LM_HG200 ***RESENDING FOR CORRECTIONS ON LIVE NEGOTIATED HOGS*** Des Moines, Iowa Thu, Oct 05, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 4, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 21,384 30,628 14,639 Other Market Formula 47,996 35,804 40,726 Swine or Pork Market Formula 137,788 153,311 148,263 Other Purchase Arrangement 68,196 79,455 68,645 Negotiated Formula 1,150 2,074 0 Packer Sold (all purchase types) 13,192 13,129 18,706 -------------------------------------------------------------------------------- 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 16,119 47,317 127,984 64,634 52 256,106 Base Price 51.19 61.77 53.83 61.29 * 57.00 Packer Sold Head Count 12,505 Base Price 53.11 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 16,119 Compared to the prior day, on a plant by plant basis, weighted average base prices were 0.27 lower to 3.00 higher, market trend not well establised. Active market activity with moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 1.52 higher Base Price Rng $47.00 - $52.75, Wtd Avg $51.19, 5 Day Rolling Avg $49.43 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 384 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 16,503 *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 50.00 55.50 51.50 57.00 52.50 57.00 53.00 58.50 53.00 58.50 0.5 47.00 54.00 50.00 55.50 52.50 55.50 53.00 57.00 53.00 57.00 0.6 47.00 54.00 50.00 54.00 51.50 55.50 52.50 55.50 53.00 57.00 0.7 47.00 52.50 47.00 52.50 50.00 54.00 51.50 54.50 53.00 55.50 0.8 46.00 51.50 47.00 52.50 50.00 52.50 50.00 53.50 51.50 54.50 0.9 46.00 50.00 47.00 51.50 47.00 51.50 50.00 52.50 50.00 54.50 1.0 44.00 49.50 46.00 50.00 47.00 51.00 49.00 52.00 50.00 53.50 1.1 43.00 47.50 45.00 48.00 47.00 50.50 47.00 51.50 49.00 53.00 1.2 43.00 45.50 43.00 46.00 45.00 50.00 45.00 51.00 47.00 52.00 1.4 37.00 41.00 38.62 44.50 39.63 46.00 40.64 50.00 41.99 51.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.80 175# -4.00 2.25 205# -3.84 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -3.84 4.25 165# -15.00 0.00 195# -0.96 4.50 225# -3.84 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.20 lb carcass, 0.68 inch back-fat, 7.14 square inch loin/2.38 inch loin depth, FFLI: 52.48% Price Range $51.50 - $54.50 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 136,059 Base Price Range $46.95 - $68.35, Weighted Average $53.75 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 4,986 Compared to Prior Day's closing weighted average (LM_HG200), 1.39 higher Price Rng $37.35 - $40.45, Wtd Avg $39.56, 5 Day Rolling Avg $38.42 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,095 *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): 6,081 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 2 Georgia 326 Iowa 116,647 Illinois 29,097 Indiana 20,409 Kansas 2,847 Kentucky 2,144 Michigan 8,522 Minnesota 41,241 Missouri 2,506 Mississippi 340 Montana 602 North Carolina 16,687 North Dakota 185 Nebraska 15,404 New York 171 Ohio 15,665 Oklahoma 3,446 Pennsylvania 3,466 South Carolina 520 South Dakota 6,425 Utah 754 Wisconsin 2,592 -------------------------------------------------------------------------------- *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 .