LM_HG203 ***Corrections where Starred*** Des Moines, Iowa Wed, Oct 11, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 11, 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 20,074 20,074 18,132 17,000 Other Market Formula 42,332 42,332 41,556 24,209 Swine or Pork Market Formula ***138,182 138,182*** 134,485 137,952 Other Purchase Arrangement 64,537 64,537 68,677 58,228 Negotiated Formula 1,743 1,743 1,609 2,796 Packer Sold (all purchase types) 15,005 15,005 12,126 23,260 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 17,570 Compared to Prior Day's closing weighted average (LM_HG200), 0.82 higher Base Price Rng $50.00 - $57.25, Wtd Avg $55.82, 5 Day Rolling Avg $54.03 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 486 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 18,056 *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 53.00 60.00 54.50 61.50 55.50 61.50 56.50 63.00 57.00 63.00 0.5 50.00 58.50 53.00 60.00 55.50 60.10 56.00 61.50 57.00 62.75 0.6 50.00 58.50 53.00 58.50 54.50 60.00 55.50 60.15 56.50 61.67 0.7 50.00 57.00 50.00 57.00 53.00 58.50 55.50 59.75 56.00 60.58 0.8 49.00 56.00 50.00 57.00 53.00 57.25 54.50 58.75 56.00 59.75 0.9 49.00 55.25 50.00 56.00 50.00 56.75 53.00 57.75 55.00 59.75 1.0 47.00 54.00 49.00 55.25 50.00 56.25 53.00 57.25 54.50 58.75 1.1 46.00 52.00 49.00 53.25 50.00 55.75 50.00 56.75 54.00 57.75 1.2 46.00 50.00 47.00 51.25 49.00 55.25 50.00 56.25 52.00 57.25 1.4 42.00 45.50 43.53 49.00 44.67 51.25 45.80 55.25 47.32 56.25 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.41 175# -4.00 2.25 205# -4.33 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.33 4.25 165# -15.00 0.00 195# -1.08 4.50 225# -4.33 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.09 lb carcass, 0.68 inch back-fat, 7.33 square inch loin/2.44 inch loin depth, FFLI: 52.58% Price Range $55.50 - $59.75 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 140,548 Base Price Range $50.66 - $68.89, Weighted Average $57.23 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,487 Compared to Prior Day's closing weighted average (LM_HG200), 1.35 lower Price Rng $37.88 - $45.50, Wtd Avg $42.37, 5 Day Rolling Avg $42.46 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,654 *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): 4,141 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 170 Georgia 332 Iowa ***116,096*** Illinois 22,916 Indiana 20,290 Kansas 5,174 Kentucky 2,120 Maryland 206 Michigan 5,119 Minnesota 48,115 Missouri 3,641 Mississippi 1,105 Montana 601 North Carolina 12,944 North Dakota 355 Nebraska 11,005 New York 517 Ohio 16,470 Oklahoma 2,767 Pennsylvania 4,252 South Carolina 340 South Dakota 6,914 Utah 80 Wisconsin 345 -------------------------------------------------------------------------------- *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 .