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USDA - AMS: Daily Direct Hog Prior Day Net Price Distribution (2019-05-09)

USDA U.S. Department of Agriculture - May 9, 2019

LM_HG215
Des Moines, IA                  Thu, May 09, 2019               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 05/08/2019

           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          0      324        0         0          0         0        0
    -16.00          0      206        0         0          0         0        0
    -14.00          0      326        0         0          0         0        0
    -12.00         74    1,439      433         0          0        74      165
    -10.00        110    2,685      520     2,686          0       110        0
     -8.00        175    1,230    2,630     4,843          0       175        0
     -6.00        234    2,974    5,121     6,024          0       234      495
     -4.00        539   10,699   12,689     6,792          0       539    1,640
     -2.00      1,225    6,637   25,381    18,568          0     1,225    5,680
--------------------------------------------------------------------------------
Weighted
Average       $81.85    $82.69   $82.78    $80.89               $81.85   $84.20
Net Price
--------------------------------------------------------------------------------
      2.00      3,157    9,741   39,479    14,044          0     3,157    6,580
      4.00      1,356    4,181   18,246    13,026          0     1,356    1,143
      6.00          0    4,051    2,082     5,116          0         0        0
      8.00          0    2,744        0     2,007          0         0      373
     10.00          0    4,144      214       902          0         0        0
     12.00          0    1,500      147       550          0         0        0
     14.00          0        0      213     1,104          0         0        0
     16.00          0        0      357       135          0         0        0
     18.00          0        0        0       163          0         0        0
     20.00          0        0      150         0          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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