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USDA National Daily Direct Afternoon Hog Report 08/21 14:50

USDA National Daily Direct Afternoon Hog Report 08/21 14:50

LSDLM_HG217
Des Moines, IA                             Thu, Aug 21, 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                                  3,488     3,488     7,716     2,645
 Other Market Formula                       17,113    17,113    34,057    26,987
 Swine/Pork Market Formula                 123,838   123,838   121,415   143,265
 Other Purchase Arrangement                 57,165    57,165    59,001    58,922
 Negotiated Formula                            365       365       350       813
Pack. Sold (all purchase types)             37,763    37,763    34,167    38,631
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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                          2,696                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 111.00                                    
   Weighted Average Price             108.35      109.09      108.51            
   Change from Previous Day            -1.46        -.85       -1.39            
Negotiated Formula (carcass basis)
   Head Count                            200                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,896                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         18,450      13,410      17,140       1,310
   Lowest Base Price                   79.55       79.55                   80.78
   Highest Base Price                 110.74      110.74                   97.52
   Weighted Average Price              91.42       91.53                   90.30
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        146,725      84,869      98,297      44,723
   Lowest Base Price                   86.44       94.42       94.42       86.44
   Highest Base Price                 115.80      115.80      115.80      112.81
   Weighted Average Price             105.59      105.49      105.45      105.55
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         59,860      32,957      36,649      22,397
   Lowest Base Price                   71.99       71.99       71.99       86.79
   Highest Base Price                 116.67      116.67      116.67      106.45
   Weighted Average Price             101.04      103.03      103.14       97.52
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,331                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,496                                    
   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#   -4.00   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 Hog3 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.03       
 
Price Range $107.00 - $114.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,538          Colorado                160
Iowa                 91,474          Illinois             16,879
Indiana              14,377          Kansas                1,041
Kentucky                696          Michigan              9,252
Minnesota            42,731          Missouri              3,594
Montana                 400          North Carolina        6,564
Nebraska             13,137          New York                500
Ohio                 21,052          Oklahoma              1,465
Pennsylvania          5,568          South Carolina          165
South Dakota          6,514          Wisconsin               625

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