North American Daily/Weekly Hog Report:Prices

[mikey]

LM_HG206
Des Moines, Iowa                Fri, Jul 30, 2010               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, July 30, 2010 (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                              5,009      3,013      4,294      3,771
  Other Market Formula                   23,524     17,695     18,793      6,160
  Swine or Pork Market Formula           60,222     39,693     39,680     52,625
  Other Purchase Arrangement             48,149     37,510     24,532     18,810
Packer Sold (all purchase types)          9,943      2,624      3,547      3,774
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,143

Compared to Prior Day's closing weighted average (LM_HG204), 1.01 lower

Base Price Range $75.00 - $83.78, Weighted Average $81.69

Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
            IOWA/MINNESOTA 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         77.50 86.29   78.50 86.29   79.50 86.29   81.00 87.25   81.00 87.25
0.5         75.00 86.29   77.50 86.29   79.50 86.29   80.50 86.29   81.00 86.29
0.6         75.00 87.13   77.50 87.13   78.50 87.13   79.50 87.13   81.00 87.13
0.7         75.00 87.13   75.00 87.13   77.50 87.13   79.50 87.13   80.50 87.13
0.8         73.00 86.94   75.00 86.94   77.50 86.94   78.50 86.94   80.50 86.94
0.9         73.00 86.29   75.00 86.29   75.00 86.29   77.50 86.29   79.50 86.29
1.0         72.00 84.62   73.00 84.62   75.00 84.62   77.50 84.62   78.50 84.62
1.1         71.00 84.62   73.00 84.62   75.00 84.62   75.00 84.62   78.09 84.62
1.2         71.00 82.94   72.00 82.94   72.23 82.94   75.00 82.94   77.00 82.94
1.4         63.73 80.43   63.73 80.43   63.73 80.43   63.73 80.43   66.82 80.43
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.20 -9.52          175#   -3.00  0.00          205#    0.00  0.00
    155#   -32.20 -6.76          185#    0.00  0.00          215#   -0.67  0.00
    165#   -12.08  0.00          195#    0.00  0.00          225#   -7.54  0.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 204.32 lb carcass, 0.74 inch back-fat,
7.30 square inch loin/2.43 inch loin depth, FFLI: 51.66%

Price Range $79.50 - $87.13
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 36,842

Base Price Range $77.93 - $85.07, Weighted Average $80.42
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 1,558

Compared to Prior Day's closing weighted average (LM_HG204), 0.40 higher

Price Range $60.80 - $66.00, Weighted Average $63.86
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 78,114               Minnesota             18,844
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA

[mikey]

LM_HG206
Des Moines, Iowa                Fri, Aug 13, 2010               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, August 13, 2010 (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                              7,853      5,521      1,459     11,192
  Other Market Formula                   24,613     23,618      5,025      6,396
  Swine or Pork Market Formula           67,303     41,860     34,325     58,181
  Other Purchase Arrangement             55,474     43,694     41,992     31,350
Packer Sold (all purchase types)          6,173      2,141      3,629      2,666
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,265

Compared to Prior Day's closing weighted average (LM_HG204), 2.80 lower

Base Price Range $72.50 - $83.00, Weighted Average $77.97

Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
            IOWA/MINNESOTA 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         75.00 84.00   76.00 85.00   77.00 86.50   78.50 88.00   78.50 89.00
0.5         72.50 83.73   75.00 84.00   77.00 85.75   78.00 87.25   78.50 88.50
0.6         72.50 86.13   75.00 86.13   76.00 86.13   77.00 86.50   78.50 88.00
0.7         72.50 86.13   72.50 86.13   75.00 86.13   77.00 86.13   78.00 87.25
0.8         70.50 86.13   72.50 86.13   75.00 86.13   76.00 86.13   78.00 86.50
0.9         70.50 82.14   72.50 82.14   72.50 82.14   75.00 84.00   77.00 85.75
1.0         69.50 82.14   70.50 82.14   72.50 82.14   75.00 83.00   76.00 85.00
1.1         68.50 77.36   70.50 78.00   72.50 80.00   72.50 82.00   75.90 84.00
1.2         68.50 77.36   69.50 77.36   70.20 79.00   72.50 81.00   75.00 83.00
1.4         61.70 77.00   61.70 77.00   61.70 77.00   61.70 79.00   64.95 81.00
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -31.90 -9.52          175#   -3.85  0.00          205#    0.00  0.00
    155#   -31.90 -6.16          185#   -1.50  0.00          215#   -0.77  0.00
    165#   -11.96 -1.35          195#    0.00  0.00          225#   -1.54  0.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.00 lb carcass, 0.75 inch back-fat,
6.84 square inch loin/2.28 inch loin depth, FFLI: 51.23%

