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USDA National Daily Direct Hog Prior Day Report 09/17 07:50

USDA National Daily Direct Hog Prior Day Report 09/17 07:50

LM_HG218
Des Moines, IA                             Wed, Sep 17, 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                                           14,383    15,843     5,940
 Other Market Formula                                 20,458    37,554    24,116
 Swine/Pork Market Formula                           137,013   129,693   134,092
 Other Purchase Arrangement                           62,395    60,812    56,922
 Negotiated Formula                                      641       333     3,009
Pack. Sold (all purchase types)                       32,351    29,793    35,047
================================================================================
                           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       13,240      17,145     131,942      58,504       320   221,151
 Base Price       106.99       91.82      103.95      100.79              102.36
Packer Sold
 Head Count                                                               32,185
 Base Price                                                               103.25
================================================================================

                          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                         17,400                                    
   Lowest Base Price                   98.00                                    
   Highest Base Price                 108.00                                    
   Weighted Average Price             106.36      106.42      106.56            
Negotiated Formula (carcass basis)
   Head Count                            320                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                         17,720                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         19,705      12,408      16,441       3,264
   Lowest Base Price                   73.72       73.72                   89.03
   Highest Base Price                 102.68      101.32                  102.68
   Weighted Average Price              92.62       91.43                   95.68
Swine/Pork Market Formula (carcass basis)
   Head Count                        152,624      85,462     101,571      46,580
   Lowest Base Price                   94.32       95.82       95.82       94.32
   Highest Base Price                 111.10      111.10      111.10      110.24
   Weighted Average Price             103.96      103.75      103.74      104.19
Other Purchase Arrangement (carcass basis)
   Head Count                         63,287      37,321      41,133      20,860
   Lowest Base Price                   74.84       76.96       76.96       74.84
   Highest Base Price                 113.20      113.20      113.20      107.07
   Weighted Average Price             100.87      101.52      101.52       99.25
Negotiated (live basis)
   Head Count                            911                                    
   Lowest Base Price                   74.25                                    
   Highest Base Price                  83.35                                    
   Weighted Average Price              79.94                                    
Negotiated Formula (live basis)
   Head Count                            321                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,232                                    
   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#  -26.50 -13.00         175#  -10.60  -1.35         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog215.77 lb carcass .63 inch back-fat 
8.15 square inch loin 2.71 inch loin depth FFLI: 53.71
 
Price Range $105.50 - $111.50 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
California               70          Canada                5,573
Iowa                 98,433          Illinois             23,977
Indiana              16,542          Kansas                1,565
Kentucky                870          Michigan              8,016
Minnesota            53,609          Missouri              2,906
Montana                 227          North Carolina        6,563
North Dakota            170          Nebraska             15,987
New York                170          Ohio                 17,620
Oklahoma              1,254          Pennsylvania          4,503
South Carolina          150          South Dakota          7,619
Wisconsin             1,417          
================================================================================

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