DISCLAIMER: This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by our firm. The risk of loss when trading futures and options is substantial. Each investor must consider whether this is a suitable investment. Past performance isnot indicative of future results.

.	Sept 1, 2010	Sept 1, 2011	2011 as% of 2010
INVENTORY NUMBER All Hogs and Pigs Kept for Breeding Market	65,971 5,770 60,201	66,599 5,806 60,793	101 101 101
MARKET HOGS and PIGS by WEIGHT GROUP Under 50 lbs 50 to 119 lbs 120 to 179 lbs 180 lbs and over	19,613 17,395 12,674 10,520	19,696 17,459 12,762 10,876	100 100 101 103
SOWS FARROWING Dec - Feb Mar - May Dec - May Jun - Aug Sep - Nov Jun - Nov	2,872 2,929 5,801 2,944 2,881 5,824	2,844 2,877 5,721 2,901 2,874 5,775	99 98 99 99 100 99
PIG CROP Dec - Feb Mar - May Dec - May Jun - Aug Sep - Nov Jun - Nov	27,597 28,730 56,327 28,871 28,489 57,359	27,869 28,851 56,719 29,084	101 100 101 101
PIGS per LITTER Dec - Feb Mar - May Dec - May Jun - Aug Sep - Nov Jun - Nov	9.61 9.81 9.71 9.81 9.89 9.85	9.80 10.03 9.91 10.03	102 102 102 102