LM_HG200 Des Moines, Iowa Mon, Oct 16, 2017 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, October 13, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,812 5,344 5,618 Other Market Formula (Futures/Options) 65,606 54,752 74,996 Swine or Pork Market Formula 207,767 225,721 248,848 Other Purchase Arrangement 108,547 106,449 96,418 Negotiated Formula 2,667 2,742 3,269 Packer Sold (all purchase types) 20,923 24,032 28,679 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 5,915 65,075 199,422 102,968 510 373,890 Base Price 57.59 63.02 59.11 63.17 * 60.80 Packer Sold Head Count 19,651 Base Price 59.10 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,915 Compared to the prior day, on a plant by plant basis, weighted average base prices were 0.13 lower to 3.83 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), 1.08 higher Base Price Rng $52.50 - $59.50, Wtd Avg $57.59, 5 Day Rolling Avg $55.41 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 510 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 6,425 *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 55.50 60.50 57.00 62.00 58.00 62.00 58.00 63.50 58.00 64.30 0.5 52.50 59.25 55.50 60.50 58.00 61.58 58.00 62.75 58.00 64.30 0.6 52.50 59.00 55.50 59.31 57.00 60.50 58.00 61.64 58.00 63.19 0.7 52.50 57.50 52.50 58.20 55.50 59.36 57.50 60.53 58.00 62.08 0.8 51.50 56.50 52.50 57.50 55.50 58.25 56.00 59.50 57.50 61.00 0.9 51.50 55.00 52.50 56.50 52.50 57.14 55.50 58.31 56.00 60.50 1.0 49.50 54.50 51.50 55.00 52.50 56.03 55.00 58.00 56.00 59.50 1.1 48.50 52.50 51.00 54.00 52.50 55.50 52.50 56.50 55.00 59.50 1.2 48.00 51.00 49.00 52.00 51.00 55.00 51.00 56.00 53.00 58.00 1.4 43.00 47.50 44.61 51.00 45.77 52.00 46.94 55.00 48.49 56.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.55 175# -4.00 2.25 205# -4.44 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.44 4.25 165# -15.00 0.00 195# -1.11 4.50 225# -4.44 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.90 lb carcass, 0.67 inch back-fat, 7.33 square inch loin/2.44 inch loin depth, FFLI: 52.74% Price Range $57.50 - $60.53 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 213,061 Base Price Range $51.78 - $69.69, Weighted Average $59.06 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,456 Compared to Prior Day's closing weighted average (LM_HG200), 0.72 higher Price Rng $40.00 - $46.50, Wtd Avg $43.29, 5 Day Rolling Avg $43.16 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,157 *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): 3,613 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 6 Canada 662 Colorado 10 Georgia 166 Iowa 195,697 Illinois 19,415 Indiana 19,854 Kansas 5,330 Kentucky 2,132 Michigan 5,918 Minnesota 69,699 Missouri 4,885 Mississippi 945 North Carolina 16,377 Nebraska 32,026 Ohio 15,616 Oklahoma 3,110 Pennsylvania 4,052 South Carolina 340 South Dakota 16,045 Texas 2 Utah 590 Wisconsin 445 -------------------------------------------------------------------------------- *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. ** Futures/Options 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 .