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USDA National Daily Direct Afternoon Hog Report 07/16 14:55

USDA National Daily Direct Afternoon Hog Report 07/16 14:55

LSDLM_HG217
Des Moines, IA                             Wed, Jul 16, 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                                  7,680     7,680     8,855     8,795
 Other Market Formula                       28,649    28,649    34,427    23,897
 Swine/Pork Market Formula                 112,460   112,460   126,296   125,233
 Other Purchase Arrangement                 58,585    58,585    62,433    65,553
 Negotiated Formula                          1,330     1,330       660       489
Pack. Sold (all purchase types)             33,835    33,835    31,821    36,267
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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                          8,772                                    
   Lowest Base Price                  101.00                                    
   Highest Base Price                 116.50                                    
   Weighted Average Price             112.72      112.43      112.43            
   Change from Previous Day              .12       -1.05        -.53            
Negotiated Formula (carcass basis)
   Head Count                            660                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          9,432                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         29,180      14,844      19,304       9,876
   Lowest Base Price                   80.68                               81.03
   Highest Base Price                 109.94                              109.94
   Weighted Average Price              96.95                               89.47
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        135,550      78,399      93,163      39,056
   Lowest Base Price                   95.47       95.63       95.63       95.47
   Highest Base Price                 117.46      117.46      117.46      115.60
   Weighted Average Price             105.72      105.85      105.80      105.35
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         58,748      34,147      37,427      20,364
   Lowest Base Price                   79.25       79.25       79.25       85.37
   Highest Base Price                 113.45      113.45      113.45      106.61
   Weighted Average Price             101.68      103.31      103.43       98.23
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            355                                    
   Lowest Base Price                   76.75                                    
   Highest Base Price                  88.40                                    
   Weighted Average Price              83.07                                    
   Change from Previous Day             2.64                                    
Negotiated Formula (live basis)
   Head Count                            670                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,025                                    
   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#  -28.50 -13.00         175#  -11.40    .00         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -25.00  -5.00         195#     .00   3.00         225#     .00   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: 53.26       
 
Price Range $105.00 - $117.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,512          Iowa                 88,689
Illinois             16,559          Indiana              16,396
Kansas                1,557          Kentucky                329
Michigan              7,985          Minnesota            48,192
Missouri              3,173          North Carolina        6,779
North Dakota            170          Nebraska             13,853
Ohio                 21,304          Oklahoma              1,579
Pennsylvania          5,761          South Dakota          6,093
Wisconsin               608          
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