LM_HG210 Des Moines, Iowa Wed, Oct 04, 2017 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 4, 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 7,403 7,403 13,481 5,807 Other Market Formula 11,403 11,403 8,085 5,766 Swine or Pork Market Formula 41,689 41,689 44,470 26,220 Other Purchase Arrangement 32,047 32,047 26,442 8,782 Negotiated Formula 1,609 1,609 1,884 0 Packer Sold (all purchase types) 2,494 2,494 2,872 0 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,470 Compared to Prior Day's closing weighted average (LM_HG207), no comparison Base Price Rng $48.04 - $50.00, Wtd Avg $48.26, 5 Day Rolling Avg $48.26 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 170 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,640 *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 53.00 52.32 54.50 53.32 54.50 54.33 56.00 55.50 56.00 0.5 48.50 51.50 51.50 53.00 53.00 54.00 54.33 54.50 54.50 55.68 0.6 48.50 51.50 51.35 51.50 52.36 53.00 53.00 54.00 54.50 55.00 0.7 48.50 50.00 48.50 50.39 51.40 51.50 51.50 54.00 53.00 54.50 0.8 47.50 49.00 48.50 50.00 50.00 51.50 50.00 53.00 51.50 54.50 0.9 47.00 47.50 48.47 49.00 48.50 49.48 50.00 51.50 50.00 54.00 1.0 45.50 47.00 47.00 47.51 47.00 48.52 49.00 51.50 50.00 53.00 1.1 44.50 45.30 45.00 47.50 47.00 48.50 47.00 48.50 49.00 53.00 1.2 43.00 44.50 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: 193.60 lb carcass, 0.65 inch back-fat, 6.90 square inch loin/2.30 inch loin depth, FFLI: 52.90% Price Range $51.50 - $54.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 33,707 Base Price Range $47.28 - $66.66, Weighted Average $52.06 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 3,674 Compared to Prior Day's closing weighted average (LM_HG207), 1.74 higher Price Rng $38.00 - $40.00, Wtd Avg $39.93, 5 Day Rolling Avg $39.30 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 912 *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): 4,586 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 170 Georgia 323 Illinois 23,503 Indiana 20,063 Kentucky 2,142 Maryland 500 Michigan 8,138 Mississippi 340 North Carolina 15,261 New York 513 Ohio 13,430 Pennsylvania 3,662 South Carolina 340 Wisconsin 92 -------------------------------------------------------------------------------- *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 .