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USDA - AMS: Daily Direct Hog Prior Day Net Price Distribution (2018-12-18)

USDA U.S. Department of Agriculture - December 18, 2018

LM_HG215
Des Moines, IA                  Tue, Dec 18, 2018               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 12/17/2018

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
--------------------------------------------------------------------------------
    -26.00          0        0        0        42          0         0        0
    -24.00          0        0        0         0          0         0        0
    -22.00          0        0        0         0          0         0        0
    -20.00          0        0        0         0          0         0        0
    -18.00          0        0        0       494          0         0        0
    -16.00          0        0      213       555          0         0        0
    -14.00         22        0      358     3,541          0        22        0
    -12.00          0      801      695     2,944          0         0        0
    -10.00         17      250    3,676     3,354          0        17        0
     -8.00        195    1,281   10,473    12,363          0       195      308
     -6.00        951    3,764   26,938     5,908          0       951      471
     -4.00        827    9,018   24,625     3,151          0       827    1,352
     -2.00      2,170    5,729    6,020    13,814          0     2,170    4,194
--------------------------------------------------------------------------------
Weighted
Average       $47.95    $58.11   $55.45    $62.50               $47.95   $51.52
Net Price
--------------------------------------------------------------------------------
      2.00      1,527    2,333    8,438    15,408          0     1,527      307
      4.00      1,587    3,731    6,620     7,083          0     1,587    1,031
      6.00        962    4,212    5,514     3,602          0       962      574
      8.00          0    2,780    6,174    11,655          0         0        0
     10.00          0    1,734    4,918     4,962          0         0        0
     12.00          0        0    8,362     3,270          0         0        0
     14.00          0      157    5,218     1,280          0         0        0
     16.00          0        0    2,556       217          0         0      162
     18.00          0        0        0     1,042          0         0      165
     20.00          0        0        0       428          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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