Minn-Kota Ag Products, Inc. -

Daily Direct Hog Prior Day Net Price Distribution
USDA - Tue Feb 12, 9:50AM CST
LM_HG215
Des Moines, IA                  Tue, Feb 12, 2019               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 02/11/2019

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
--------------------------------------------------------------------------------
    -22.00         23        0        0         0          0        23        0
    -20.00          0        0        0         0          0         0        0
    -18.00          0        0        0         0          0         0        0
    -16.00          0        0        0         0          0         0        0
    -14.00          0        0       80       160          0         0        0
    -12.00          0        0      176     1,860          0         0        0
    -10.00          0      521      992     7,560          0         0        0
     -8.00         68      812    1,616     7,291          0        68        0
     -6.00         48    2,904   12,737    19,599          0        48      326
     -4.00      1,642    5,869   22,292     7,863          0     1,642    1,309
     -2.00      1,957   14,143   25,444     9,194          0     1,957    2,003
--------------------------------------------------------------------------------
Weighted
Average       $51.51    $57.22   $56.07    $62.73               $51.51   $53.33
Net Price
--------------------------------------------------------------------------------
      2.00      1,179    2,408   18,787     7,843          0     1,179    3,097
      4.00      1,234      917   14,410     7,389          0     1,234      988
      6.00        534      612   13,551     3,093          0       534      314
      8.00         57    1,181    6,066     9,374          0        57        0
     10.00          0    2,987      528     8,039          0         0        0
     12.00          0      505        0     1,956          0         0        0
     14.00          0      491        0     2,683          0         0        0
     16.00          0        0        0     1,675          0         0        0
     18.00          0        0        0       325          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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