LM_HG215
Des Moines, IA                  Fri, May 10, 2019               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 05/09/2019

           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        128      490        0         0          0       128        0
    -16.00          0      162        0         0          0         0        0
    -14.00          0      465       60         0          0         0        0
    -12.00         88    1,376       69       223          0        88        0
    -10.00        115    2,908    1,217       954          0       115      309
     -8.00          0    2,402    2,038     6,798          0         0      167
     -6.00        354    1,962    3,141     3,998          0       354      180
     -4.00        358    6,976   12,849    10,941          0       358    1,194
     -2.00        828    9,709   28,811    14,546          0       828    5,643
--------------------------------------------------------------------------------
Weighted
Average       $81.35    $82.04   $82.98    $81.26               $81.35   $84.17
Net Price
--------------------------------------------------------------------------------
      2.00      2,936    6,681   43,738    15,588          0     2,936   10,552
      4.00      1,516    5,431   16,151    14,836          0     1,516      499
      6.00        135    2,919    2,063     6,160          0       135        0
      8.00          0    4,283        0       920          0         0        0
     10.00          0    3,287      151     1,244          0         0        0
     12.00          0    1,205      151       397          0         0        0
     14.00          0      337      430       747          0         0        0
     16.00          0        0        0       520          0         0        0
     18.00          0        0        0         0          0         0        0
     20.00          0        0        0        58          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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