Daily Direct Hog Prior Day Net Price Distribution
LM_HG215
Des Moines, IA                  Wed, May 16, 2018               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 05/15/2018

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
--------------------------------------------------------------------------------
    -20.00          0        0        0         8          0         0        0
    -18.00          0        0        0         0          0         0        0
    -16.00          0        0        0         6          0         0        0
    -14.00          0        0        0       161          0         0        0
    -12.00          0      510       20       489          0         0        0
    -10.00          0    2,655      334       216          0         0      166
     -8.00          0    6,649      354     4,445          0         0      162
     -6.00        329    1,875    3,520    11,895          0       329      315
     -4.00        598    1,546   15,090    17,804          0       598      152
     -2.00      2,130    3,393   45,715    18,142          0     2,130    3,631
--------------------------------------------------------------------------------
Weighted
Average       $64.55    $73.51   $66.69    $70.07               $64.55   $66.65
Net Price
--------------------------------------------------------------------------------
      2.00        978    3,927   33,946    12,035          0       978    2,625
      4.00        709    8,680   16,286    16,691          0       709      819
      6.00        404    5,365    4,047    10,249          0       404      420
      8.00        101    2,504      180     4,388          0       101        0
     10.00          0      803        0     1,823          0         0      199
     12.00          0      981      522       557          0         0        0
     14.00          0      182        0       220          0         0        0
     16.00          0        0      176         0          0         0        0
     18.00          0        0        0       178          0         0        0
--------------------------------------------------------------------------------
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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