LM_HG202 Des Moines, Iowa Mon, Oct 02, 2017 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, October 2, 2017 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 8,955 5,270 5,724 3,598 Other Market Formula 37,927 36,606 27,961 6,043 Swine or Pork Market Formula 170,525 157,453 160,389 30,003 Other Purchase Arrangement 108,284 96,252 165,195 105,096 Negotiated Formula 3,326 2,866 2,656 0 Packer Sold (all purchase types) 14,286 13,891 21,459 1,188 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,484 Compared to Prior Day's closing weighted average (LM_HG200), 1.02 lower Base Price Rng $42.00 - $48.00, Wtd Avg $46.72, 5 Day Rolling Avg $47.49 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 836 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,320 *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 45.00 51.00 46.50 52.50 47.50 52.50 48.50 54.00 49.00 54.13 0.5 42.00 49.88 45.00 51.00 47.50 51.84 48.00 52.82 49.00 54.13 0.6 42.00 49.50 45.00 49.92 46.50 51.00 47.50 51.88 48.50 53.19 0.7 42.00 48.01 42.00 48.99 45.00 49.97 47.50 50.95 48.00 52.26 0.8 41.00 47.07 42.00 48.05 45.00 49.04 46.50 50.02 48.00 51.32 0.9 41.00 46.14 42.00 47.12 42.00 48.10 45.00 49.08 47.50 50.39 1.0 39.00 45.21 41.00 46.19 42.00 47.17 45.00 48.15 46.50 49.46 1.1 38.00 44.04 41.00 45.02 42.00 46.00 42.00 46.98 46.50 48.29 1.2 38.00 42.64 39.00 43.62 41.00 44.60 42.00 45.58 44.50 46.89 1.4 34.50 36.57 37.50 38.00 37.50 39.00 39.51 41.00 40.50 42.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.67 175# -3.00 2.25 205# -3.74 4.50 155# -30.00 0.00 185# 0.00 4.00 215# -3.74 4.25 165# -15.00 0.00 195# -0.93 4.50 225# -3.74 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 207.02 lb carcass, 0.69 inch back-fat, 7.27 square inch loin/2.42 inch loin depth, FFLI: 52.39% Price Range $47.50 - $50.95 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 162,292 Base Price Range $46.53 - $68.44, Weighted Average $53.21 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,499 Compared to Prior Day's closing weighted average (LM_HG200), 0.18 lower Price Rng $34.00 - $40.00, Wtd Avg $38.71, 5 Day Rolling Avg $38.14 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,862 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 3,361 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 126,591 Illinois 23,288 Indiana 23,222 Kansas 5,743 Kentucky 1,415 Michigan 2,596 Minnesota 56,704 Missouri 3,778 Montana 628 North Carolina 18,278 North Dakota 190 Nebraska 27,600 Ohio 6,409 Oklahoma 4,098 Pennsylvania 625 South Carolina 340 South Dakota 10,577 Wisconsin 293 -------------------------------------------------------------------------------- *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 1100C .