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USDA National Daily Direct Morning Hog Report 07/08 11:00

USDA National Daily Direct Morning Hog Report 07/08 11:00

LSDLM_HG216
Des Moines, IA                             Tue, Jul 08, 2025

DAILY DIRECT MORNING 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                                  2,163     1,663     1,691     3,165
 Other Market Formula                       22,170    21,330    16,015    21,289
 Swine/Pork Market Formula                  89,429    77,701    76,466    85,324
 Other Purchase Arrangement                 52,910    50,152    48,242    44,547
 Negotiated Formula                            485       485       645       190
Pack. Sold (all purchase types)             20,628    20,628    21,911    23,985
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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                          1,055                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,055                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         19,663      10,676      13,183       6,480
   Lowest Base Price                   78.42                               78.42
   Highest Base Price                 110.61                              109.23
   Weighted Average Price             101.37                              102.35
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         89,904      51,393      60,175      27,185
   Lowest Base Price                   94.46       94.46       94.46       95.63
   Highest Base Price                 115.53      115.53      115.53      112.51
   Weighted Average Price             105.63      105.33      105.44      105.58
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         51,244      33,325      34,165      16,264
   Lowest Base Price                   79.60       79.60       79.60       85.37
   Highest Base Price                 112.14      112.14      112.14      106.11
   Weighted Average Price             101.60      103.02      103.01       98.35
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            608                                    
   Lowest Base Price                   77.50                                    
   Highest Base Price                  86.35                                    
   Weighted Average Price              80.88                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            485                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,093                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) 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#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,500          Iowa                 61,469
Illinois             16,083          Indiana               5,473
Kansas                1,346          Kentucky              1,250
Maryland                146          Michigan              6,345
Minnesota            35,599          Missouri              2,766
North Carolina        6,485          Nebraska              7,981
Ohio                 12,371          Oklahoma                944
Pennsylvania          4,593          South Dakota          1,988
Tennessee             2,970          Wisconsin               485
Wyoming                 165          
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