LM_HG202 Des Moines, Iowa Thu, Oct 05, 2017 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 5, 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 10,890 7,898 4,893 4,147 Other Market Formula 44,398 32,666 29,200 1,795 Swine or Pork Market Formula 110,885 99,326 112,161 27,957 Other Purchase Arrangement 59,611 55,564 55,579 16,580 Negotiated Formula 2,023 1,343 2,225 0 Packer Sold (all purchase types) 11,721 11,721 10,295 2,612 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,077 Compared to Prior Day's closing weighted average (LM_HG200), 0.31 higher Base Price Rng $46.00 - $53.50, Wtd Avg $51.50, 5 Day Rolling Avg $49.77 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 384 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,461 *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 55.00 50.50 56.50 51.50 56.50 52.50 58.00 53.00 58.00 0.5 46.00 53.50 49.00 55.00 51.50 55.00 52.00 56.50 53.00 57.22 0.6 46.00 53.50 49.00 53.50 50.50 55.00 51.50 55.00 52.50 56.50 0.7 46.00 52.00 46.00 52.00 49.00 53.50 51.00 53.86 52.00 55.25 0.8 45.00 51.00 46.00 52.00 49.00 52.00 49.50 52.88 51.00 54.26 0.9 45.00 49.00 46.00 51.00 46.00 51.00 49.00 52.00 49.50 53.27 1.0 43.00 49.00 45.00 49.00 46.00 49.86 48.50 51.00 49.50 52.28 1.1 42.00 47.00 44.50 47.59 46.00 49.00 46.00 49.67 48.50 51.50 1.2 42.00 45.07 42.50 46.11 44.50 47.15 44.50 48.19 46.50 50.00 1.4 36.50 39.50 39.50 43.00 39.50 44.00 41.77 46.00 42.50 47.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -23.75 -4.94 175# -3.00 2.25 205# -3.95 4.50 155# -23.75 0.00 185# 0.00 4.00 215# -3.95 4.25 165# -11.00 0.00 195# -0.99 4.50 225# -3.95 0.50 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.24 lb carcass, 0.68 inch back-fat, 7.14 square inch loin/2.38 inch loin depth, FFLI: 52.48% Price Range $51.00 - $53.86 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 102,558 Base Price Range $47.03 - $68.35, Weighted Average $55.84 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 619 Compared to Prior Day's closing weighted average (LM_HG200), 0.76 lower Price Rng $34.00 - $43.00, Wtd Avg $38.80, 5 Day Rolling Avg $38.58 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,184 *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): 1,803 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 83,653 Illinois 18,514 Indiana 10,531 Kansas 3,115 Kentucky 1,269 Michigan 4,062 Minnesota 31,060 Missouri 2,069 North Carolina 15,603 North Dakota 185 Nebraska 10,288 New York 171 Ohio 13,106 Oklahoma 3,444 Pennsylvania 2,664 South Carolina 520 South Dakota 5,417 Wisconsin 2,847 -------------------------------------------------------------------------------- *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 .