Price Range $76.00 - $86.13
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 39,198

Base Price Range $75.71 - $84.36, Weighted Average $77.38
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 1,841

Compared to Prior Day's closing weighted average (LM_HG204), 0.34 higher

Price Range $57.50 - $63.00, Weighted Average $61.98
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 95,632               Minnesota             20,678
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           
1500C

[mikey]

LM_HG206
Des Moines, Iowa                Fri, Aug 27, 2010               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, August 27, 2010 (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                              8,672      5,519     15,470      8,257
  Other Market Formula                   14,628      6,075     17,258     10,154
  Swine or Pork Market Formula           64,373     41,117     45,248     68,382
  Other Purchase Arrangement             80,584     67,244     45,646     30,592
Packer Sold (all purchase types)         13,985      2,647      1,680      4,347
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,540

Compared to Prior Day's closing weighted average (LM_HG204), 2.10 lower

Base Price Range $71.50 - $80.75, Weighted Average $79.01

Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
            IOWA/MINNESOTA 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         74.00 84.00   75.00 84.80   76.00 86.40   77.50 88.00   77.50 88.00
0.5         71.50 83.73   74.00 84.00   76.00 85.60   77.00 87.20   77.50 88.80
0.6         71.50 87.21   74.00 87.21   75.00 87.21   76.00 87.21   77.50 88.00
0.7         71.50 87.21   71.50 87.21   74.00 87.21   76.00 87.21   77.00 87.21
0.8         69.50 87.21   71.50 87.21   74.00 87.21   75.00 87.21   77.00 87.21
0.9         69.50 83.17   71.50 83.17   71.50 83.17   74.00 84.00   76.00 85.60
1.0         68.50 83.17   69.50 83.17   71.50 83.17   74.00 83.20   75.00 84.80
1.1         67.50 78.33   69.50 78.40   71.50 80.00   71.50 82.40   75.00 84.00
1.2         67.50 78.33   68.50 78.33   69.50 79.20   71.50 81.60   74.00 83.20
1.4         61.70 75.20   61.70 76.00   61.70 77.60   61.70 79.20   65.57 81.60
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.30 -9.52          175#   -4.00  0.00          205#    0.00  0.00
    155#   -32.30 -6.24          185#   -0.80  0.00          215#   -0.80  0.00
    165#   -12.11 -1.35          195#    0.00  0.00          225#   -1.60  0.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 202.84 lb carcass, 0.72 inch back-fat,
7.27 square inch loin/2.42 inch loin depth, FFLI: 51.96%

Price Range $76.00 - $87.21
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 37,397

Base Price Range $77.26 - $86.56, Weighted Average $79.15
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 735

Compared to Prior Day's closing weighted average (LM_HG204), 0.23 lower

Price Range $56.25 - $64.25, Weighted Average $62.07
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 97,166               Minnesota             20,333
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           

[mikey]

LM_HG206
Des Moines, Iowa                Fri, Sep 10, 2010               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, September 10, 2010 (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                              7,163      4,065      8,046      6,967
  Other Market Formula                   20,611     16,202     18,863      9,785
  Swine or Pork Market Formula           77,656     55,838     46,340     76,508
  Other Purchase Arrangement             65,016     54,777     21,821     48,028
Packer Sold (all purchase types)         17,274      3,080      5,160      4,060
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 8,555

