LM_HG210 Des Moines, Iowa Mon, May 20, 2013 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Monday, May 20, 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 7,428 5,428 6,419 7,607 Other Market Formula 14,826 13,446 2,410 4,014 Swine or Pork Market Formula 41,344 20,075 17,105 23,144 Other Purchase Arrangement 24,560 23,130 23,757 22,153 Packer Sold (all purchase types) 855 360 0 1,030 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,040 Compared to Prior Day's closing weighted average (LM_HG207), 0.10 lower Base Price Range $82.00 - $95.00, Weighted Average $90.17 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 85.00 99.62 86.50 100.79 87.50 103.22 88.50 105.02 89.00 106.82 0.5 82.00 98.00 85.00 99.17 87.50 101.60 88.00 103.40 89.00 105.20 0.6 82.00 96.50 85.00 97.55 86.50 99.98 87.50 101.78 88.50 103.58 0.7 82.00 95.00 82.00 95.92 85.00 98.36 87.50 100.16 88.00 101.96 0.8 81.00 94.00 82.00 95.00 85.00 96.74 86.50 98.54 88.00 100.34 0.9 81.00 92.00 82.00 94.00 82.00 95.11 85.00 96.92 87.50 98.72 1.0 79.00 92.00 81.00 92.00 82.00 93.49 85.00 95.29 86.50 97.10 1.1 78.00 90.00 81.00 90.34 82.00 92.00 82.00 93.67 86.50 95.47 1.2 78.00 88.00 79.00 88.87 81.00 90.34 82.00 92.00 85.00 93.29 1.4 74.50 82.00 78.00 86.02 79.00 87.49 81.00 88.96 82.00 92.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -9.01 175# -3.00 1.00 205# -7.21 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -7.21 3.00 165# -15.00 0.00 195# -1.80 3.00 225# -7.21 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 193.63 lb carcass, 0.69 inch back-fat, 7.05 square inch loin/2.35 inch loin depth, FFLI: 52.35% Price Range $87.50 - $100.16 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 19,953 Base Price Range $83.73 - $99.18, Weighted Average $90.41 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 879 Compared to Prior Day's closing weighted average (LM_HG207), 2.61 lower Price Range $63.88 - $71.50, Weighted Average $68.65 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 182 Illinois 24,347 Indiana 16,386 Kentucky 2,135 Michigan 3,620 North Carolina 883 New York 360 Ohio 13,383 Pennsylvania 1,620 South Carolina 352 Tennessee 1,745 Wisconsin 505 -------------------------------------------------------------------------------- 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 .