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USDA National Daily Direct Afternoon Hog Report 06/18 15:00

USDA National Daily Direct Afternoon Hog Report 06/18 15:00

LSDLM_HG217
Des Moines, IA                             Wed, Jun 18, 2025

DAILY DIRECT AFTERNOON HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                         Estimated    Actual    Actual    Actual
                                             Today     Today  Week Ago  Year Ago
Producer Sold
 Negotiated                                 14,799    14,799     8,077     8,993
 Other Market Formula                       33,472    33,472    52,436    24,760
 Swine/Pork Market Formula                 121,504   121,504   129,167   133,863
 Other Purchase Arrangement                284,026   284,026    58,521    63,841
 Negotiated Formula                            651       651       815     1,879
Pack. Sold (all purchase types)             33,914    33,914    33,414    25,077
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                         15,432                                    
   Lowest Base Price                  102.00                                    
   Highest Base Price                 115.00                                    
   Weighted Average Price             114.07      114.19      114.26            
   Change from Previous Day             4.83        4.36        4.34            
Negotiated Formula (carcass basis)
   Head Count                            166                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                         15,598                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         34,266      14,585      27,084       7,182
   Lowest Base Price                   78.07                               85.85
   Highest Base Price                 113.40                              113.05
   Weighted Average Price              99.56                               92.70
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        141,014      81,541      95,134      41,860
   Lowest Base Price                   98.45       98.45       98.45       99.95
   Highest Base Price                 114.92      114.92      114.92      113.00
   Weighted Average Price             106.48      106.55      106.54      106.48
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        287,003     261,998     265,336      20,849
   Lowest Base Price                   80.43                               80.43
   Highest Base Price                 116.74                              110.78
   Weighted Average Price              92.25                              100.48
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,158                                    
   Lowest Base Price                   74.50                                    
   Highest Base Price                  85.85                                    
   Weighted Average Price              80.10                               80.36
   Change from Previous Day            -1.62                                1.06
Negotiated Formula (live basis)
   Head Count                            485                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,643                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) DAILY 
DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
       based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
 
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                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -30.00 -13.00         175#  -11.30   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   1.50         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog5 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.75       
 
Price Range $108.18 - $119.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,884          Iowa                319,202
Illinois             18,239          Indiana              16,844
Kansas                7,844          Kentucky              1,249
Michigan              7,035          Minnesota            53,325
Missouri              2,889          North Carolina        6,574
North Dakota            175          Nebraska             14,057
Ohio                 21,214          Oklahoma              1,575
Pennsylvania          5,529          South Dakota          8,071
Wisconsin               660          
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