LM_HG211 Des Moines, Iowa Wed, Oct 18, 2017 USDA Market News WESTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 18, 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 4,745 1,830 5,992 1,754 Other Market Formula (Futures/Options) 17,058 16,267 16,800 6,127 Swine or Pork Market Formula 79,078 72,972 66,140 74,396 Other Purchase Arrangement 32,181 31,499 31,096 36,026 Negotiated Formula 0 0 0 0 Packer Sold (all purchase types) 8,362 8,362 8,839 9,425 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,447 Compared to Prior Day's closing weighted average (LM_HG208), 0.71 higher Base Price Rng $53.00 - $63.50, Wtd Avg $61.76, 5 Day Rolling Avg $59.82 -------------------------------------------------------------------------------- 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): 3,447 *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# -32.00 -14.62 175# -4.00 2.25 205# 0.00 4.50 155# -30.00 -11.82 185# -1.00 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): 83,783 Base Price Range $55.74 - $70.34, Weighted Average $62.18 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 50 *Price not reported due to confidentiality* 5 Day Rolling Avg $43.95 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 891 *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): 941 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 82,043 Kansas 4,005 Minnesota 34,415 Missouri 4,916 Nebraska 14,568 South Dakota 6,531 --------------------------------------------------------------------------------- *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 .