Daily Direct Hog Prior Day Net Price Distribution
LM_HG215
Des Moines, IA                  Wed, Mar 14, 2018               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 03/13/2018

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
--------------------------------------------------------------------------------
    -16.00          0        0      162         0          0         0        0
    -14.00          6        0      169         0          0         6        0
    -12.00         14        0      340         0          0        14        0
    -10.00          0      159      644     1,599          0         0        0
     -8.00        707      254    1,388     2,248          0       707        0
     -6.00        351    2,142    5,352     7,186          0       351      306
     -4.00        603    6,298   19,202    15,005          0       603    2,087
     -2.00      1,921   14,971   41,631    26,506          0     1,921    3,236
--------------------------------------------------------------------------------
Weighted
Average       $63.07    $69.34   $66.37    $69.64               $63.07   $65.72
Net Price
--------------------------------------------------------------------------------
      2.00      1,839    4,498   27,874    16,307          0     1,839    2,125
      4.00      1,251    3,813   22,902    18,065          0     1,251    1,153
      6.00      1,024    1,328    6,363     4,850          0     1,024      950
      8.00         18    3,334      526     3,138          0        18        0
     10.00          0        0      221       575          0         0        0
     12.00          0        0      364     1,356          0         0        0
     14.00          0        0      540         0          0         0        0
     16.00          0        0      152         0          0         0        0
     18.00          0        0      204       169          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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