LM_HG202 Des Moines, Iowa Wed, Oct 04, 2017 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 4, 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 11,465 8,603 14,796 3,001 Other Market Formula 26,461 23,346 10,116 2,221 Swine or Pork Market Formula 103,044 92,144 90,734 32,014 Other Purchase Arrangement 62,544 57,816 49,781 16,226 Negotiated Formula 1,299 1,293 1,714 0 Packer Sold (all purchase types) 10,075 9,935 11,146 3,070 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,057 Compared to Prior Day's closing weighted average (LM_HG200), 0.60 higher Base Price Rng $46.00 - $52.50, Wtd Avg $50.27, 5 Day Rolling Avg $48.83 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 340 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,397 *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 49.00 53.50 50.50 55.00 51.50 55.00 52.50 56.50 53.00 56.50 0.5 46.00 52.00 49.00 53.50 51.50 54.00 52.00 55.00 53.00 55.68 0.6 46.00 52.00 49.00 52.00 50.50 53.50 51.50 54.00 52.50 55.00 0.7 46.00 50.50 46.00 50.50 49.00 52.00 51.50 54.00 52.00 54.50 0.8 45.00 49.50 46.00 50.50 49.00 51.50 50.00 53.00 51.50 54.50 0.9 45.00 47.50 46.00 49.50 46.00 49.50 49.00 51.50 50.00 54.00 1.0 43.00 47.50 45.00 47.51 46.00 48.52 49.00 51.50 50.00 53.00 1.1 42.00 45.50 45.00 47.50 46.00 48.50 46.00 48.50 49.00 53.00 1.2 42.00 44.50 43.00 45.50 45.00 47.50 45.00 48.50 47.00 51.50 1.4 37.00 41.00 38.62 44.50 39.63 45.50 40.64 47.50 41.99 48.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.80 175# -3.00 2.25 205# -3.84 4.50 155# -30.00 0.00 185# 0.00 4.00 215# -3.84 4.25 165# -15.00 0.00 195# -0.96 4.50 225# -3.84 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.72 lb carcass, 0.68 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 52.51% Price Range $51.50 - $54.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 97,307 Base Price Range $46.95 - $68.49, Weighted Average $54.76 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 3,649 Compared to Prior Day's closing weighted average (LM_HG200), 1.64 higher Price Rng $34.00 - $40.00, Wtd Avg $39.81, 5 Day Rolling Avg $38.47 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,113 *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): 4,762 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 170 Iowa 79,818 Illinois 19,564 Indiana 10,675 Kansas 4,284 Kentucky 1,802 Maryland 500 Michigan 5,206 Minnesota 35,419 Missouri 2,689 Montana 600 North Carolina 14,181 North Dakota 215 Nebraska 9,004 New York 513 Ohio 6,105 Oklahoma 2,679 Pennsylvania 2,837 South Carolina 340 South Dakota 4,319 Wisconsin 92 -------------------------------------------------------------------------------- *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 .