LM_HG200 Des Moines, Iowa Mon, Oct 02, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, September 29, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 8,642 7,756 Other Market Formula 50,571 54,036 Swine or Pork Market Formula 215,561 213,563 Other Purchase Arrangement 106,738 173,706 Negotiated Formula 2,368 2,099 0 Packer Sold (all purchase types) 22,234 25,166 0 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 5,497 50,068 208,851 101,613 500 366,529 Base Price 47.95 57.31 51.52 59.37 * 54.36 Packer Sold Head Count 21,231 Base Price 50.61 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,122 Compared to the prior day, on a plant by plant basis, weighted average base prices were 1.48 lower to 1.28 higher, mostly steady to 1.25 higher. Slow market activity with light to moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.53 higher Base Price Rng $42.00 - $49.50, Wtd Avg $47.74, 5 Day Rolling Avg $47.58 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 990 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 8,112 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- NATIONAL 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 45.00 51.00 46.50 52.50 47.50 52.50 48.50 54.00 49.00 54.23 0.5 42.00 49.97 45.00 51.00 47.50 51.94 48.00 52.92 49.00 54.23 0.6 42.00 49.50 45.00 50.02 46.50 51.00 47.50 51.98 48.50 53.29 0.7 42.00 48.10 42.00 49.08 45.00 50.07 47.50 51.05 48.00 52.36 0.8 41.00 47.16 42.00 48.15 45.00 49.13 46.50 50.11 48.00 51.42 0.9 41.00 46.23 42.00 47.21 42.00 48.19 45.00 49.18 47.50 50.49 1.0 39.00 45.29 41.00 46.28 42.00 47.26 45.00 48.24 46.50 49.55 1.1 38.00 44.12 41.00 45.11 42.00 46.09 42.00 47.07 46.50 48.38 1.2 38.00 42.72 39.00 43.70 41.00 44.68 42.00 45.67 44.50 46.98 1.4 34.50 36.64 37.50 38.00 37.50 39.00 39.58 41.00 40.50 42.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.68 175# -3.00 2.25 205# -3.74 4.50 155# -30.00 0.00 185# 0.00 4.00 215# -3.74 4.25 165# -15.00 0.00 195# -0.94 4.50 225# -3.74 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.80 lb carcass, 0.69 inch back-fat, 7.27 square inch loin/2.42 inch loin depth, FFLI: 52.39% Price Range $47.50 - $51.05 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 221,082 Base Price Range $45.81 - $68.44, Weighted Average $51.46 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,029 Compared to Prior Day's closing weighted average (LM_HG200), 0.91 higher Price Rng $34.00 - $40.00, Wtd Avg $38.89, 5 Day Rolling Avg $38.72 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,865 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 3,894 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 4 Canada 445 Georgia 344 Iowa 181,599 Illinois 25,006 Indiana 19,650 Kansas 6,733 Kentucky 1,379 Michigan 5,889 Minnesota 69,718 Missouri 4,241 Mississippi 340 Montana 197 North Carolina 17,738 North Dakota 190 Nebraska 32,907 Ohio 16,310 Oklahoma 4,102 Pennsylvania 3,124 South Carolina 340 South Dakota 13,618 Tennessee 258 Utah 1,072 Wisconsin 910 -------------------------------------------------------------------------------- *Price not reported due to confidentiality, for more information visit: www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf *Base Price is the price from which no discounts are subtracted and no premiums are added. Source: USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA 515-284-4460 email: desm.lpgmn@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/market-news/livestock-poultry-grain 0800C .