LM_HG215
Des Moines, IA                  Thu, Oct 19, 2017               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 10/18/2017

           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          0        0        0       179          0         0        0
    -16.00          0       49        0         0          0         0        0
    -14.00          0      153        0         0          0         0      400
    -12.00          0      153      145         0          0         0        0
    -10.00          0        0      652     1,366          0         0        0
     -8.00        817      288    1,917     9,875          0       817      461
     -6.00        326    1,814    6,753     7,057          0       326      781
     -4.00      1,142    6,147   23,022    10,698          0     1,142    2,386
     -2.00      2,111   13,152   46,260    19,098          0     2,111    3,175
--------------------------------------------------------------------------------
Weighted
Average       $58.76    $63.32   $64.06    $67.15          *    $58.76   $63.14
Net Price
--------------------------------------------------------------------------------
      2.00        578   12,862   24,242    13,642          0       578    2,312
      4.00      1,229    3,728   12,993     6,604          0     1,229    4,212
      6.00      1,361    2,002   11,294     6,409          0     1,361      548
      8.00        194    1,001    3,507     3,892          0       194      395
     10.00          0      704    1,399     2,192          0         0        0
     12.00         31        0      167     3,045          0        31      103
     14.00         10        0      470       438          0        10        0
     16.00          0        0      330       894          0         0        0
     18.00          0        0        0       179          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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