LM_HG203 Des Moines, Iowa Fri, Oct 13, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, October 13, 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 7,901 7,901 5,595 6,138 Other Market Formula 50,162 50,162 36,830 41,137 Swine or Pork Market Formula 166,321 166,321 164,475 186,968 Other Purchase Arrangement 76,203 76,203 73,819 57,282 Negotiated Formula 2,194 2,194 2,249 2,243 Packer Sold (all purchase types) 13,699 13,699 13,672 23,804 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,079 Compared to Prior Day's closing weighted average (LM_HG200), 0.97 higher Base Price Rng $52.00 - $59.50, Wtd Avg $57.48, 5 Day Rolling Avg $55.41 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,012 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,091 *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 60.50 56.50 62.00 57.50 62.00 58.00 63.50 58.00 64.30 0.5 52.00 59.25 55.00 60.50 57.50 61.58 58.00 62.75 58.00 64.30 0.6 52.00 59.00 55.00 59.31 56.50 60.50 57.50 61.64 58.00 63.19 0.7 52.00 57.50 52.00 58.20 55.00 59.36 57.50 60.53 58.00 62.08 0.8 51.00 56.50 52.00 57.50 55.00 58.25 56.00 59.42 57.50 60.97 0.9 51.00 55.00 52.00 56.50 52.00 57.14 55.00 58.31 56.00 59.86 1.0 49.00 54.50 51.00 55.00 52.00 56.03 55.00 57.20 56.00 58.75 1.1 48.00 52.50 51.00 53.48 52.00 55.50 52.00 56.50 55.00 58.50 1.2 48.00 50.65 49.00 51.82 51.00 55.00 51.00 56.00 53.00 57.00 1.4 43.00 46.50 44.61 50.00 45.77 51.00 46.94 55.00 48.49 56.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.55 175# -4.00 2.25 205# -4.44 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.44 4.25 165# -15.00 0.00 195# -1.11 4.50 225# -4.44 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.09 lb carcass, 0.67 inch back-fat, 7.33 square inch loin/2.44 inch loin depth, FFLI: 52.74% Price Range $57.50 - $60.53 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 167,029 Base Price Range $51.78 - $69.31, Weighted Average $58.31 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,609 Compared to Prior Day's closing weighted average (LM_HG200), 0.99 higher Price Rng $40.00 - $46.50, Wtd Avg $43.56, 5 Day Rolling Avg $42.84 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,992 *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): 3,601 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 663 Colorado 170 Georgia 166 Iowa 136,690 Illinois 21,884 Indiana 17,975 Kansas 3,769 Kentucky 1,930 Maryland 170 Michigan 3,035 Minnesota 53,046 Missouri 2,712 Mississippi 500 North Carolina 14,271 North Dakota 385 Nebraska 23,740 New York 340 Ohio 14,964 Oklahoma 3,628 Pennsylvania 5,434 South Carolina 340 South Dakota 9,656 Wisconsin 1,012 -------------------------------------------------------------------------------- *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 .