LM_HG215
Des Moines, IA                  Wed, May 01, 2019               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 04/30/2019

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
--------------------------------------------------------------------------------
    -22.00          0        0       30         0          0         0        0
    -20.00          0      355        0         0          0         0        0
    -18.00          0    1,159        0         0          0         0        0
    -16.00          0    1,420        0         0          0         0        0
    -14.00          0    1,302       10         0          0         0        0
    -12.00         42    1,023      171       159          0        42        0
    -10.00          0      722      770       669          0         0      321
     -8.00        231    2,232    2,037     3,767          0       231      323
     -6.00        295    1,910    4,397    14,549          0       295      988
     -4.00        606    3,879   13,029     6,675          0       606      795
     -2.00        939    3,018   23,170    12,368          0       939    3,048
--------------------------------------------------------------------------------
Weighted
Average       $82.78    $83.15   $83.40    $80.50               $82.78   $84.27
Net Price
--------------------------------------------------------------------------------
      2.00      2,577    6,297   40,533    15,882          0     2,577    4,961
      4.00        827    8,072   19,413    18,831          0       827    1,696
      6.00        325    7,321      946     5,035          0       325        0
      8.00          0    1,776      100     2,010          0         0      393
     10.00          0    3,024        0     1,368          0         0      378
     12.00          0    1,400      200       351          0         0        0
     14.00          0       89        0       688          0         0        0
     16.00          0        0      199         0          0         0        0
     18.00          0        0        0       216          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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