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USDA National Daily Direct Afternoon Hog Report 07/15 15:00

USDA National Daily Direct Afternoon Hog Report 07/15 15:00

LSDLM_HG217
Des Moines, IA                             Tue, Jul 15, 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                                 12,210    12,210     5,328    10,703
 Other Market Formula                       26,344    26,344    24,911    31,001
 Swine/Pork Market Formula                 115,184   115,184   110,583   137,553
 Other Purchase Arrangement                232,879   232,879    61,500    64,105
 Negotiated Formula                            485       485       485       333
Pack. Sold (all purchase types)             31,884    31,884    28,927    40,240
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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                         12,537                                    
   Lowest Base Price                   98.00                                    
   Highest Base Price                 116.50                                    
   Weighted Average Price             112.60      113.48      112.96            
   Change from Previous Day             3.02        6.05        3.38            
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                         12,537                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         27,406      14,793      19,907       7,499
   Lowest Base Price                   82.83                               88.65
   Highest Base Price                 108.45                              108.20
   Weighted Average Price             101.22                              104.63
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        132,925      79,738      94,572      35,875
   Lowest Base Price                   95.31       95.31       95.31       96.78
   Highest Base Price                 114.08      114.08      114.08      113.44
   Weighted Average Price             105.18      104.82      104.91      105.75
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        234,249     208,255     210,682      22,593
   Lowest Base Price                   80.07       80.07       80.07       85.37
   Highest Base Price                 113.45      113.45      113.45      107.42
   Weighted Average Price              92.52       91.62       91.78       98.86
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,548                                    
   Lowest Base Price                   75.00                                    
   Highest Base Price                  86.15                                    
   Weighted Average Price              80.43                                    
   Change from Previous Day             -.23                                    
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                          2,033                                    
   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 -13.00         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00 -10.00         185#   -1.50   1.50         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 Hog6 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.36       
 
Price Range $105.50 - $117.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,760          Iowa                265,670
Illinois             16,783          Indiana              14,708
Kansas                1,107          Kentucky              3,421
Maryland                149          Michigan              8,717
Minnesota            49,982          Missouri              4,011
Montana                 222          North Carolina        6,877
Nebraska             12,415          Ohio                 14,293
Oklahoma                892          Pennsylvania          5,495
South Dakota          8,179          Tennessee             2,145
Wisconsin               160          
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