National Daily Direct Hogs Afternoon
USDA - Fri Jul 14, 2:53PM CDT
LM_HG203
Des Moines, Iowa                Fri, Jul 14, 2017               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, July 14, 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                             11,609     11,609      6,664      6,171
  Other Market Formula                   26,606     26,606     60,281     20,186
  Swine or Pork Market Formula          151,357    151,357    165,810     66,915
  Other Purchase Arrangement             69,246     69,246     72,900     20,413
  Negotiated Formula                      1,422      1,422      1,544          0
Packer Sold (all purchase types)         10,793     10,793     11,581      6,714
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 10,414

Compared to Prior Day's closing weighted average (LM_HG200),  0.40 lower

Base Price Rng $81.00 - $87.50, Wtd Avg $86.40, 5 Day Rolling Avg $86.68
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 485

*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): 10,899

*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   84.00  90.98   85.50  92.77   86.50  94.56   87.50  96.35   88.00  98.74
0.5   81.00  90.98   84.00  92.77   86.50  94.56   87.00  96.35   88.00  98.74
0.6   81.00  89.28   84.00  91.07   85.50  92.86   86.50  94.65   87.50  97.03
0.7   81.00  87.58   81.00  89.36   84.00  91.15   86.50  92.94   87.00  95.33
0.8   80.00  86.50   81.00  87.66   84.00  89.50   85.50  91.24   87.00  93.62
0.9   80.00  85.50   81.00  86.50   81.00  87.75   84.00  89.53   86.00  92.00
1.0   78.00  84.50   80.00  85.50   81.00  86.50   84.00  89.50   85.50  91.00
1.1   77.00  82.50   80.00  85.50   81.00  86.50   81.00  86.50   85.00  91.00
1.2   77.00  82.50   78.00  83.50   80.00  85.50   81.00  86.50   83.00  89.50
1.4   66.70  79.00   68.49  82.50   70.28  83.50   72.07  85.50   74.46  86.50
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -8.52          175#   -3.00  2.25          205#   -6.82  4.50
    155#   -30.00  0.00          185#    0.00  4.00          215#   -6.82  4.25
    165#   -15.00  0.00          195#   -1.70  4.50          225#   -6.82  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 199.73 lb carcass, 0.64 inch back-fat,
7.05 square inch loin/2.35 inch loin depth, FFLI: 53.09%

Price Range $86.50 - $94.65
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 150,215

Base Price Range $85.60 - $99.17, Weighted Average $89.61
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,092

Compared to Prior Day's closing weighted average (LM_HG200), 1.18 higher

Price Rng $61.95 - $71.00, Wtd Avg $68.30, 5 Day Rolling Avg $68.50
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 937

*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): 3,029

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

Alabama                 702               Canada                   210
Delaware                 50               Georgia                  330
Iowa                106,964               Illinois              22,511
Indiana              20,318               Kansas                 2,513
Kentucky              2,880               Michigan               2,388
Minnesota            51,247               Missouri               2,764
Montana                 201               North Carolina        10,028
North Dakota            190               Nebraska              17,384
Ohio                 13,621               Oklahoma               2,785
Pennsylvania          3,084               South Carolina           170
South Dakota          8,850               Tennessee                210
Utah                     52               Wisconsin              1,581
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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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