Compared to Prior Day's closing weighted average (LM_HG204), 2.42 lower

Base Price Range $72.00 - $82.50, Weighted Average $80.84

Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
            IOWA/MINNESOTA 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         74.50 85.00   75.50 86.00   76.50 86.40   78.00 88.00   78.00 88.00
0.5         72.00 86.50   74.50 86.50   76.50 85.60   77.50 87.20   78.00 88.80
0.6         72.00 89.10   74.50 89.10   75.50 89.10   76.50 89.10   78.00 89.10
0.7         72.00 89.10   72.00 89.10   74.50 89.10   76.50 89.10   77.50 89.10
0.8         70.00 89.10   72.00 89.10   74.50 89.10   75.50 89.10   77.50 89.10
0.9         70.00 84.98   72.00 84.98   72.00 84.98   74.50 84.98   76.50 85.60
1.0         69.00 84.98   70.00 84.98   72.00 84.98   74.50 84.98   75.50 84.98
1.1         68.00 80.03   70.00 80.03   72.00 80.03   72.00 82.50   75.50 84.00
1.2         68.00 80.03   69.00 80.03   70.00 80.03   72.00 81.60   74.50 83.20
1.4         63.73 75.20   63.73 76.00   63.73 77.60   63.73 79.20   66.82 81.60
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -33.00 -9.52          175#   -4.00  0.00          205#    0.00  0.00
    155#   -33.00 -6.37          185#   -0.80  0.00          215#   -0.80  0.00
    165#   -12.38 -1.35          195#    0.00  0.00          225#   -1.60  0.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 200.61 lb carcass, 0.74 inch back-fat,
6.96 square inch loin/2.32 inch loin depth, FFLI: 51.46%

Price Range $76.50 - $89.10
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 52,432

Base Price Range $75.46 - $85.20, Weighted Average $77.80
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 1,548

Compared to Prior Day's closing weighted average (LM_HG204), 2.07 lower

Price Range $58.00 - $65.31, Weighted Average $62.27
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                104,027               Minnesota             34,068
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA

[mikey]

LM_HG206
Des Moines, Iowa                Fri, Oct 08, 2010               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, October 8, 2010 (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                              7,809      5,539      4,145      4,886
  Other Market Formula                   11,743     10,935      5,090      8,270
  Swine or Pork Market Formula           68,412     53,986     42,275     76,066
  Other Purchase Arrangement             67,118     58,785     21,500     39,895
Packer Sold (all purchase types)         14,456      4,911      2,310      3,967
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 8,292

Compared to Prior Day's closing weighted average (LM_HG204), 1.01 lower

Base Price Range $64.00 - $76.00, Weighted Average $71.41

Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
            IOWA/MINNESOTA 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         66.50 77.00   67.50 78.00   68.50 79.50   70.00 81.00   70.00 82.00
0.5         64.00 76.00   66.50 77.00   68.50 78.75   69.50 80.25   70.00 81.50
0.6         64.00 77.76   66.50 77.76   67.50 78.00   68.50 79.50   70.00 81.00
0.7         64.00 77.76   64.00 77.76   66.50 77.76   68.50 78.75   69.50 80.25
0.8         62.00 77.76   64.00 77.76   66.50 77.76   67.50 78.00   69.50 79.50
0.9         62.00 74.16   64.00 74.16   64.00 75.00   66.50 77.00   68.50 78.75
1.0         61.00 74.16   62.00 74.16   64.00 74.16   66.50 76.00   67.50 78.00
1.1         60.00 70.00   62.00 71.00   64.00 73.00   64.00 75.00   67.50 77.00
1.2         60.00 70.00   61.00 70.00   62.00 72.00   64.00 74.00   66.50 76.00
1.4         53.59 70.00   53.59 70.00   53.59 70.00   53.59 72.00   58.10 74.00
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -28.80 -9.52          175#   -3.60  0.00          205#    0.00  0.00
    155#   -28.80 -5.76          185#   -1.50  0.00          215#   -0.72  0.00
    165#   -10.80 -1.35          195#    0.00  0.00          225#   -1.50  0.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 205.60 lb carcass, 0.74 inch back-fat,
7.21 square inch loin/2.40 inch loin depth, FFLI: 51.60%

Price Range $68.50 - $78.75
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 49,395

Base Price Range $71.05 - $79.82, Weighted Average $72.52
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 493

Compared to Prior Day's closing weighted average (LM_HG204), 2.00 lower

Price Range $50.95 - $56.00, Weighted Average $54.39
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 99,653               Minnesota             28,783
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Source:    USDA Market News Service, Des Moines, IA
           
1500C