LM_HG203 Des Moines, Iowa Thu, Oct 12, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 12, 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 8,701 8,701 14,017 5,285 Other Market Formula 52,770 52,770 108,665 28,969 Swine or Pork Market Formula 149,408 149,408 133,400 136,016 Other Purchase Arrangement 71,145 71,145 65,577 60,202 Negotiated Formula 1,890 1,890 1,861 2,911 Packer Sold (all purchase types) 11,796 11,796 16,058 17,460 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,451 Compared to Prior Day's closing weighted average (LM_HG200), 0.75 higher Base Price Rng $52.00 - $58.50, Wtd Avg $56.58, 5 Day Rolling Avg $54.89 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 646 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,097 *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 55.00 60.00 56.50 61.50 57.50 61.50 58.00 63.00 58.00 63.52 0.5 52.00 58.54 55.00 60.00 57.50 60.84 58.00 61.99 58.00 63.52 0.6 52.00 58.50 55.00 58.59 56.50 60.00 57.50 60.89 58.00 62.43 0.7 52.00 57.00 52.00 57.50 55.00 58.65 57.00 59.80 58.00 61.33 0.8 51.00 56.00 52.00 57.00 55.00 57.55 55.50 58.70 57.00 60.24 0.9 51.00 55.00 52.00 56.00 52.00 56.50 55.00 57.61 55.50 59.50 1.0 49.00 54.00 51.00 55.00 52.00 56.00 54.50 57.00 55.50 58.50 1.1 48.00 52.00 50.50 53.00 52.00 55.50 52.00 56.50 54.50 57.50 1.2 48.00 50.04 48.50 51.19 50.50 55.00 50.50 56.00 52.50 57.00 1.4 42.50 44.50 44.07 48.00 45.22 51.00 46.37 55.00 47.90 56.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.48 175# -4.00 2.25 205# -4.38 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.38 4.25 165# -15.00 0.00 195# -1.10 4.50 225# -4.38 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.01 lb carcass, 0.67 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 52.75% Price Range $57.00 - $59.80 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 148,891 Base Price Range $51.24 - $69.22, Weighted Average $58.00 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,904 Compared to Prior Day's closing weighted average (LM_HG200), 0.64 lower Price Rng $40.00 - $44.50, Wtd Avg $42.07, 5 Day Rolling Avg $42.65 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,730 *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): 3,634 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 210 Iowa 99,186 Illinois 46,411 Indiana 16,871 Kansas 4,203 Kentucky 2,140 Michigan 10,326 Minnesota 43,118 Missouri 3,121 Mississippi 160 North Carolina 19,003 Nebraska 15,410 New York 174 Ohio 19,984 Oklahoma 3,470 Pennsylvania 3,143 South Carolina 520 South Dakota 7,560 Wisconsin 700 -------------------------------------------------------------------------------- *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 .