LM_HG210 ****CORRECTION WHERE STARRED**** Des Moines, Iowa Tue, Oct 17, 2017 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Tuesday, October 17, 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 ****11,239**** 11,239 7,198 10,972 Other Market Formula (Futures/Options) 15,941 15,941 16,359 13,376 Swine or Pork Market Formula ****42,041**** 42,041 41,399 40,336 Other Purchase Arrangement 30,305 30,305 34,688 21,401 Negotiated Formula 1,253 1,253 1,136 2,190 Packer Sold (all purchase types) 1,945 1,945 2,366 3,165 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,245 Compared to Prior Day's closing weighted average (LM_HG207), Base Price Rng $56.75 - $61.00, Wtd Avg $59.30, 5 Day Rolling Avg $59.30 --------------------------------------------------------------------------------- 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): 6,245 *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 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.75 175# -4.00 1.00 205# -4.60 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -4.60 3.00 165# -15.00 0.00 195# -1.15 3.00 225# -4.60 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 38,250 Base Price Range $54.01 - $69.23, Weighted Average $60.35 -------------------------------------------------------------------------------- ****NEGOTIATED PURCHASE (Including Packer Sold)**** Barrows & Gilts (live basis, 240-320 lbs): 3,879 Compared to Prior Day's closing weighted average (LM_HG207), 3.01 higher Price Rng $42.75 - $48.00, Wtd Avg $47.69, 5 Day Rolling Avg $45.33 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 423 *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): 4,302 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 25,874 Indiana 16,119 Kentucky 2,295 Michigan 10,642 Mississippi 340 North Carolina 14,087 Ohio 19,090 Pennsylvania 5,191 South Carolina 350 Virginia 25 Wisconsin 2,345 -------------------------------------------------------------------------------- *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 .