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USDA National Daily Direct Hog Prior Day Report 06/19 07:50

USDA National Daily Direct Hog Prior Day Report 06/19 07:50

LM_HG218
Des Moines, IA                             Thu, Jun 19, 2025

DAILY DIRECT PRIOR DAY HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                                      Actual    Actual    Actual
                                                       Today  Week Ago  Year Ago
                                                      --------------------------
Producer Sold
 Negotiated                                           13,974     6,657     7,632
 Other Market Formula                                 34,922    53,495    26,171
 Swine/Pork Market Formula                           119,551   129,392   127,805
 Other Purchase Arrangement                          283,170    53,700    54,026
 Negotiated Formula                                      647       651     1,414
Pack. Sold (all purchase types)                       31,427    30,616    33,100
================================================================================
                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count       13,322      31,572     114,814     280,401       166   440,275
 Base Price       114.33       98.64      107.18       92.07               97.16
Packer Sold
 Head Count                                                               31,253
 Base Price                                                               107.46
================================================================================

                          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                         15,242                                    
   Lowest Base Price                  102.00                                    
   Highest Base Price                 115.00                                    
   Weighted Average Price             114.41      114.54      114.61            
Negotiated Formula (carcass basis)
   Head Count                            166                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                         15,408                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         34,245      13,779      26,241       8,004
   Lowest Base Price                   78.07                               85.85
   Highest Base Price                 113.92                              112.90
   Weighted Average Price              99.77                               94.02
Swine/Pork Market Formula (carcass basis)
   Head Count                        138,054      80,083      94,583      40,122
   Lowest Base Price                   99.42       99.70       99.42       99.95
   Highest Base Price                 119.26      119.26      119.26      117.57
   Weighted Average Price             107.02      107.22      107.21      106.72
Other Purchase Arrangement (carcass basis)
   Head Count                        283,821     261,835     264,803      18,200
   Lowest Base Price                   80.44                               81.10
   Highest Base Price                 117.49                              110.58
   Weighted Average Price              92.25                              101.35
Negotiated (live basis)
   Head Count                            366                                    
   Lowest Base Price                   71.75                                    
   Highest Base Price                  85.00                                    
   Weighted Average Price              78.74                               78.92
Negotiated Formula (live basis)
   Head Count                            481                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            847                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 - 
2.7 inches)
 
================================================================================
                          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
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog212.48 lb carcass .64 inch back-fat 
8.09 square inch loin 2.69 inch loin depth FFLI: 53.57
 
Price Range $108.18 - $119.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                3,855          Iowa                318,627
Illinois             18,784          Indiana              15,971
Kansas                7,834          Kentucky              1,350
Michigan              5,827          Minnesota            51,087
Missouri              3,095          North Carolina        6,725
Nebraska             14,229          Ohio                 20,487
Oklahoma              1,270          Pennsylvania          4,191
South Dakota          9,539          Wisconsin               820

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