LM_HG215
Des Moines, IA                  Fri, May 03, 2019               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 05/02/2019

           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      199        0         0          0         0        0
    -20.00         86      151        0         0          0        86        0
    -18.00          0      305        0         0          0         0        0
    -16.00          0    1,534        0         0          0         0        0
    -14.00          0      294      202         0          0         0        0
    -12.00          0      848      723       363          0         0        0
    -10.00          0      674      410     1,504          0         0      327
     -8.00         30    3,479    2,551     1,572          0        30      164
     -6.00        230    4,371    7,355     7,760          0       230      190
     -4.00          3   11,981   15,938    13,356        145       315      945
     -2.00      1,838    1,785   21,153    10,788        333     2,004    5,000
--------------------------------------------------------------------------------
Weighted
Average       $82.89    $83.28   $82.95    $80.65     $82.56    $82.85   $84.88
Net Price
--------------------------------------------------------------------------------
      2.00      2,886    3,411   28,237    14,672          0     2,886   10,483
      4.00        462    4,050   28,710    11,585        322       784      621
      6.00          0    5,254    4,295     4,662          0         0        0
      8.00          0    3,098      496     2,525          0         0        0
     10.00         54    5,337      250     1,692          0        54        0
     12.00          0    2,209        0       230          0         0        0
     14.00          0      157      143       590          0         0        0
     16.00          0        0        0       173          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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