LM_HG200 Des Moines, Iowa Tue, Oct 10, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, October 9, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 10,741 13,384 10,512 Other Market Formula 26,692 61,867 28,080 Swine or Pork Market Formula 144,374 134,593 149,597 Other Purchase Arrangement 169,287 86,612 132,500 Negotiated Formula 1,198 3,001 0 Packer Sold (all purchase types) 11,801 13,789 20,195 -------------------------------------------------------------------------------- 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 8,738 26,356 134,396 165,963 166 335,619 Base Price 53.45 58.51 56.16 65.26 * 60.75 Packer Sold Head Count 11,683 Base Price 55.48 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,138 Compared to the prior day, on a plant by plant basis, weighted average base prices were 3.00 lower to 1.64 higher, mostly steady to 1.50 higher. Slow to moderate market activity with light to moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 1.20 higher Base Price Rng $47.00 - $55.00, Wtd Avg $53.43, 5 Day Rolling Avg $51.56 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 166 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 9,304 *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 58.88 0.5 47.00 54.25 50.00 55.32 52.50 56.39 53.00 57.45 54.00 58.88 0.6 47.00 53.50 50.00 54.31 51.50 55.37 52.50 56.44 53.50 57.86 0.7 47.00 52.22 47.00 53.29 50.00 54.36 52.50 55.50 53.00 56.85 0.8 46.00 51.21 47.00 52.27 50.00 53.34 51.50 54.50 53.00 56.00 0.9 46.00 50.19 47.00 51.26 47.00 52.32 50.00 53.39 52.00 55.50 1.0 44.00 49.17 46.00 50.24 47.00 51.31 50.00 53.00 51.50 54.50 1.1 43.00 47.90 46.00 49.00 47.00 50.04 47.00 51.10 51.00 54.50 1.2 43.00 46.38 44.00 47.45 46.00 49.00 47.00 50.00 49.00 53.00 1.4 39.00 42.50 40.84 46.00 41.91 47.00 42.98 49.00 44.40 50.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.08 175# -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# -1.02 4.50 225# -4.06 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.40 lb carcass, 0.68 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 52.60% Price Range $52.50 - $55.50 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 141,633 Base Price Range $47.79 - $68.92, Weighted Average $56.09 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,431 Compared to Prior Day's closing weighted average (LM_HG200), 1.97 higher Price Rng $38.50 - $44.50, Wtd Avg $42.42, 5 Day Rolling Avg $39.41 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,032 *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): 2,463 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 7 Canada 2 Georgia 330 Iowa 194,846 Illinois 24,613 Indiana 22,051 Kansas 3,228 Kentucky 1,446 Maryland 347 Michigan 5,826 Minnesota 47,273 Missouri 4,470 Mississippi 492 Montana 634 North Carolina 15,460 North Dakota 576 Nebraska 14,382 Ohio 13,499 Oklahoma 2,848 Pennsylvania 3,937 South Carolina 350 South Dakota 7,519 Wisconsin 522 -------------------------------------------------------------------------------- *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 .