LM_HG203 Des Moines, Iowa Wed, Oct 04, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 4, 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 18,132 18,132 32,162 14,206 Other Market Formula 41,556 41,556 35,338 28,016 Swine or Pork Market Formula 134,485 134,485 136,842 77,825 Other Purchase Arrangement 68,677 68,677 65,003 22,433 Negotiated Formula 1,609 1,609 1,884 0 Packer Sold (all purchase types) 12,126 12,126 14,182 6,189 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 14,049 Compared to Prior Day's closing weighted average (LM_HG200), 1.30 higher Base Price Rng $46.00 - $52.75, Wtd Avg $50.97, 5 Day Rolling Avg $49.22 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 340 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 14,389 *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 55.50 50.50 57.00 51.50 57.00 52.50 58.50 53.00 58.50 0.5 46.00 54.00 49.00 55.50 51.50 55.50 52.00 57.00 53.00 57.00 0.6 46.00 54.00 49.00 54.00 50.50 55.50 51.50 55.50 52.50 57.00 0.7 46.00 52.50 46.00 52.50 49.00 54.00 51.50 54.50 52.00 55.50 0.8 45.00 51.50 46.00 52.50 49.00 52.50 50.00 53.50 51.50 54.50 0.9 45.00 50.00 46.00 51.50 46.00 51.50 49.00 52.50 50.00 54.50 1.0 43.00 49.50 45.00 50.00 46.00 51.00 49.00 52.00 50.00 53.50 1.1 42.00 47.50 45.00 48.00 46.00 50.50 46.00 51.50 49.00 53.00 1.2 42.00 45.50 43.00 46.00 45.00 50.00 45.00 51.00 47.00 52.00 1.4 37.00 41.00 38.62 44.50 39.63 46.00 40.64 50.00 41.99 51.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.80 175# -4.00 2.25 205# -3.84 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -3.84 4.25 165# -15.00 0.00 195# -0.96 4.50 225# -3.84 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.72 lb carcass, 0.68 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 52.51% Price Range $51.50 - $54.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 133,701 Base Price Range $46.95 - $68.49, Weighted Average $53.23 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 3,977 Compared to Prior Day's closing weighted average (LM_HG200), 1.62 higher Price Rng $34.00 - $40.45, Wtd Avg $39.79, 5 Day Rolling Avg $38.51 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,429 *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): 5,406 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 170 Georgia 323 Iowa 115,422 Illinois 23,503 Indiana 20,063 Kansas 4,334 Kentucky 2,142 Maryland 500 Michigan 8,138 Minnesota 42,454 Missouri 2,860 Mississippi 340 Montana 600 North Carolina 15,261 North Dakota 215 Nebraska 14,278 New York 513 Ohio 13,430 Oklahoma 2,679 Pennsylvania 3,662 South Carolina 340 South Dakota 5,187 Utah 79 Wisconsin 92 -------------------------------------------------------------------------------- *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 .