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USDA National Daily Direct Afternoon Hog Report 07/14 14:55

USDA National Daily Direct Afternoon Hog Report 07/14 14:55

LSDLM_HG217
Des Moines, IA                             Mon, Jul 14, 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                                  3,514     3,514     1,596     2,411
 Other Market Formula                       29,632    29,632    39,119    27,395
 Swine/Pork Market Formula                 123,668   123,668   133,344   135,066
 Other Purchase Arrangement                 78,547    78,547    95,204    84,735
 Negotiated Formula                            120       120       287       435
Pack. Sold (all purchase types)             42,339    42,339    41,486    34,524
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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                          2,985                                    
   Lowest Base Price                   97.00                                    
   Highest Base Price                 113.50                                    
   Weighted Average Price             109.58      107.43      109.58            
   Change from Previous Day             2.89        -.73        2.26            
Negotiated Formula (carcass basis)
   Head Count                            120                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          3,105                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         29,418      16,975      21,521       7,897
   Lowest Base Price                   82.83                               85.20
   Highest Base Price                 108.47                              107.98
   Weighted Average Price             101.76                              103.67
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        145,681      87,700     102,032      40,308
   Lowest Base Price                   91.99       95.01       95.01       91.99
   Highest Base Price                 114.61      113.78      113.78      114.61
   Weighted Average Price             105.08      104.85      104.96      105.15
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         87,755      51,196      59,048      27,730
   Lowest Base Price                   76.61       79.25       79.25       76.61
   Highest Base Price                 113.96      113.96      113.96      107.16
   Weighted Average Price             100.02      101.01      101.85       95.85
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            529                                    
   Lowest Base Price                   79.25                                    
   Highest Base Price                  82.82                                    
   Weighted Average Price              80.66                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            529                                    
   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#  -25.00 -13.00         175#   -4.00  -1.35         205#     .00   4.00
    155#  -25.00  -9.00         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: 53.24       
 
Price Range $104.00 - $113.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,059          Iowa                 98,512
Illinois             17,553          Indiana              20,786
Kansas                1,587          Kentucky              4,559
Michigan              7,593          Minnesota            60,769
Missouri              3,616          Montana                 440
North Carolina        7,200          North Dakota            159
Nebraska             16,192          Ohio                 19,391
Oklahoma              1,257          Pennsylvania          4,864
South Dakota          8,480          Tennessee             1,320
Wisconsin               483          
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