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Does LGM for Swine use the price the producer actually receives at the market?

April 26, 2017actually lgm market price producer swine

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Does LGM for Swine use the price the producer actually receives at the market?

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No. The prices for LGM for Swine are based on simple averages of futures contract daily settlement prices plus a fixed basis and are not based on the actual prices the producer receives at the market.