LM_HG210 Des Moines, Iowa Fri, May 17, 2013 USDA Market News EASTERN 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 6,450 4,311 4,720 9,018 Other Market Formula 37,465 19,605 2,480 9,072 Swine or Pork Market Formula 38,492 22,678 22,110 25,536 Other Purchase Arrangement 17,507 15,374 15,113 17,557 Packer Sold (all purchase types) 495 0 360 170 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,386 Compared to Prior Day's closing weighted average (LM_HG207), 0.33 lower Base Price Range $84.46 - $92.00, Weighted Average $90.31 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- EASTERN 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 91.00 99.14 92.50 100.31 93.50 102.73 94.50 104.52 95.00 106.31 0.5 88.00 97.53 91.00 98.69 93.50 101.11 94.00 102.91 95.00 104.70 0.6 88.00 95.91 91.00 97.08 92.50 99.50 93.50 101.29 94.50 103.09 0.7 88.00 94.30 88.00 95.47 91.00 97.89 93.50 99.68 94.00 101.47 0.8 87.00 92.74 88.00 93.85 91.00 96.27 92.50 98.07 94.00 99.86 0.9 87.00 92.00 88.00 92.83 88.00 94.66 91.00 96.45 93.50 98.25 1.0 85.00 90.25 87.00 92.00 88.00 93.05 91.00 94.84 92.50 96.63 1.1 84.00 88.78 87.00 90.34 88.00 92.00 88.00 93.23 92.50 95.02 1.2 84.00 87.40 85.00 88.87 87.00 90.34 88.00 92.00 91.00 93.29 1.4 78.88 81.97 80.05 86.02 82.47 87.49 84.26 88.96 86.05 92.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -8.96 175# -1.35 1.00 205# -7.17 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -7.17 3.00 165# -15.00 0.00 195# -1.79 3.00 225# -7.17 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 193.95 lb carcass, 0.70 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.17% Price Range $93.50 - $99.68 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 21,608 Base Price Range $84.00 - $98.63, Weighted Average $90.45 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 287 Compared to Prior Day's closing weighted average (LM_HG207), no comparison. Price Range $65.13 - $71.75, Weighted Average $70.48 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 173 Illinois 29,360 Indiana 10,270 Kentucky 1,260 Michigan 4,139 North Carolina 1,055 New York 360 Ohio 12,131 Pennsylvania 1,430 South Carolina 403 Tennessee 1,601 Wisconsin 541 -------------------------------------------------------------------------------- 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 .