LM_HG200 Des Moines, Iowa Mon, Oct 09, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, October 6, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 5,344 8,642 9,922 Other Market Formula 54,752 50,571 47,964 Swine or Pork Market Formula 225,721 215,561 230,561 Other Purchase Arrangement 106,449 106,738 97,682 Negotiated Formula 2,742 2,368 0 Packer Sold (all purchase types) 24,032 22,234 23,147 -------------------------------------------------------------------------------- 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 3,745 54,242 216,585 103,390 800 378,762 Base Price 52.23 59.37 55.49 60.30 * 57.21 Packer Sold Head Count 23,058 Base Price 54.81 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,745 Compared to the prior day, on a plant by plant basis, weighted average base prices were 0.23 lower to 1.35 higher, mostly 1.00 to 1.50 higher. Slow market activity with moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.09 higher Base Price Rng $47.00 - $54.50, Wtd Avg $52.23, 5 Day Rolling Avg $50.67 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,783 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 6,528 *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 55.00 51.50 56.50 52.50 56.50 53.50 58.00 54.00 58.77 0.5 47.00 54.16 50.00 55.22 52.50 56.29 53.00 57.35 54.00 58.77 0.6 47.00 53.50 50.00 54.21 51.50 55.27 52.50 56.34 53.50 57.76 0.7 47.00 52.13 47.00 53.19 50.00 54.26 52.50 55.50 53.00 56.74 0.8 46.00 51.12 47.00 52.18 50.00 53.25 51.50 54.50 53.00 56.00 0.9 46.00 50.10 47.00 51.17 47.00 52.23 50.00 53.30 52.00 55.50 1.0 44.00 49.09 46.00 50.15 47.00 51.22 50.00 53.00 51.50 54.50 1.1 43.00 47.82 46.00 49.00 47.00 50.00 47.00 51.01 51.00 54.50 1.2 43.00 46.30 44.00 47.36 46.00 49.00 47.00 50.00 49.00 53.00 1.4 39.00 42.50 40.77 46.00 41.84 47.00 42.90 49.00 44.32 50.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.07 175# -3.00 2.25 205# -4.06 4.50 155# -30.00 0.00 185# 0.00 4.00 215# -4.06 4.25 165# -15.00 0.00 195# -1.01 4.50 225# -4.06 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.90 lb carcass, 0.67 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 52.66% Price Range $52.50 - $55.50 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 231,290 Base Price Range $47.03 - $68.42, Weighted Average $55.41 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,012 Compared to Prior Day's closing weighted average (LM_HG200), 0.21 higher Price Rng $34.00 - $44.00, Wtd Avg $40.45, 5 Day Rolling Avg $38.72 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,942 *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): 2,954 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 6 Georgia 162 Iowa 176,687 Illinois 27,499 Indiana 24,256 Kansas 2,144 Kentucky 2,965 Michigan 7,952 Minnesota 71,274 Missouri 3,764 Mississippi 618 Montana 400 North Carolina 23,748 Nebraska 28,817 Ohio 23,954 Oklahoma 3,004 Pennsylvania 3,402 South Carolina 170 South Dakota 15,738 Tennessee 30 Utah 963 Wisconsin 1,487 -------------------------------------------------------------------------------- *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 .