LM_HG203 Des Moines, Iowa Wed, Oct 18, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 18, 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 17,037 17,037 20,074 16,172 Other Market Formula (Futures/Options) 35,535 35,535 42,332 41,969 Swine or Pork Market Formula 138,448 138,448 138,182 151,086 Other Purchase Arrangement 65,282 65,282 64,537 57,496 Negotiated Formula 2,353 2,353 1,743 2,174 Packer Sold (all purchase types) 13,286 13,286 15,005 19,897 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 16,363 Compared to Prior Day's closing weighted average (LM_HG200), 1.78 higher Base Price Rng $53.00 - $63.75, Wtd Avg $62.13, 5 Day Rolling Avg $59.86 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 16,363 *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 66.00 57.50 67.50 58.50 67.50 59.50 69.00 60.00 69.00 0.5 53.00 64.50 56.00 66.00 58.50 66.50 59.00 67.50 60.00 69.00 0.6 53.00 64.50 56.00 64.50 57.50 66.00 58.50 66.50 59.50 67.80 0.7 53.00 63.00 53.00 63.50 56.00 64.50 58.50 66.50 59.00 66.61 0.8 52.00 62.50 53.00 63.00 56.00 64.00 57.50 65.50 59.00 66.50 0.9 52.00 62.00 53.00 62.50 53.00 63.50 56.00 64.50 58.50 66.50 1.0 50.00 60.00 52.00 62.00 53.00 63.00 56.00 64.00 57.50 65.50 1.1 49.00 58.00 52.00 60.00 53.00 62.50 53.00 63.50 57.50 64.50 1.2 49.00 56.00 50.00 58.00 52.00 62.00 53.00 63.00 56.00 64.00 1.4 45.50 51.50 47.86 55.00 49.11 58.00 50.36 62.00 52.03 63.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.95 175# -4.00 2.25 205# -4.76 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.76 4.25 165# -15.00 0.00 195# -1.19 4.50 225# -4.76 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.04 lb carcass, 0.63 inch back-fat, 7.08 square inch loin/2.36 inch loin depth, FFLI: 53.23% Price Range $58.50 - $66.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 138,168 Base Price Range $54.83 - $70.34, Weighted Average $61.52 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 962 Compared to Prior Day's closing weighted average (LM_HG200), 0.66 lower Price Rng $41.62 - $50.50, Wtd Avg $46.74, 5 Day Rolling Avg $45.12 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,190 *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): 3,152 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 221 Georgia 497 Iowa 107,303 Illinois 19,974 Indiana 21,080 Kansas 4,120 Kentucky 1,742 Maryland 486 Michigan 6,257 Minnesota 44,470 Missouri 6,129 Mississippi 274 Montana 431 North Carolina 18,092 North Dakota 25 Nebraska 16,195 New York 429 Ohio 12,812 Pennsylvania 3,182 South Carolina 170 South Dakota 7,775 Virginia 75 Wisconsin 202 -------------------------------------------------------------------------------- *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 .