LM_HG210 Des Moines, Iowa Thu, Oct 05, 2017 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, October 5, 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 6,620 6,620 4,188 4,760 Other Market Formula 60,471 60,471 23,662 7,405 Swine or Pork Market Formula 40,413 40,413 42,422 22,743 Other Purchase Arrangement 33,959 33,959 32,677 8,995 Negotiated Formula 1,809 1,809 2,225 0 Packer Sold (all purchase types) 2,534 2,534 2,925 0 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,619 Compared to Prior Day's closing weighted average (LM_HG207), 0.86 higher Base Price Rng $49.00 - $52.00, Wtd Avg $50.83, 5 Day Rolling Avg $49.85 --------------------------------------------------------------------------------- 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): 5,619 *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 52.00 55.00 53.50 56.50 54.00 56.50 53.50 58.00 53.50 58.00 0.5 49.00 53.50 52.00 55.00 52.50 55.50 53.50 56.50 53.50 57.22 0.6 49.00 53.50 51.00 53.50 52.50 55.00 52.50 55.50 53.50 56.50 0.7 49.00 52.00 49.00 52.00 51.00 53.50 51.00 55.50 52.50 56.00 0.8 48.00 51.00 49.00 52.00 49.50 53.00 49.50 54.50 51.00 56.00 0.9 46.50 50.50 48.50 51.00 48.50 52.00 49.50 53.00 49.50 55.50 1.0 46.00 49.00 46.50 50.50 46.50 51.50 48.50 53.00 49.50 54.50 1.1 44.50 47.00 44.50 49.00 46.50 51.00 46.50 52.00 48.50 54.50 1.2 42.50 46.00 42.50 47.00 44.50 50.50 44.50 51.50 46.50 53.00 1.4 36.50 42.50 39.50 46.00 39.50 47.00 41.77 50.50 42.50 51.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.94 175# -4.00 0.00 205# -3.95 0.00 155# -19.00 0.00 185# -1.00 0.00 215# -3.95 0.00 165# -9.00 0.00 195# -0.99 0.00 225# -3.95 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 $51.00 - $55.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 34,592 Base Price Range $47.28 - $64.56, Weighted Average $53.10 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 799 Compared to Prior Day's closing weighted average (LM_HG207), 0.63 higher Price Rng $34.00 - $43.00, Wtd Avg $40.19, 5 Day Rolling Avg $39.59 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,051 *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): 1,850 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 23,879 Indiana 27,440 Kentucky 1,439 Michigan 6,781 Mississippi 508 North Carolina 16,143 New York 171 Ohio 22,564 Pennsylvania 3,864 South Carolina 520 Tennessee 30,320 Wisconsin 3,017 -------------------------------------------------------------------------------- *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 .