LM_HG213 Des Moines, IA Thu, May 8, 2008 USDA Market News NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Wed, May 7, 2008 This report includes: Volume, Weighted Average Carcass Weight, and Base Cost Avg Base Cost (Packer Buying Programs) Head Carcass Backfat (Inches): 1.00-1.09 0.80-0.99 0.65-0.79 Date Count Weight Percent Lean: 49-50% 51-52% 53-54% 05/07/2008 158,532 199.67 73.54 75.46 77.54 05/06/2008 158,925 199.02 72.54 74.45 76.50 05/05/2008 144,839 198.54 71.94 73.84 75.90 05/02/2008 183,460 200.66 71.07 73.00 75.06 05/01/2008 157,392 200.11 70.43 72.36 74.39 04/30/2008 160,599 199.38 70.23 72.15 74.17 WEEKLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST For Week Ended: 05/02/2008 815,538 199.63 70.16 72.07 74.08 04/11/2008 913,534 201.83 54.10 55.96 57.80 05/11/2007 786,178 201.13 71.46 73.40 75.56 MONTHLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST For: April 2008 3,871,317 200.89 59.02 60.89 62.75 The values in the base cost lean calculations are determined by individual packer's lean value buying programs, which are based on the backfat and 6 to 7 square inch loineye area both measured at the 10th rib. Calculations include Producer Sold negotiated and swine or pork market formula and Packer Sold negotiated and swine or pork market formula data from the National Prior Day Slaughtered Swine Report (LM_HG201.txt). Monthly total and weighted averages represent slaughtered hogs reported for the month. Source: USDA Market News, Des Moines, IA Phone: 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1400C .