LM_HG203 Des Moines, Iowa Thu, Oct 05, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 5, 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 14,017 14,017 6,850 10,639 Other Market Formula 108,665 108,665 38,396 16,045 Swine or Pork Market Formula 133,400 133,400 147,472 66,891 Other Purchase Arrangement 65,577 65,577 67,125 23,342 Negotiated Formula 1,861 1,861 2,225 0 Packer Sold (all purchase types) 16,058 16,058 13,555 4,294 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 14,492 Compared to Prior Day's closing weighted average (LM_HG200), 0.96 higher Base Price Rng $46.00 - $54.00, Wtd Avg $52.15, 5 Day Rolling Avg $50.16 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 384 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 14,876 *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 55.25 50.50 56.75 51.50 56.75 52.50 58.25 53.00 58.25 0.5 46.00 53.75 49.00 55.25 51.50 55.50 52.00 56.75 53.00 57.22 0.6 46.00 53.75 49.00 53.75 50.50 55.25 51.50 55.50 52.50 56.75 0.7 46.00 52.25 46.00 52.25 49.00 53.75 51.00 55.50 52.00 56.00 0.8 45.00 51.25 46.00 52.25 49.00 53.00 49.50 54.50 51.00 56.00 0.9 45.00 50.50 46.00 51.25 46.00 52.00 49.00 53.00 49.50 55.50 1.0 43.00 49.25 45.00 50.50 46.00 51.50 48.50 53.00 49.50 54.50 1.1 42.00 47.25 44.50 49.00 46.00 51.00 46.00 52.00 48.50 54.50 1.2 42.00 46.00 42.50 47.00 44.50 50.50 44.50 51.50 46.50 53.00 1.4 36.50 42.50 39.50 46.00 39.50 47.00 41.77 50.50 42.50 51.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.94 175# -4.00 2.25 205# -3.95 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -3.95 4.25 165# -15.00 0.00 195# -0.99 4.50 225# -3.95 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.24 lb carcass, 0.68 inch back-fat, 7.14 square inch loin/2.38 inch loin depth, FFLI: 52.48% Price Range $51.00 - $55.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 136,575 Base Price Range $47.03 - $68.35, Weighted Average $54.48 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,023 Compared to Prior Day's closing weighted average (LM_HG200), 0.06 lower Price Rng $34.00 - $43.00, Wtd Avg $39.50, 5 Day Rolling Avg $38.66 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,702 *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): 2,725 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 30 Iowa 134,107 Illinois 23,879 Indiana 27,440 Kansas 3,115 Kentucky 1,439 Michigan 6,781 Minnesota 42,402 Missouri 2,344 Mississippi 508 North Carolina 16,143 North Dakota 185 Nebraska 11,053 New York 171 Ohio 22,564 Oklahoma 3,444 Pennsylvania 3,864 South Carolina 520 South Dakota 6,252 Tennessee 30,320 Wisconsin 3,017 -------------------------------------------------------------------------------- *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 .