APPENDIX II CONTRACT SPECIFICATIONS


 Live hog contract specifications call for delivery of 30,000 pounds

 of USDA Grades No. 1, No. 2, No. 3, and No. 4 (barrows and gilts)

 averaging in the weight range of 200-230 pounds. At least 90 hogs in

 each delivery unit must fall within the 200 to 230 pound weight range.

 Hogs under 190 pounds or over 240 pounds are not deliverable.

 Delivery units containing hogs weighing under 200 pounds but not

 less than 190 pounds and weighing over 230 pounds but not more than 240

 pounds, are deliverable with an allowance of $0.50 a hundredweight based

 on the weight of such hogs delivered [1].

 Delivery units containing more than 90 head of USDA Grade No. 3 hogs

 are deliverable at an allowance of $0.50 per hundredweight for the entire

 delivery unit. Delivery units containing up to eight head for USDA Grade

 No. 4 hogs shall be deliverable at an allowance of $2.00 per hundredweight

 for each such hog. The weight of each shall be deemed to be the average

 weight in the delivery unit. Units containing more than eight head of

 Grade No. 4 shall not be deliverable.

 Variations in total weight of a delivery unit not in excess of 30,000

pounds shall be allowed with appropriate adjustment to reflect the delivered

weight, but with no penalty.

 The nearest delivery point in Florida is East St. Louis, Illinois

which has a discount of $0.50 percent to Chicago.


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