LM_HG211 Des Moines, Iowa Mon, Oct 16, 2017 USDA Market News WESTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Monday, October 16, 2017 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 5,308 3,811 2,661 432 Other Market Formula (Futures/Options) 26,513 25,849 21,624 18,103 Swine or Pork Market Formula 122,908 118,651 121,968 113,528 Other Purchase Arrangement 142,594 142,264 127,453 153,137 Negotiated Formula 350 350 166 0 Packer Sold (all purchase types) 13,917 13,917 15,057 13,676 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,311 Compared to Prior Day's closing weighted average (LM_HG208), 0.70 higher Base Price Rng $53.00 - $60.00, Wtd Avg $59.05, 5 Day Rolling Avg $56.45 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 350 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,661 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- WESTERN 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# -30.00 -14.62 175# -1.35 2.25 205# 0.00 4.50 155# -30.00 -11.82 185# 0.00 4.00 215# 0.00 4.25 165# -15.00 -3.37 195# 0.00 4.50 225# -1.33 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): 132,042 Base Price Range $52.45 - $69.69, Weighted Average $60.50 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 508 Compared to Prior Day's closing weighted average (LM_HG208), 0.59 higher Price Rng $38.00 - $46.05, Wtd Avg $42.99, 5 Day Rolling Avg $42.09 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,591 *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): 2,099 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 211,113 Kansas 6,125 Minnesota 57,894 Missouri 5,075 Nebraska 28,669 South Dakota 11,552 --------------------------------------------------------------------------------- *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 1100C .