LM_HG215
Des Moines, IA                  Thu, May 02, 2019               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 05/01/2019

           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       80        0         0          0         0        0
    -18.00          0      438        0         0          0         0        0
    -16.00          0    1,282        0         0          0         0        0
    -14.00          0    1,070        0         0          0         0        0
    -12.00          0      797        0       329          0         0      159
    -10.00         15    1,714      528     1,154          0        15      234
     -8.00        362    1,556    1,820     3,391          0       362      329
     -6.00         65    4,785    8,483     9,778          0        65      333
     -4.00        511   11,217   14,906     6,869          0       511    1,537
     -2.00      2,387    3,717   23,752    15,604          0     2,387    5,359
--------------------------------------------------------------------------------
Weighted
Average       $83.22    $82.86   $83.09    $80.45               $83.22   $84.97
Net Price
--------------------------------------------------------------------------------
      2.00      2,405    5,780   30,734    15,174          0     2,405    9,773
      4.00        582    8,936   23,814    13,754          0       582    1,448
      6.00        494    4,528    3,883     4,884          0       494        0
      8.00          0    4,224      156     2,783          0         0      187
     10.00          0    1,760        0     1,500          0         0      147
     12.00          0    3,250      150       175          0         0        0
     14.00          0       73      141       508          0         0        0
     16.00          0        0        0         0          0         0        0
     18.00          0        0      133       222          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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