LM_HG203 Des Moines, Iowa Mon, Oct 02, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, October 2, 2017 (Includes information from 1:30 PM to 1:30 PM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 12,076 12,076 20,413 8,520 Other Market Formula 65,290 65,290 39,423 20,390 Swine or Pork Market Formula 183,230 183,230 193,944 76,225 Other Purchase Arrangement 111,201 111,201 195,887 112,203 Negotiated Formula 2,866 2,866 2,155 0 Packer Sold (all purchase types) 15,900 15,900 24,541 4,103 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,329 Compared to Prior Day's closing weighted average (LM_HG200), 0.84 higher Base Price Rng $42.00 - $50.00, Wtd Avg $48.58, 5 Day Rolling Avg $47.69 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 836 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,165 *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 45.00 53.00 46.50 54.50 47.50 54.50 48.50 56.00 49.00 56.00 0.5 42.00 51.50 45.00 53.00 47.50 53.00 48.00 54.50 49.00 54.50 0.6 42.00 51.50 45.00 51.50 46.50 53.00 47.50 53.00 48.50 54.50 0.7 42.00 50.00 42.00 50.00 45.00 51.50 47.50 51.50 48.00 53.00 0.8 41.00 49.00 42.00 50.00 45.00 50.00 46.50 50.50 48.00 51.50 0.9 41.00 47.00 42.00 49.00 42.00 49.00 45.00 50.00 47.50 51.50 1.0 39.00 47.00 41.00 47.00 42.00 48.00 45.00 49.00 46.50 50.50 1.1 38.00 45.00 41.00 45.02 42.00 47.50 42.00 48.50 46.50 49.50 1.2 38.00 43.00 39.00 43.62 41.00 47.00 42.00 48.00 44.50 49.00 1.4 34.50 37.00 37.50 40.00 37.50 43.00 39.51 47.00 40.50 48.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.67 175# -4.00 2.25 205# -3.74 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -3.74 4.25 165# -15.00 0.00 195# -0.93 4.50 225# -3.74 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 207.02 lb carcass, 0.69 inch back-fat, 7.27 square inch loin/2.42 inch loin depth, FFLI: 52.39% Price Range $47.50 - $51.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 187,140 Base Price Range $45.72 - $68.44, Weighted Average $52.62 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,277 Compared to Prior Day's closing weighted average (LM_HG200), 2.11 lower Price Rng $33.00 - $40.00, Wtd Avg $36.78, 5 Day Rolling Avg $37.66 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,862 *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): 4,139 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 333 Iowa 154,347 Illinois 35,623 Indiana 34,516 Kansas 5,963 Kentucky 1,415 Michigan 5,348 Minnesota 67,849 Missouri 4,273 Montana 628 North Carolina 19,178 North Dakota 190 Nebraska 29,234 Ohio 12,966 Oklahoma 4,848 Pennsylvania 2,160 South Carolina 340 South Dakota 10,740 Wisconsin 612 -------------------------------------------------------------------------------- *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 1500C .