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USDA National Daily Direct Morning Hog Report 09/09 11:05

USDA National Daily Direct Morning Hog Report 09/09 11:05

LSDLM_HG216
Des Moines, IA                             Tue, Sep 09, 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                                  7,824     7,324       695     1,640
 Other Market Formula                       24,190    24,050    46,377    18,213
 Swine/Pork Market Formula                 101,201    87,410    91,027    95,379
 Other Purchase Arrangement                 50,289    47,140    61,538    53,304
 Negotiated Formula                            330       330       785        48
Pack. Sold (all purchase types)             20,642    20,642    24,847    28,933
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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                          6,615                                    
   Lowest Base Price                  101.00                                    
   Highest Base Price                 108.00                                    
   Weighted Average Price             106.93      103.77      106.93            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          6,780                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         24,720      15,865      20,170       4,550
   Lowest Base Price                   73.30       73.30       73.30       83.95
   Highest Base Price                 103.09      101.50      101.50      103.09
   Weighted Average Price              92.78       92.02       92.32       94.80
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         97,695      53,839      64,867      29,332
   Lowest Base Price                   91.64       96.25       96.25       91.64
   Highest Base Price                 108.91      108.71      108.71      108.91
   Weighted Average Price             105.29      105.03      104.98      105.78
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         46,897      26,470      28,115      18,293
   Lowest Base Price                   76.90       76.90       76.90       86.21
   Highest Base Price                 112.85      112.85      112.85      108.82
   Weighted Average Price             101.66      101.43      101.57      101.76
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            439                                    
   Lowest Base Price                   71.00                                    
   Highest Base Price                  80.83                                    
   Weighted Average Price              75.99                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            604                                    
   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#  -25.75 -13.00         175#  -10.30  -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
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog4 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.62       
 
Price Range $105.06 - $109.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,178          Iowa                 54,533
Illinois             22,998          Indiana               5,853
Kansas                2,720          Kentucky              1,143
Maryland                157          Michigan              5,460
Minnesota            43,851          Missouri              2,426
North Carolina        6,753          North Dakota            175
Nebraska             10,031          Ohio                 12,200
Oklahoma                908          Pennsylvania          4,323
South Dakota          8,857          Wisconsin               330

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