National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Fri, Oct 06, 2017               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, October 6, 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                              6,890      3,654      3,694      1,863
  Other Market Formula                   26,730     24,058     12,434      2,930
  Swine or Pork Market Formula          115,324    108,667    113,814     40,383
  Other Purchase Arrangement             59,620     55,218     51,541     20,075
  Negotiated Formula                      2,165      1,603      2,208          0
Packer Sold (all purchase types)          9,201      9,201      7,414      3,357
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,372

Compared to Prior Day's closing weighted average (LM_HG200),  1.41 lower

Base Price Rng $50.00 - $52.00, Wtd Avg $50.73, 5 Day Rolling Avg $50.54
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 990

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

Barrows & Gilts (carcass basis): 3,362

*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

*Price not reported due to confidentiality*
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -5.07          175#   -1.35  2.25          205#   -4.06  4.50
    155#   -30.00  0.00          185#    0.00  4.00          215#   -4.06  4.25
    165#   -15.00  0.00          195#   -1.01  4.50          225#   -4.06  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 106,802

Base Price Range $48.12 - $68.38, Weighted Average $56.17
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 910

Compared to Prior Day's closing weighted average (LM_HG200), 1.38 higher

Price Rng $37.00 - $44.00, Wtd Avg $41.62, 5 Day Rolling Avg $38.99
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,443

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

Barrows & Gilts (live basis, 240-320 lbs): 2,353

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

Canada                  664               Iowa                  66,264
Illinois             19,352               Indiana                6,156
Kansas                3,651               Kentucky               1,765
Maryland                 99               Michigan               3,294
Minnesota            38,346               Missouri               1,363
North Carolina       13,091               North Dakota             375
Nebraska             17,992               New York                 170
Ohio                 14,649               Oklahoma               3,441
Pennsylvania          3,566               South Carolina           340
South Dakota          7,504               Wisconsin                314
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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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