Daily Direct Hog Prior Day Net Price Distribution
USDA - Thu Nov 15, 10:13AM CST
LM_HG215
Des Moines, IA                  Thu, Nov 15, 2018               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 11/14/2018

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
--------------------------------------------------------------------------------
    -18.00         32        0        0         0          0        32        0
    -16.00          0       50       39       170          0         0        0
    -14.00          0      180        0       115          0         0        0
    -12.00         17      158      873     2,031          0        17      366
    -10.00         11      284      993     7,611          0        11      164
     -8.00        259      440    5,486     7,966          0       259      643
     -6.00        421    2,456   13,637     7,101          0       421      849
     -4.00        418    4,611   19,830    19,894          0       418    2,968
     -2.00      1,776    7,830   32,787    10,706          0     1,776    3,253
--------------------------------------------------------------------------------
Weighted
Average       $55.95    $57.03   $59.55    $64.56               $55.95   $57.29
Net Price
--------------------------------------------------------------------------------
      2.00      1,847   13,949   14,262    13,511          0     1,847      793
      4.00        765    5,449   14,086     8,049          0       765    1,001
      6.00        606      656    9,871    15,565          0       606    1,340
      8.00          0      494    9,690     2,477          0         0    1,322
     10.00          0      548    3,644     5,776          0         0      657
     12.00          0      336      547     2,972          0         0        0
     14.00          0        0      398     1,357          0         0        0
     16.00          0        0        0       344          0         0        0
     18.00          0        0        0       667          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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