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USDA National Daily Direct Afternoon Hog Report 06/26 14:50

USDA National Daily Direct Afternoon Hog Report 06/26 14:50

LSDLM_HG217
Des Moines, IA                             Thu, Jun 26, 2025

DAILY DIRECT AFTERNOON 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                                  2,929     2,929     7,012     2,955
 Other Market Formula                       26,698    26,698    29,296    23,070
 Swine/Pork Market Formula                 115,645   115,645   116,895   141,123
 Other Purchase Arrangement                 53,308    53,308    59,608    64,562
 Negotiated Formula                          1,145     1,145       485     1,135
Pack. Sold (all purchase types)             28,135    28,135    28,017    32,313
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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                          1,965                                    
   Lowest Base Price                  102.00                                    
   Highest Base Price                 110.00                                    
   Weighted Average Price             108.00      108.59      108.51            
   Change from Previous Day            -2.51                                    
Negotiated Formula (carcass basis)
   Head Count                            495                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,460                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         27,769      16,097      20,245       7,524
   Lowest Base Price                   72.00                               87.55
   Highest Base Price                 114.57                              113.48
   Weighted Average Price             103.56                              107.00
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        134,284      76,530      90,641      40,056
   Lowest Base Price                  102.11      102.11      102.11      103.54
   Highest Base Price                 116.25      116.25      116.25      114.64
   Weighted Average Price             110.48      110.63      110.55      110.32
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         52,937      26,801      29,837      22,294
   Lowest Base Price                   80.50       80.50       80.50       83.90
   Highest Base Price                 119.93      119.93      119.93      113.89
   Weighted Average Price             106.40      110.07      110.28      100.96
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            917                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            650                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,567                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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#  -27.00 -14.62         175#  -10.80    .00         205#     .00   4.00
    155#  -26.00  -5.00         185#   -1.00    .00         215#   -8.00   4.00
    165#  -26.00    .00         195#     .00   3.00         225#  -30.00   3.50
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.35       
 
Price Range $109.00 - $115.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,615          Colorado                158
Iowa                 79,201          Illinois             16,382
Indiana              15,556          Kansas                1,219
Kentucky              3,174          Michigan              7,832
Minnesota            43,250          Missouri              3,237
Montana                 401          North Carolina        6,361
Nebraska             12,686          Ohio                 17,878
Oklahoma              1,419          Pennsylvania          6,091
South Carolina          175          South Dakota          6,355
Tennessee             2,145          Wisconsin               725

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