LM_HG203 Des Moines, Iowa Mon, Oct 16, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, October 16, 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 11,806 11,806 11,050 7,313 Other Market Formula (Futures/Options) 53,151 53,151 47,878 49,329 Swine or Pork Market Formula 193,312 193,312 205,522 196,755 Other Purchase Arrangement 184,524 184,524 192,505 184,304 Negotiated Formula 2,842 2,842 1,998 1,770 Packer Sold (all purchase types) 19,911 19,911 21,396 27,028 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,063 Compared to Prior Day's closing weighted average (LM_HG200), 0.82 higher Base Price Rng $53.00 - $60.75, Wtd Avg $58.41, 5 Day Rolling Avg $56.17 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 510 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,573 *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 56.00 61.00 57.50 62.50 58.50 63.11 59.50 64.31 60.00 65.90 0.5 53.00 60.73 56.00 61.92 58.50 63.11 59.00 64.31 60.00 65.90 0.6 53.00 59.59 56.00 60.78 57.50 61.98 58.50 63.17 59.50 64.76 0.7 53.00 58.45 53.00 59.65 56.00 60.84 58.50 62.03 59.00 63.63 0.8 52.00 57.31 53.00 58.51 56.00 59.70 57.50 60.90 59.00 62.49 0.9 52.00 56.18 53.00 57.37 53.00 58.57 56.00 59.76 58.00 61.35 1.0 50.00 55.04 52.00 56.23 53.00 57.43 56.00 58.62 57.50 60.21 1.1 49.00 53.62 52.00 54.81 53.00 56.01 53.00 57.20 57.00 59.50 1.2 49.00 51.91 50.00 53.11 52.00 54.30 53.00 55.50 55.00 58.00 1.4 44.52 47.50 45.72 51.00 46.91 52.00 48.10 54.00 49.70 55.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.69 175# -3.00 2.25 205# -4.55 4.50 155# -30.00 0.00 185# 0.00 4.00 215# -4.55 4.25 165# -15.00 0.00 195# -1.14 4.50 225# -4.55 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.85 lb carcass, 0.67 inch back-fat, 7.33 square inch loin/2.44 inch loin depth, FFLI: 52.74% Price Range $58.50 - $62.03 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 197,515 Base Price Range $52.45 - $69.69, Weighted Average $59.67 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 4,532 Compared to Prior Day's closing weighted average (LM_HG200), 1.11 higher Price Rng $38.00 - $47.50, Wtd Avg $44.40, 5 Day Rolling Avg $43.48 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,094 *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): 6,626 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 330 Iowa 241,915 Illinois 25,723 Indiana 24,600 Kansas 6,305 Kentucky 2,083 Michigan 8,111 Minnesota 65,657 Missouri 6,167 Mississippi 785 Montana 647 North Carolina 17,647 Nebraska 30,477 Ohio 17,696 Oklahoma 3,110 Pennsylvania 996 South Carolina 340 South Dakota 12,732 Wisconsin 225 -------------------------------------------------------------------------------- *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 .