LM_HG203 ****CORRECTION WHERE STARRED**** Des Moines, Iowa Mon, Oct 09, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, October 9, 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 11,050 11,050 12,076 9,553 Other Market Formula 47,878 47,878 65,290 18,497 Swine or Pork Market Formula 205,522 205,522 183,230 77,799 Other Purchase Arrangement ***192,505*** 192,505 111,201 98,714 Negotiated Formula 1,998 1,998 2,866 0 Packer Sold (all purchase types) 21,396 21,396 15,900 5,085 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,013 Compared to Prior Day's closing weighted average (LM_HG200), 1.21 higher Base Price Rng $47.00 - $55.00, Wtd Avg $53.44, 5 Day Rolling Avg $51.54 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,949 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,962 *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 50.00 55.00 51.50 56.50 52.50 56.50 53.50 58.00 54.00 58.88 0.5 47.00 54.25 50.00 55.32 52.50 56.39 53.00 57.45 54.00 58.88 0.6 47.00 53.50 50.00 54.31 51.50 55.37 52.50 56.44 53.50 57.86 0.7 47.00 52.22 47.00 53.29 50.00 54.36 52.50 55.50 53.00 56.85 0.8 46.00 51.21 47.00 52.27 50.00 53.34 51.50 54.50 53.00 56.00 0.9 46.00 50.19 47.00 51.26 47.00 52.32 50.00 53.39 52.00 55.50 1.0 44.00 49.17 46.00 50.24 47.00 51.31 50.00 53.00 51.50 54.50 1.1 43.00 47.90 46.00 49.00 47.00 50.04 47.00 51.10 51.00 54.50 1.2 43.00 46.38 44.00 47.45 46.00 49.00 47.00 50.00 49.00 53.00 1.4 39.00 42.50 40.84 46.00 41.91 47.00 42.98 49.00 44.40 50.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.08 175# -3.00 2.25 205# -4.06 4.50 155# -30.00 0.00 185# 0.00 4.00 215# -4.06 4.25 165# -15.00 0.00 195# -1.02 4.50 225# -4.06 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.93 lb carcass, 0.67 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 52.66% Price Range $52.50 - $55.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 209,646 Base Price Range $48.12 - $68.42, Weighted Average $56.06 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,080 Compared to Prior Day's closing weighted average (LM_HG200), 1.08 higher Price Rng $34.00 - $44.50, Wtd Avg $41.53, 5 Day Rolling Avg $40.06 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,032 *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): 3,112 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 7 Georgia 330 Iowa 262,523 Illinois 30,134 Indiana 24,095 Kansas 2,168 Kentucky 2,450 Michigan 5,577 Minnesota 68,385 Missouri 4,664 Mississippi 770 Montana 634 ***North Carolina 25,196*** Nebraska 23,014 Ohio 11,886 Oklahoma 3,002 Pennsylvania 2,092 South Carolina 170 South Dakota 11,856 Tennessee 30 Wisconsin 1,366 -------------------------------------------------------------------------------- *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 .