LM_HG200 Des Moines, Iowa Wed, Oct 04, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, October 3, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 15,383 15,910 11,976 Other Market Formula 67,328 29,603 23,748 Swine or Pork Market Formula 141,925 136,516 142,271 Other Purchase Arrangement 67,867 63,910 71,286 Negotiated Formula 1,091 2,133 0 Packer Sold (all purchase types) 14,906 18,808 17,840 -------------------------------------------------------------------------------- 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 9,031 67,156 132,802 65,022 170 274,181 Base Price 49.50 64.09 53.21 61.13 * 57.60 Packer Sold Head Count 14,494 Base Price 52.05 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,846 Compared to the prior day, on a plant by plant basis, weighted average base prices were steady to 1.43 higher, mostly 0.50 to 1.25 higher. Moderate market activity with light to moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 1.06 higher Base Price Rng $46.00 - $51.50, Wtd Avg $49.67, 5 Day Rolling Avg $48.05 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 340 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 11,186 *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 49.00 54.00 50.50 55.50 51.50 55.50 50.00 57.00 50.00 57.00 0.5 46.00 52.50 49.00 54.00 51.50 54.00 50.00 55.50 50.00 55.50 0.6 46.00 52.50 49.00 52.50 50.50 54.00 51.50 54.00 50.00 55.50 0.7 46.00 51.00 46.00 51.00 49.00 52.50 51.00 52.50 50.00 54.00 0.8 45.00 50.00 46.00 51.00 49.00 51.00 49.50 51.00 51.00 52.50 0.9 45.00 48.00 46.00 50.00 46.00 50.00 49.00 51.00 49.50 51.50 1.0 43.00 48.00 45.00 48.00 46.00 48.00 48.50 50.00 49.50 51.00 1.1 42.00 46.00 44.50 46.00 46.00 48.00 46.00 48.50 48.50 50.50 1.2 40.00 44.00 42.50 44.24 44.50 47.00 44.50 48.00 46.50 49.00 1.4 35.00 38.50 38.09 42.00 39.08 43.00 40.08 47.00 41.40 48.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.74 175# -4.00 2.25 205# -3.79 4.50 155# -23.75 0.00 185# -1.00 4.00 215# -3.79 4.25 165# -11.00 0.00 195# -0.95 4.50 225# -3.79 0.50 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.70 lb carcass, 0.68 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 52.51% Price Range $51.00 - $52.50 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 141,143 Base Price Range $46.95 - $68.49, Weighted Average $53.13 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 5,982 Compared to Prior Day's closing weighted average (LM_HG200), 0.95 higher Price Rng $32.82 - $41.00, Wtd Avg $38.17, 5 Day Rolling Avg $38.01 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 913 *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): 6,895 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 170 Arkansas 6 California 351 Canada 105 Iowa 105,566 Illinois 21,280 Indiana 23,323 Kansas 5,024 Kentucky 2,207 Maryland 506 Michigan 11,150 Minnesota 57,148 Missouri 2,917 Mississippi 170 Montana 1,031 North Carolina 15,261 North Dakota 227 Nebraska 14,100 New York 518 Ohio 32,293 Oklahoma 2,687 Pennsylvania 4,509 South Carolina 340 South Dakota 6,823 Utah 393 Wisconsin 696 -------------------------------------------------------------------------------- *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 .