LM_HG202 Des Moines, Iowa Thu, Oct 19, 2017 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 19, 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 8,418 4,660 6,177 5,265 Other Market Formula (Futures/Options) 17,352 14,244 40,093 13,847 Swine or Pork Market Formula 123,679 114,676 112,064 105,453 Other Purchase Arrangement 65,067 61,399 61,167 48,547 Negotiated Formula 1,564 1,053 1,725 335 Packer Sold (all purchase types) 12,105 12,105 8,525 21,134 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,785 Compared to Prior Day's closing weighted average (LM_HG200), 0.54 lower Base Price Rng $57.50 - $63.00, Wtd Avg $61.86, 5 Day Rolling Avg $60.45 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 486 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,271 *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 60.50 66.00 62.00 67.50 63.00 68.31 64.00 69.60 64.50 71.32 0.5 57.50 65.72 60.50 67.02 63.00 68.31 63.50 69.60 64.50 71.32 0.6 57.50 64.50 60.50 65.79 62.00 67.08 63.00 68.37 64.00 70.09 0.7 57.50 63.26 57.50 64.56 60.50 65.85 63.00 67.14 63.50 68.86 0.8 56.50 62.03 57.50 63.32 60.50 64.62 62.00 65.91 63.50 67.63 0.9 56.50 60.80 57.50 62.09 57.50 63.39 60.50 64.68 63.00 66.40 1.0 54.50 60.00 56.50 60.86 57.50 62.16 60.50 63.45 62.00 65.17 1.1 53.50 58.03 56.50 59.32 57.50 60.62 57.50 61.91 62.00 63.63 1.2 53.50 56.19 54.50 57.48 56.50 58.77 57.50 60.06 60.00 62.00 1.4 48.19 51.50 49.48 55.00 50.77 56.00 52.06 58.00 53.79 59.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -23.75 -6.15 175# -3.00 2.25 205# -4.92 4.50 155# -23.75 0.00 185# 0.00 4.00 215# -4.92 4.25 165# -11.00 0.00 195# -1.23 4.50 225# -4.92 0.50 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.05 lb carcass, 0.63 inch back-fat, 7.05 square inch loin/2.35 inch loin depth, FFLI: 53.21% Price Range $63.00 - $68.37 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 118,093 Base Price Range $56.00 - $70.17, Weighted Average $63.37 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 812 Compared to Prior Day's closing weighted average (LM_HG200), 0.09 higher Price Rng $43.50 - $50.00, Wtd Avg $47.05, 5 Day Rolling Avg $45.71 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,053 *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): 1,865 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Delaware 60 Iowa 76,199 Illinois 15,666 Indiana 7,960 Kansas 2,611 Kentucky 1,570 Michigan 3,350 Minnesota 40,282 Missouri 3,381 North Carolina 16,901 Nebraska 16,549 New York 173 Ohio 9,620 Oklahoma 3,422 Pennsylvania 3,776 South Carolina 520 South Dakota 5,454 Wisconsin 643 -------------------------------------------------------------------------------- *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 .