LM_HG212 Des Moines, Iowa Thu, Nov 16, 2017 USDA Market News WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, November 16, 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 2,772 2,772 4,234 7,754 Other Market Formula (Futures/Options) 21,069 21,069 31,665 25,359 Swine or Pork Market Formula 101,388 101,388 101,422 94,308 Other Purchase Arrangement 35,601 35,601 30,449 33,020 Negotiated Formula 225 225 0 0 Packer Sold (all purchase types) 9,413 9,413 8,057 15,136 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,517 Compared to Prior Day's closing weighted average (LM_HG208), 0.84 lower Base Price Rng $52.00 - $58.25, Wtd Avg $57.34, 5 Day Rolling Avg $58.81 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 877 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,394 *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 -8.74 175# -4.00 2.25 205# 0.00 4.50 155# -30.00 -4.08 185# -1.00 4.00 215# 0.00 4.25 165# -15.00 -1.75 195# 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): 108,616 Base Price Range $56.11 - $76.40, Weighted Average $63.24 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 95 *Price not reported due to confidentiality* 5 Day Rolling Avg $44.30 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,106 *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): 1,201 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 102,848 Kansas 2,307 Minnesota 46,853 Missouri 4,360 Nebraska 15,341 South Dakota 6,482 --------------------------------------------------------------------------------- *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 .