LM_HG207 Des Moines, Iowa Thu, Oct 05, 2017 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 4, 2017 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 11,271 11,542 5,632 Other Market Formula 14,015 10,567 13,286 Swine or Pork Market Formula 40,156 43,548 33,503 Other Purchase Arrangement 33,617 30,674 32,771 Negotiated Formula 578 899 0 Packer Sold (all purchase types) 302 496 660 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 6,390 13,336 34,878 32,606 0 87,210 Base Price 49.97 66.82 52.68 63.38 * 58.64 Packer Sold Head Count 300 Base Price * -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,390 Compared to Prior Day's closing weighted average (LM_HG207), no comparison Base Price Rng $48.04 - $52.00, Wtd Avg $49.97, 5 Day Rolling Avg $49.97 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,390 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- EASTERN CORNBELT 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 51.31 55.00 52.32 56.50 53.32 56.50 54.33 58.00 55.50 58.00 0.5 48.50 53.50 51.50 55.00 53.00 55.00 54.33 56.50 54.50 56.50 0.6 48.50 53.50 51.35 53.50 52.36 55.00 53.00 55.00 54.50 56.50 0.7 48.50 52.00 48.50 52.00 51.40 53.50 51.50 54.00 53.00 55.00 0.8 47.50 51.00 48.50 52.00 50.00 52.00 50.00 53.00 51.50 54.50 0.9 47.00 49.00 48.47 51.00 48.50 51.00 50.00 52.00 50.00 54.00 1.0 45.50 49.00 47.00 49.00 47.00 49.00 49.00 51.50 50.00 53.00 1.1 44.50 47.00 45.00 47.50 47.00 49.00 47.00 49.00 49.00 53.00 1.2 43.00 45.00 43.00 45.50 45.00 47.50 45.00 48.50 47.00 51.50 1.4 37.00 41.00 38.62 44.50 39.63 45.50 40.64 47.50 41.99 48.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -15.00 -4.80 175# -3.00 0.00 205# -3.84 0.00 155# -11.82 0.00 185# 0.00 0.00 215# -3.84 0.00 165# -5.00 0.00 195# -0.96 0.00 225# -3.84 0.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 192.70 lb carcass, 0.65 inch back-fat, 6.84 square inch loin/2.28 inch loin depth, FFLI: 52.87% Price Range $51.50 - $54.00 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 35,178 Base Price Range $47.28 - $64.56, Weighted Average $52.74 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 4,790 Compared to Prior Day's closing weighted average (LM_HG207), 1.37 higher Price Rng $38.00 - $40.25, Wtd Avg $39.56, 5 Day Rolling Avg $38.76 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 578 *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): 5,368 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 326 Illinois 29,097 Indiana 20,409 Kentucky 2,144 Michigan 8,522 Mississippi 340 North Carolina 16,687 New York 171 Ohio 15,665 Pennsylvania 3,466 South Carolina 520 Wisconsin 2,592 -------------------------------------------------------------------------------- *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 0800C .