LM_HG200 Des Moines, Iowa Thu, Oct 12, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 11, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 15,650 21,384 16,643 Other Market Formula 51,126 47,996 21,745 Swine or Pork Market Formula 151,824 137,788 149,613 Other Purchase Arrangement 72,043 68,196 56,893 Negotiated Formula 2,085 1,150 2,796 Packer Sold (all purchase types) 12,875 13,192 19,620 -------------------------------------------------------------------------------- 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 13,460 50,465 143,062 68,308 0 275,295 Base Price 55.83 68.83 57.63 63.50 * 61.05 Packer Sold Head Count 11,606 Base Price 56.71 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 13,460 Compared to the prior day, on a plant by plant basis, weighted average base prices were 0.08 lower to 4.47 higher, mostly 0.25 to 1.75 higher. Moderate to active market activity with moderate to good demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.83 higher Base Price Rng $52.00 - $57.25, Wtd Avg $55.83, 5 Day Rolling Avg $54.15 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 486 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 13,946 *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 55.00 60.00 56.50 61.50 57.50 61.50 58.25 63.00 58.25 63.00 0.5 52.00 58.50 55.00 60.00 57.50 60.10 58.00 61.50 58.25 62.75 0.6 52.00 58.50 55.00 58.50 56.50 60.00 57.50 60.15 58.25 61.67 0.7 52.00 57.00 52.00 57.00 55.00 58.50 56.50 59.75 58.00 60.58 0.8 51.00 56.00 52.00 57.00 55.00 57.25 55.00 58.75 56.50 59.75 0.9 51.00 55.25 52.00 56.00 52.00 56.75 55.00 57.75 55.00 59.75 1.0 49.00 54.00 51.00 55.25 52.00 56.25 54.00 57.25 55.00 58.75 1.1 48.00 52.00 50.00 53.25 52.00 55.75 52.00 56.75 54.00 57.75 1.2 48.00 50.00 48.00 51.25 50.00 55.25 50.00 56.25 52.00 57.25 1.4 42.00 45.50 43.53 49.00 44.67 51.25 45.80 55.25 47.32 56.25 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.41 175# -4.00 2.25 205# -4.33 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.33 4.25 165# -15.00 0.00 195# -1.08 4.50 225# -4.33 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.00 lb carcass, 0.67 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 52.75% Price Range $56.50 - $59.75 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 151,021 Base Price Range $50.66 - $69.22, Weighted Average $57.55 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,107 Compared to Prior Day's closing weighted average (LM_HG200), 1.01 lower Price Rng $37.88 - $45.50, Wtd Avg $42.71, 5 Day Rolling Avg $42.56 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,996 *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): 4,103 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 4 Canada 172 Georgia 335 Iowa 105,241 Illinois 44,572 Indiana 20,251 Kansas 4,553 Kentucky 2,120 Michigan 6,004 Minnesota 47,679 Missouri 2,784 Mississippi 676 Montana 681 North Carolina 18,984 Nebraska 17,116 New York 174 Ohio 17,156 Oklahoma 3,593 Pennsylvania 4,392 South Carolina 520 South Dakota 7,819 Texas 484 Utah 482 Wisconsin 135 -------------------------------------------------------------------------------- *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 .