LM_HG202 Des Moines, Iowa Thu, Oct 12, 2017 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 12, 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 9,528 6,177 7,898 3,266 Other Market Formula 41,995 40,093 32,666 12,783 Swine or Pork Market Formula 119,885 112,064 98,827 103,086 Other Purchase Arrangement 64,889 61,167 55,564 50,583 Negotiated Formula 1,723 1,725 1,343 348 Packer Sold (all purchase types) 8,685 8,525 11,721 21,160 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,825 Compared to Prior Day's closing weighted average (LM_HG200), 0.41 higher Base Price Rng $52.00 - $58.00, Wtd Avg $56.24, 5 Day Rolling Avg $54.80 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 646 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,471 *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 58.54 56.50 60.00 57.50 60.84 58.50 61.99 59.00 63.52 0.5 52.00 58.54 55.00 59.69 57.50 60.84 58.00 61.99 59.00 63.52 0.6 52.00 57.44 55.00 58.59 56.50 59.74 57.50 60.89 58.50 62.43 0.7 52.00 56.34 52.00 57.50 55.00 58.65 57.00 59.80 58.00 61.33 0.8 51.00 55.25 52.00 56.40 55.00 57.55 55.50 58.70 57.00 60.24 0.9 51.00 54.15 52.00 55.30 52.00 56.45 55.00 57.61 55.50 59.14 1.0 49.00 53.06 51.00 54.21 52.00 55.36 54.50 56.51 55.50 58.04 1.1 48.00 51.69 50.50 52.84 52.00 53.99 52.00 55.14 54.50 56.67 1.2 48.00 50.04 48.50 51.19 50.50 52.34 50.50 53.49 52.50 55.03 1.4 42.50 44.50 44.07 48.00 45.22 49.00 46.37 51.00 47.90 52.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.48 175# -3.00 2.25 205# -4.38 4.50 155# -30.00 0.00 185# 0.00 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: 206.01 lb carcass, 0.67 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 52.75% Price Range $57.00 - $59.80 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 111,632 Base Price Range $51.78 - $69.22, Weighted Average $59.02 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,006 Compared to Prior Day's closing weighted average (LM_HG200), 1.56 lower Price Rng $40.00 - $44.00, Wtd Avg $41.15, 5 Day Rolling Avg $42.62 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,565 *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): 2,571 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 77,304 Illinois 41,393 Indiana 5,640 Kansas 3,850 Kentucky 1,810 Michigan 4,099 Minnesota 33,144 Missouri 2,906 Mississippi 160 North Carolina 17,923 Nebraska 14,466 New York 174 Ohio 13,943 Oklahoma 3,470 Pennsylvania 2,513 South Carolina 520 South Dakota 6,076 Wisconsin 360 -------------------------------------------------------------------------------- *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 .