LM_HG203 Des Moines, Iowa Thu, Oct 19, 2017 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 19, 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 12,221 12,221 8,701 11,893 Other Market Formula (Futures/Options) 35,270 35,270 52,770 26,298 Swine or Pork Market Formula 147,958 147,958 149,408 144,208 Other Purchase Arrangement 74,089 74,089 71,145 59,379 Negotiated Formula 1,305 1,305 1,890 2,194 Packer Sold (all purchase types) 15,179 15,179 11,796 21,419 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,494 Compared to Prior Day's closing weighted average (LM_HG200), 1.02 higher Base Price Rng $56.00 - $65.50, Wtd Avg $63.42, 5 Day Rolling Avg $60.93 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 501 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,995 *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 59.00 66.00 60.50 67.50 61.50 68.31 62.50 69.60 63.00 71.32 0.5 56.00 65.72 59.00 67.02 61.50 68.31 62.00 69.60 63.00 71.32 0.6 56.00 64.50 59.00 65.79 60.50 67.08 61.50 68.37 62.50 70.09 0.7 56.00 63.26 56.00 64.56 59.00 65.85 61.50 67.14 62.00 68.86 0.8 55.00 62.03 56.00 63.32 59.00 64.62 60.50 65.91 62.00 67.63 0.9 55.00 60.80 56.00 62.09 56.00 63.39 59.00 64.68 61.50 66.40 1.0 53.00 60.00 55.00 60.86 56.00 62.16 59.00 63.45 60.50 65.17 1.1 52.00 58.03 55.00 59.32 56.00 61.00 56.00 62.00 60.50 63.63 1.2 52.00 56.19 53.00 57.48 55.00 60.50 56.00 61.50 58.50 62.50 1.4 48.19 51.50 49.48 55.00 50.77 56.50 52.06 60.50 53.79 61.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -3.00 175# -4.00 2.25 205# -4.92 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -4.92 4.25 165# -15.00 0.00 195# -1.23 4.50 225# -4.92 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.05 lb carcass, 0.63 inch back-fat, 7.05 square inch loin/2.35 inch loin depth, FFLI: 53.21% Price Range $61.50 - $68.37 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 150,638 Base Price Range $56.00 - $70.17, Weighted Average $62.56 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,647 Compared to Prior Day's closing weighted average (LM_HG200), 0.57 higher Price Rng $43.50 - $50.00, Wtd Avg $47.53, 5 Day Rolling Avg $45.86 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,282 *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): 2,929 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 380 Delaware 60 Georgia 160 Iowa 110,226 Illinois 23,732 Indiana 17,501 Kansas 2,611 Kentucky 1,890 Michigan 6,491 Minnesota 50,638 Missouri 3,876 Mississippi 329 North Carolina 17,801 Nebraska 17,672 New York 173 Ohio 16,437 Oklahoma 3,422 Pennsylvania 5,606 South Carolina 520 South Dakota 5,854 Wisconsin 643 -------------------------------------------------------------------------------- *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 .