Daily Direct Hog Prior Day Net Price Distribution
LM_HG215
Des Moines, IA                  Thu, May 17, 2018               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 05/16/2018

           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       330          0         0        0
    -16.00          0        0       41         0          0         0        0
    -14.00          0        0        0       316          0         0        0
    -12.00          0      689       83       479          0         0        0
    -10.00        338    1,426      423       739          0       338      150
     -8.00        161    1,780    1,211     4,023          0       161      298
     -6.00        537    1,885    2,546    10,593          0       537      953
     -4.00        484    4,238   14,638    11,221          0       484    1,027
     -2.00      1,802    8,141   45,097    20,895          0     1,802    3,382
--------------------------------------------------------------------------------
Weighted
Average       $64.46    $75.64   $67.59    $70.45               $64.46   $66.83
Net Price
--------------------------------------------------------------------------------
      2.00        659   17,606   30,457    14,387          0       659    1,293
      4.00      1,616    6,132   18,445     5,146          0     1,616    3,551
      6.00        631    2,845    2,918     9,889          0       631      177
      8.00         48      710        0     5,077          0        48        0
     10.00        190      359      354     1,281          0       190       92
     12.00          0      323      531     1,912          0         0        0
     14.00          0        0      480       583          0         0        0
     16.00          0        0      169       141          0         0        0
     18.00          0        0        0       185          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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