Daily Direct Hog Prior Day Net Price Distribution
LM_HG215
Des Moines, IA                  Fri, Feb 23, 2018               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 02/22/2018

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
--------------------------------------------------------------------------------
    -20.00          0        0        0        33          0         0        0
    -18.00          0        0        0        30          0         0        0
    -16.00          0        0        0        52          0         0        0
    -14.00         77        0      168         0          0        77        0
    -12.00          0      346      330         0          0         0        0
    -10.00         18      451      105       384          0        18        0
     -8.00          8      730    1,293       700          0         8        0
     -6.00        470    2,392    5,026     4,985          0       470        0
     -4.00        854    5,817   19,978    12,288          0       854    1,424
     -2.00      1,883   12,875   48,307    28,574          0     1,883    2,956
--------------------------------------------------------------------------------
Weighted
Average       $68.14    $70.68   $69.81    $72.23               $68.14   $69.72
Net Price
--------------------------------------------------------------------------------
      2.00      1,982   23,113   19,538    20,792          0     1,982    1,013
      4.00      2,053    6,844   18,772     5,535          0     2,053      987
      6.00         44    2,083   10,319     4,517          0        44      641
      8.00          0      287    1,315     1,060          0         0        0
     10.00          0        0        0       817          0         0        0
     12.00          0        0      318       503          0         0        0
     14.00          0        0      159     1,017          0         0        0
     16.00          0        0      169       322          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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