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USDA National Daily Direct Hog Prior Day Report 08/22 08:05

USDA National Daily Direct Hog Prior Day Report 08/22 08:05

LM_HG218
Des Moines, IA                             Fri, Aug 22, 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                                            3,762     5,254     4,416
 Other Market Formula                                 18,463    37,584    33,333
 Swine/Pork Market Formula                           126,102   122,795   139,305
 Other Purchase Arrangement                           49,450    47,793    45,678
 Negotiated Formula                                      233       250       979
Pack. Sold (all purchase types)                       30,928    30,037    30,606
================================================================================
                           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        2,546      16,837     121,356      45,875       100   186,714
 Base Price       108.06       89.43      105.17      101.04              102.78
Packer Sold
 Head Count                                                               30,821
 Base Price                                                               104.17
================================================================================

                          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                          4,516                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 111.00                                    
   Weighted Average Price             108.36      108.83      108.45            
Negotiated Formula (carcass basis)
   Head Count                            100                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,616                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         18,917      10,981      17,102       1,815
   Lowest Base Price                   75.75                               78.32
   Highest Base Price                 111.36                               97.52
   Weighted Average Price              89.59                               86.19
Swine/Pork Market Formula (carcass basis)
   Head Count                        143,808      82,467      96,551      44,095
   Lowest Base Price                   86.44       90.41       90.41       86.44
   Highest Base Price                 113.01      113.01      113.01      112.06
   Weighted Average Price             105.19      105.01      105.08      105.10
Other Purchase Arrangement (carcass basis)
   Head Count                         50,831      29,503      32,860      17,157
   Lowest Base Price                   79.08       79.08       79.08       86.79
   Highest Base Price                 115.07      113.57      115.07      106.45
   Weighted Average Price             101.27      102.56      102.64       98.52
Negotiated (live basis)
   Head Count                          1,105                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (live basis)
   Head Count                            133                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,238                                    
   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#  -25.00 -13.00         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         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 Hog212.57 lb carcass .64 inch back-fat 
7.69 square inch loin 2.56 inch loin depth FFLI: 53.34
 
Price Range $107.50 - $115.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                3,691          Iowa                 88,374
Illinois             17,625          Indiana              15,982
Kansas                1,875          Kentucky                518
Michigan              7,811          Minnesota            39,016
Missouri              3,955          Montana                 399
North Carolina        6,710          North Dakota            170
Nebraska             15,519          New York                335
Ohio                 16,105          Oklahoma                908
Pennsylvania          3,679          South Dakota          6,408
Wisconsin               495          
================================================================================

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