LM_HG200 Des Moines, Iowa Fri, Oct 06, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 5, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 12,111 7,019 10,865 Other Market Formula 112,298 57,344 37,333 Swine or Pork Market Formula 137,158 143,282 138,106 Other Purchase Arrangement 63,316 58,932 70,350 Negotiated Formula 2,116 1,885 0 Packer Sold (all purchase types) 14,971 11,633 14,529 -------------------------------------------------------------------------------- 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 10,332 111,623 128,885 60,757 160 311,757 Base Price 52.13 65.84 54.78 61.33 * 59.90 Packer Sold Head Count 14,971 Base Price 53.73 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 12,032 Compared to the prior day, on a plant by plant basis, weighted average base prices were 2.40 lower to 3.00 higher, mostly 1.00 to 1.50 higher. Moderate to active market activity with moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.95 higher Base Price Rng $46.00 - $54.00, Wtd Avg $52.14, 5 Day Rolling Avg $50.20 --------------------------------------------------------------------------------- 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): 13,022 *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 55.25 50.50 56.75 51.50 56.75 52.50 58.25 53.00 58.25 0.5 46.00 53.75 49.00 55.25 51.50 55.50 52.00 56.75 53.00 57.22 0.6 46.00 53.75 49.00 53.75 50.50 55.25 51.50 55.50 52.50 56.75 0.7 46.00 52.25 46.00 52.25 49.00 53.75 51.00 55.50 52.00 56.00 0.8 45.00 51.25 46.00 52.25 49.00 53.00 49.50 54.50 51.00 56.00 0.9 45.00 50.50 46.00 51.25 46.00 52.00 49.00 53.00 49.50 55.50 1.0 43.00 49.25 45.00 50.50 46.00 51.50 48.50 53.00 49.50 54.50 1.1 42.00 47.25 44.50 49.00 46.00 51.00 46.00 52.00 48.50 54.50 1.2 42.00 46.00 42.50 47.00 44.50 50.50 44.50 51.50 46.50 53.00 1.4 36.50 42.50 39.50 46.00 39.50 47.00 41.77 50.50 42.50 51.50 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.94 175# -4.00 2.25 205# -3.95 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -3.95 4.25 165# -15.00 0.00 195# -0.99 4.50 225# -3.95 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.30 lb carcass, 0.68 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.50% Price Range $51.00 - $55.50 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 137,804 Base Price Range $47.03 - $68.38, Weighted Average $54.69 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,598 Compared to Prior Day's closing weighted average (LM_HG200), 0.68 higher Price Rng $34.00 - $43.00, Wtd Avg $40.24, 5 Day Rolling Avg $38.64 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,849 *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): 3,447 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 30 Iowa 123,856 Illinois 23,597 Indiana 26,108 Kansas 3,980 Kentucky 1,619 Maryland 99 Michigan 10,335 Minnesota 44,206 Missouri 1,638 Mississippi 508 North Carolina 15,071 North Dakota 375 Nebraska 19,090 New York 174 Ohio 26,531 Oklahoma 3,441 Pennsylvania 4,791 South Carolina 340 South Dakota 5,396 Tennessee 30,320 Wisconsin 624 -------------------------------------------------------------------------------- *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 .