LM_HG212 Des Moines, Iowa Mon, May 20, 2013 USDA Market News WESTERN 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 4,365 2,930 2,492 5,738 Other Market Formula 19,381 17,946 5,345 23,228 Swine or Pork Market Formula 97,108 58,829 53,392 41,484 Other Purchase Arrangement 74,861 58,006 59,316 31,937 Packer Sold (all purchase types) 5,612 462 1,393 1,520 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,273 Compared to Prior Day's closing weighted average (LM_HG208), 0.58 higher Base Price Range $84.46 - $92.00, Weighted Average $89.71 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 90.43 93.50 91.93 94.50 92.93 95.50 93.93 95.50 94.00 95.50 0.5 87.43 93.00 90.43 93.50 91.50 95.50 93.00 94.00 93.00 95.00 0.6 87.43 92.50 90.00 93.00 91.50 94.50 91.50 95.50 93.00 94.50 0.7 87.43 92.00 87.43 92.50 90.00 93.50 90.00 95.50 91.50 94.00 0.8 86.43 91.50 87.43 92.00 88.50 93.00 88.50 94.50 90.00 95.50 0.9 85.50 91.00 87.43 91.50 87.43 92.50 88.50 93.50 88.50 95.50 1.0 84.43 89.00 85.50 91.00 85.50 92.00 87.50 93.00 88.50 94.50 1.1 83.43 87.00 83.50 89.00 85.50 91.50 85.50 92.50 87.50 93.50 1.2 81.50 84.00 81.50 87.00 83.50 91.00 83.50 92.00 85.50 93.00 1.4 75.50 80.50 78.50 84.00 78.50 87.00 81.50 91.00 81.50 92.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00-14.62 175# -4.00 2.25 205# 0.00 4.50 155# -30.00 -9.00 185# -1.00 4.00 215# 0.00 4.25 165# -15.00 -3.37 195# 0.00 4.50 225# -1.33 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.35 lb carcass, 0.71 inch back-fat, 7.60 square inch loin/2.53 inch loin depth, FFLI: 52.29% Price Range $90.00 - $95.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 54,791 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,112 Compared to Prior Day's closing weighted average (LM_HG208), 4.04 higher Price Range $62.50 - $71.00, Weighted Average $70.38 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 98,561 Kansas 546 Minnesota 23,579 Missouri 957 Nebraska 10,408 South Dakota 763 -------------------------------------------------------------------------------- *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 .