Daily Direct Hog Prior Day Net Price Distribution
USDA - Fri Mar 15, 12:31PM CDT
LM_HG215
Des Moines, IA                  Fri, Mar 15, 2019               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 03/14/2019

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
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    -20.00          0        0        0       157          0         0        0
    -18.00          0        0      330       167          0         0        0
    -16.00          0        0       10     1,020          0         0      109
    -14.00          0        0        0       616          0         0        0
    -12.00          0      176      561     3,198          0         0      149
    -10.00        160      334    1,343     3,525          0       160      160
     -8.00        340    1,713    4,831    11,201          0       340      158
     -6.00        267    2,811   17,864     6,011          0       267      161
     -4.00      1,193    3,978   26,885     9,533          0     1,193      958
     -2.00        800   10,459   22,071    11,225          0       800    3,899
--------------------------------------------------------------------------------
Weighted
Average       $49.20    $63.87   $56.29    $63.76               $49.20   $52.85
Net Price
--------------------------------------------------------------------------------
      2.00        512    5,857   10,284     3,129          0       512    4,416
      4.00        733    2,094    9,034     7,488          0       733      776
      6.00      1,016    2,131   11,839     3,998          0     1,016    1,422
      8.00        370    3,005   11,160    12,961          0       370        0
     10.00          0      930    5,604     4,547          0         0        0
     12.00          0        0    2,302     3,530          0         0        0
     14.00          0        0      325     2,165          0         0        0
     16.00          0        0        0       197          0         0        0
     18.00          0        0        0        59          0         0        0
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NOTE:  This report is derived from the National Prior Day Slaughtered Swine
Report (LM_HG201). The data represents the head count distribution of average
net prices in increments of $2 from the weighted average net price of each
purchase type, which is equal to 0.00.

The combined column contains data from the negotiated and negotiated formula

* Price not reported due to confidentiality. For more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

** Futures/Options

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
1100C

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