LM_HG202 Des Moines, Iowa Fri, Oct 13, 2017 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, October 13, 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 6,467 3,745 3,654 3,246 Other Market Formula 35,826 33,264 24,058 12,609 Swine or Pork Market Formula 130,168 119,052 108,667 117,757 Other Purchase Arrangement 64,908 59,228 55,218 48,833 Negotiated Formula 2,384 1,704 1,603 0 Packer Sold (all purchase types) 9,140 9,140 9,201 19,078 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,323 Compared to Prior Day's closing weighted average (LM_HG200), 0.74 lower Base Price Rng $52.00 - $58.00, Wtd Avg $55.77, 5 Day Rolling Avg $55.18 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,012 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,335 *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 60.50 56.50 62.00 57.50 62.00 58.00 63.50 58.00 64.30 0.5 52.00 59.25 55.00 60.50 57.50 61.58 58.00 62.75 58.00 64.30 0.6 52.00 59.00 55.00 59.31 56.50 60.50 57.50 61.64 58.00 63.19 0.7 52.00 57.50 52.00 58.20 55.00 59.36 57.50 60.53 58.00 62.08 0.8 51.00 56.50 52.00 57.50 55.00 58.25 56.00 59.42 57.50 60.97 0.9 51.00 55.00 52.00 56.50 52.00 57.14 55.00 58.31 56.00 59.86 1.0 49.00 54.50 51.00 55.00 52.00 56.03 55.00 57.20 56.00 58.75 1.1 48.00 52.50 51.00 53.48 52.00 55.50 52.00 56.50 55.00 58.00 1.2 48.00 50.65 49.00 51.82 51.00 55.00 51.00 56.00 53.00 57.00 1.4 43.00 46.00 44.61 49.50 45.77 51.00 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: 206.09 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): 118,986 Base Price Range $51.78 - $69.31, Weighted Average $59.44 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,209 Compared to Prior Day's closing weighted average (LM_HG200), 0.80 higher Price Rng $40.00 - $46.00, Wtd Avg $43.37, 5 Day Rolling Avg $42.80 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,502 *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): 2,711 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 663 Colorado 160 Iowa 93,381 Illinois 18,080 Indiana 6,796 Kansas 3,697 Kentucky 355 Maryland 170 Michigan 1,369 Minnesota 38,135 Missouri 2,547 North Carolina 13,201 North Dakota 385 Nebraska 22,323 New York 340 Ohio 8,364 Oklahoma 3,628 Pennsylvania 3,554 South Carolina 340 South Dakota 7,803 Wisconsin 842 -------------------------------------------------------------------------------- *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 .