56,758 Other Purchase Arrangement 50,119 44,485 49,601 64,218 Packer Sold (all purchase types) 10,275 3,346 4,568 5,472 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,666 Compared to Prior Day's closing weighted average (LM_HG208), 0.71 lower Base Price Range $48.50 - $60.00, Weighted Average $57.76 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 51.00 63.00 52.00 64.50 53.00 64.80 54.50 66.00 54.50 66.00 0.5 48.50 62.45 51.00 63.00 53.00 64.20 54.00 65.40 54.50 66.60 0.6 48.50 61.95 51.00 62.45 52.00 63.60 53.00 64.80 54.50 66.00 0.7 48.50 61.20 48.50 61.80 51.00 63.00 53.00 64.20 54.00 65.40 0.8 46.50 60.00 48.50 61.20 51.00 62.40 52.00 63.60 54.00 64.80 0.9 46.50 59.40 48.50 60.00 48.50 61.80 51.00 63.00 53.00 64.20 1.0 45.50 58.80 46.50 59.40 48.50 61.20 51.00 62.40 52.00 63.60 1.1 44.50 58.20 46.50 58.80 48.50 60.00 48.50 61.80 52.00 63.00 1.2 44.50 57.60 45.50 58.20 46.50 59.40 48.50 61.20 51.00 62.40 1.4 40.08 56.40 40.08 57.00 40.08 58.20 40.08 59.40 44.82 61.20 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -22.00 -9.52 175# -3.00 0.00 205# 0.00 0.00 155# -22.00 -4.72 185# -0.60 0.00 215# -0.67 0.00 165# -8.10 -1.35 195# 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 $53.00 - $64.20 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 62,190 Base Price Range $50.60 - $62.10, Weighted Average $55.19 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 2,289 Compared to Prior Day's closing weighted average (LM_HG208), 2.80 higher Price Range $41.45 - $47.50, Weighted Average $46.57 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 73,347 Kansas 630 Minnesota 40,049 Missouri 2,515 Nebraska 10,230 South Dakota 1,667 -------------------------------------------------------------------------------- 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 .