National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Fri, Oct 13, 2017               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, October 12, 2017

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                8,449          12,111          6,741
  Other Market Formula                     50,352         112,298         30,636
  Swine or Pork Market Formula            150,581         137,158        152,758
  Other Purchase Arrangement               66,725          63,316         56,522
  Negotiated Formula                        1,750           2,116          2,911
Packer Sold (all purchase types)           12,533          14,971         17,030
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                NEGOTIATED     OTHER       SWINE       OTHER NEGOTIATED  TOTALS/
                              MARKET     OR PORK    PURCHASE    FORMULA  WTD AVG
                             FORMULA      MARKET    ARRGMENT
                                         FORMULA
Barrows & Gilts (carcass basis):

Producer Sold
  Head Count         6,573    49,493     141,615      64,675        362  262,718
  Base Price         56.51     62.73       58.41       63.42          *    60.33
Packer Sold
  Head Count                                                              12,026
  Base Price                                                               57.98
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   6,573

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 2.11 lower to 3.88 higher, mostly 0.50 to 3.75 higher. Slow market
activity with light to moderate demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.68 higher

Base Price Rng $52.00 - $58.50, Wtd Avg $56.51, 5 Day Rolling Avg $54.93
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   1,172

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   7,745

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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                NATIONAL 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   55.00  60.00   56.50  61.50   57.50  61.50   58.00  63.00   58.00  63.52
0.5   52.00  58.54   55.00  60.00   57.50  60.84   58.00  61.99   58.00  63.52
0.6   52.00  58.50   55.00  58.59   56.50  60.00   57.50  60.89   58.00  62.43
0.7   52.00  57.00   52.00  57.50   55.00  58.65   57.00  59.80   58.00  61.33
0.8   51.00  56.00   52.00  57.00   55.00  57.55   55.50  58.70   57.00  60.24
0.9   51.00  55.00   52.00  56.00   52.00  56.50   55.00  57.61   55.50  59.50
1.0   49.00  54.00   51.00  55.00   52.00  56.00   54.50  57.00   55.50  58.50
1.1   48.00  52.00   50.50  53.00   52.00  55.50   52.00  56.50   54.50  57.50
1.2   48.00  50.04   48.50  51.19   50.50  55.00   50.50  56.00   52.50  57.00
1.4   42.50  44.50   44.07  48.00   45.22  51.00   46.37  55.00   47.90  56.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -5.48          175#   -4.00  2.25          205#   -4.38  4.50
    155#   -30.00  0.00          185#   -1.00  4.00          215#   -4.38  4.25
    165#   -15.00  0.00          195#   -1.10  4.50          225#   -4.38  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 206.10 lb carcass, 0.67 inch back-fat,
7.33 square inch loin/2.44 inch loin depth, FFLI: 52.74%

Price Range $57.00 - $59.80
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 149,874

Base Price Range $51.24 - $69.31, Weighted Average $58.36
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,530

Compared to Prior Day's closing weighted average (LM_HG200),  0.14 lower

Price Rng $40.00 - $45.00, Wtd Avg $42.57, 5 Day Rolling Avg $42.90
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,388

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,918

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Canada                  210             Colorado                 160
Iowa                100,609             Illinois              23,778
Indiana              19,227             Kansas                 4,091
Kentucky              2,090             Maryland                 163
Michigan             12,154             Minnesota             45,784
Missouri              3,145             North Carolina        15,721
North Dakota            385             Nebraska              20,808
New York                342             Ohio                  25,793
Oklahoma              3,628             Pennsylvania           4,180
South Carolina          340             South Dakota           6,397
Wisconsin             1,385
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*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
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