LM_HG203 Des Moines, Iowa Tue, Oct 10, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, October 10, 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 17,454 17,454 10,080 11,746 Other Market Formula 34,014 34,014 64,224 22,128 Swine or Pork Market Formula 146,675 146,675 144,707 122,891 Other Purchase Arrangement 88,851 88,851 71,497 54,399 Negotiated Formula 1,136 1,136 1,222 1,791 Packer Sold (all purchase types) 15,985 15,985 16,964 18,656 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 14,083 Compared to Prior Day's closing weighted average (LM_HG200), 1.31 higher Base Price Rng $48.00 - $56.00, Wtd Avg $54.74, 5 Day Rolling Avg $52.70 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 504 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 14,587 *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 51.00 58.50 52.50 60.00 53.50 60.00 54.50 61.50 54.50 61.50 0.5 48.00 57.00 51.00 58.50 53.50 59.00 54.00 60.00 54.50 61.21 0.6 48.00 57.00 51.00 57.00 52.50 58.50 53.50 59.00 54.50 60.15 0.7 48.00 55.50 48.00 56.00 51.00 57.00 53.50 59.00 54.00 59.09 0.8 47.00 55.00 48.00 55.50 51.00 56.50 52.50 58.00 54.00 59.00 0.9 47.00 54.50 48.00 55.00 48.00 56.00 51.00 57.00 53.50 59.00 1.0 45.00 52.50 47.00 54.50 48.00 55.50 51.00 56.50 52.50 58.00 1.1 44.00 50.50 47.00 52.50 48.00 55.00 48.00 56.00 52.50 57.00 1.2 44.00 48.50 45.00 50.50 47.00 54.50 48.00 55.50 51.00 56.50 1.4 39.50 44.50 42.46 48.00 43.57 50.50 44.68 54.50 46.16 55.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.28 175# -4.00 2.25 205# -4.22 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.22 4.25 165# -15.00 0.00 195# -1.06 4.50 225# -4.22 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.43 lb carcass, 0.68 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 52.60% Price Range $53.50 - $59.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 147,163 Base Price Range $47.79 - $68.92, Weighted Average $56.22 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 4,667 Compared to Prior Day's closing weighted average (LM_HG200), 1.32 higher Price Rng $38.00 - $45.50, Wtd Avg $43.74, 5 Day Rolling Avg $41.64 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,136 *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): 5,803 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 215 Iowa 120,456 Illinois 24,212 Indiana 19,339 Kansas 3,508 Kentucky 2,001 Maryland 338 Michigan 11,827 Minnesota 48,868 Missouri 3,640 Montana 660 North Carolina 15,424 North Dakota 605 Nebraska 19,480 Ohio 17,023 Oklahoma 2,842 Pennsylvania 3,838 South Carolina 350 South Dakota 8,858 Wisconsin 631 -------------------------------------------------------------------------------- *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 .