Western Cornbelt Daily Direct Prior Day Purchased Swine
USDA - Wed Sep 13, 8:18AM CDT
LM_HG208
Des Moines, Iowa                Wed, Sep 13, 2017               USDA Market News

WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
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                               14,540          20,441          6,210
  Other Market Formula                     17,258          20,920         15,793
  Swine or Pork Market Formula            100,639         103,071        106,558
  Other Purchase Arrangement               35,406          67,236         37,746
  Negotiated Formula                        1,251             518              0
Packer Sold (all purchase types)           13,542          13,173         11,256
--------------------------------------------------------------------------------
                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        13,061    17,208     98,286     33,746         70    162,371
  Base Price         56.00     60.08      62.24      68.04          *      62.69
Packer Sold
  Head Count                                                              13,224
  Base Price                                                               60.25
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 15,136

Compared to Prior Day's closing weighted average (LM_HG208),  1.20 lower

Base Price Rng $52.00 - $56.50, Wtd Avg $55.82, 5 Day Rolling Avg $58.06
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):  70

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

Barrows & Gilts (carcass basis):  15,206

*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 -8.18          175#   -4.00  2.25          205#    0.00  4.50
    155#   -30.00 -3.82          185#   -1.00  4.00          215#    0.00  4.25
    165#   -15.00 -1.64          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): 106,242

Base Price Range $54.38 - $77.43, Weighted Average $62.08
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,317

Compared to Prior Day's closing weighted average (LM_HG208),   2.68 lower

Price Rng $42.00 - $46.00, Wtd Avg $45.07, 5 Day Rolling Avg $46.98
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,181

*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): 2,498

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

Iowa                103,106             Kansas                 4,454
Minnesota            52,287             Missouri               3,317
Nebraska             12,569             South Dakota           8,153
--------------------------------------------------------------------------------
*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

0800C




.