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USDA National Daily Direct Afternoon Hog Report 06/27 14:51

USDA National Daily Direct Afternoon Hog Report 06/27 14:51

LSDLM_HG217
Des Moines, IA                             Fri, Jun 27, 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                                  2,453     2,453     2,306     4,271
 Other Market Formula                       29,448    29,448    21,818    25,534
 Swine/Pork Market Formula                 119,238   119,238   122,973   127,023
 Other Purchase Arrangement                 54,345    54,345    51,284    51,955
 Negotiated Formula                            325       325       490       869
Pack. Sold (all purchase types)             23,965    23,965    26,541    29,223
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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                          1,446                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 110.00                                    
   Weighted Average Price             108.09                                    
   Change from Previous Day              .09                                    
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                          1,446                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         29,668      17,365      23,840       5,828
   Lowest Base Price                   81.73                               88.20
   Highest Base Price                 114.07                              113.33
   Weighted Average Price             104.01                              108.00
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        135,848      76,163      89,590      42,617
   Lowest Base Price                  101.70      103.22      103.22      101.70
   Highest Base Price                 116.20      116.20      116.20      114.89
   Weighted Average Price             109.64      109.55      109.54      109.69
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         52,724      26,207      29,917      21,836
   Lowest Base Price                   80.50       80.50       80.50       83.90
   Highest Base Price                 123.41      123.41      123.41      113.89
   Weighted Average Price             105.89      108.54      108.99      101.40
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            869                                    
   Lowest Base Price                   73.75                                    
   Highest Base Price                  84.95                                    
   Weighted Average Price              80.22                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            325                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,194                                    
   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#  -30.00 -14.62         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#     .00   1.50         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.18       
 
Price Range $107.00 - $116.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,710          Iowa                 82,271
Illinois             17,172          Indiana              17,484
Kansas                1,495          Kentucky              2,278
Michigan              9,446          Minnesota            39,597
Missouri              3,430          Montana                 218
North Carolina        6,503          North Dakota            235
Nebraska             13,585          Ohio                 16,878
Oklahoma                947          Pennsylvania          4,152
South Dakota          7,058          Tennessee             2,145
Wisconsin               170          
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