LM_HG200 Des Moines, Iowa Fri, Oct 13, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 12, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 8,449 12,111 6,741 Other Market Formula 50,352 112,298 30,636 Swine or Pork Market Formula 150,581 137,158 152,758 Other Purchase Arrangement 66,725 63,316 56,522 Negotiated Formula 1,750 2,116 2,911 Packer Sold (all purchase types) 12,533 14,971 17,030 -------------------------------------------------------------------------------- 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 6,573 49,493 141,615 64,675 362 262,718 Base Price 56.51 62.73 58.41 63.42 * 60.33 Packer Sold Head Count 12,026 Base Price 57.98 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,573 Compared to the prior day, on a plant by plant basis, weighted average base prices were 2.11 lower to 3.88 higher, mostly 0.50 to 3.75 higher. Slow market activity with light to moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.68 higher Base Price Rng $52.00 - $58.50, Wtd Avg $56.51, 5 Day Rolling Avg $54.93 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,172 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 7,745 *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 58.00 63.00 58.00 63.52 0.5 52.00 58.54 55.00 60.00 57.50 60.84 58.00 61.99 58.00 63.52 0.6 52.00 58.50 55.00 58.59 56.50 60.00 57.50 60.89 58.00 62.43 0.7 52.00 57.00 52.00 57.50 55.00 58.65 57.00 59.80 58.00 61.33 0.8 51.00 56.00 52.00 57.00 55.00 57.55 55.50 58.70 57.00 60.24 0.9 51.00 55.00 52.00 56.00 52.00 56.50 55.00 57.61 55.50 59.50 1.0 49.00 54.00 51.00 55.00 52.00 56.00 54.50 57.00 55.50 58.50 1.1 48.00 52.00 50.50 53.00 52.00 55.50 52.00 56.50 54.50 57.50 1.2 48.00 50.04 48.50 51.19 50.50 55.00 50.50 56.00 52.50 57.00 1.4 42.50 44.50 44.07 48.00 45.22 51.00 46.37 55.00 47.90 56.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.48 175# -4.00 2.25 205# -4.38 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.38 4.25 165# -15.00 0.00 195# -1.10 4.50 225# -4.38 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.10 lb carcass, 0.67 inch back-fat, 7.33 square inch loin/2.44 inch loin depth, FFLI: 52.74% Price Range $57.00 - $59.80 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 149,874 Base Price Range $51.24 - $69.31, Weighted Average $58.36 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,530 Compared to Prior Day's closing weighted average (LM_HG200), 0.14 lower Price Rng $40.00 - $45.00, Wtd Avg $42.57, 5 Day Rolling Avg $42.90 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,388 *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): 2,918 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 210 Colorado 160 Iowa 100,609 Illinois 23,778 Indiana 19,227 Kansas 4,091 Kentucky 2,090 Maryland 163 Michigan 12,154 Minnesota 45,784 Missouri 3,145 North Carolina 15,721 North Dakota 385 Nebraska 20,808 New York 342 Ohio 25,793 Oklahoma 3,628 Pennsylvania 4,180 South Carolina 340 South Dakota 6,397 Wisconsin 1,385 -------------------------------------------------------------------------------- *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 .