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

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, September 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                               20,106          26,712         11,565
  Other Market Formula                     25,068          28,912         28,514
  Swine or Pork Market Formula            146,323         145,422        143,700
  Other Purchase Arrangement               63,534         103,067         72,823
  Negotiated Formula                        2,098           2,049              0
Packer Sold (all purchase types)           14,371          13,874         16,722
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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        17,401    24,415     136,314      60,457         70  238,657
  Base Price         56.06     59.58       62.17       68.78          *    63.12
Packer Sold
  Head Count                                                              13,674
  Base Price                                                               60.60
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   19,476

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 3.54 lower to 1.71 higher, mostly 1.00 to 1.50 lower. Active market 
activity with moderate to good demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.25 lower

Base Price Rng $52.00 - $56.50, Wtd Avg $55.91, 5 Day Rolling Avg $58.28
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   70

*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):   19,546

*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  60.01   56.50  61.19   57.50  62.37   58.25  63.55   58.25  65.12
0.5   52.00  60.01   55.00  61.19   57.50  62.37   58.00  63.55   58.25  65.12
0.6   52.00  58.89   55.00  60.07   56.50  61.25   57.50  62.43   58.25  64.00
0.7   52.00  57.76   52.00  58.94   55.00  60.12   57.00  61.30   58.00  62.88
0.8   51.00  56.64   52.00  57.82   55.00  59.00   55.50  60.18   57.00  61.75
0.9   51.00  55.52   52.00  56.70   52.00  57.88   55.00  59.06   55.50  60.63
1.0   49.00  54.39   51.00  55.57   52.00  56.75   54.50  58.00   55.50  59.51
1.1   48.00  52.99   50.50  54.17   52.00  56.00   52.00  57.00   54.50  59.50
1.2   48.00  51.30   48.50  52.48   50.50  55.50   50.50  56.50   52.50  58.00
1.4   42.50  47.50   45.18  51.00   45.50  52.00   47.54  55.50   48.50  56.50
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -5.62          175#   -4.00  2.25          205#   -4.50  4.50
    155#   -30.00  0.00          185#   -1.00  4.00          215#   -4.50  4.25
    165#   -15.00  0.00          195#   -1.12  4.50          225#   -4.50  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.70 lb carcass, 0.66 inch back-fat,
7.14 square inch loin/2.38 inch loin depth, FFLI: 52.80%

Price Range $57.00 - $61.30
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 144,720

Base Price Range $54.38 - $77.58, Weighted Average $62.09
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,922

Compared to Prior Day's closing weighted average (LM_HG200),  0.85 lower

Price Rng $41.50 - $51.50, Wtd Avg $45.65, 5 Day Rolling Avg $46.99
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,883

*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): 3,805

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

Alabama                 259             California               403
Canada                  275             Georgia                  165
Iowa                103,106             Illinois              21,924
Indiana              18,797             Kansas                 4,454
Kentucky              1,509             Maryland                 100
Michigan              7,712             Minnesota             52,287
Missouri              3,317             Mississippi              698
Montana               1,046             North Carolina        14,869
North Dakota             47             Nebraska              12,569
New York                484             Ohio                  12,592
Oklahoma              2,114             Pennsylvania           3,937
South Carolina          510             South Dakota           8,153
Utah                    379             Wisconsin              1,044
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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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