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USDA National Daily Direct Hog Prior Day Report 10/07 07:45

USDA National Daily Direct Hog Prior Day Report 10/07 07:45

LM_HG218
Des Moines, IA                             Tue, Oct 07, 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                                            9,384     7,396     2,887
 Other Market Formula                                 17,960    25,271    42,195
 Swine/Pork Market Formula                           126,141   122,657   121,489
 Other Purchase Arrangement                           60,274    58,982    55,110
 Negotiated Formula                                      463       157     1,753
Pack. Sold (all purchase types)                       30,691    33,444    37,875
================================================================================
                           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        8,466      15,247     120,735      56,267       325   201,040
 Base Price        99.45                   99.21       96.91               98.00
Packer Sold
 Head Count                                                               30,668
 Base Price                                                                99.41
================================================================================

                          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                          8,466                                    
   Lowest Base Price                   90.00                                    
   Highest Base Price                 102.00                                    
   Weighted Average Price              99.45       99.41       99.45            
Negotiated Formula (carcass basis)
   Head Count                            325                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          8,791                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         19,322      12,002      16,947       2,375
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Swine/Pork Market Formula (carcass basis)
   Head Count                        142,474      81,425      98,197      40,365
   Lowest Base Price                   88.42       88.42       88.42       88.42
   Highest Base Price                 105.84      105.28      105.28      105.84
   Weighted Average Price              99.28       98.82       98.81      100.00
Other Purchase Arrangement (carcass basis)
   Head Count                         61,618      40,166      43,334      16,991
   Lowest Base Price                   79.47       79.47       79.47       80.26
   Highest Base Price                 107.56      107.56      107.56      102.75
   Weighted Average Price              97.08       97.24       97.35       95.90
Negotiated (live basis)
   Head Count                            456                                    
   Lowest Base Price                   75.75                                    
   Highest Base Price                  78.45                                    
   Weighted Average Price              76.77                                    
Negotiated Formula (live basis)
   Head Count                            138                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            594                                    
   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 Hog213.54 lb carcass .64 inch back-fat 
7.72 square inch loin 2.57 inch loin depth FFLI: 53.34
 
Price Range $97.50  - $102.48 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                4,015          Iowa                 91,512
Illinois             20,826          Indiana              13,611
Kansas                1,853          Kentucky              1,803
Maryland                161          Michigan              7,754
Minnesota            50,263          Missouri              2,613
Montana                 438          North Carolina        6,959
Nebraska             16,452          Ohio                 13,791
Oklahoma              1,572          Pennsylvania          3,826
South Dakota          7,601          Wisconsin               360

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