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USDA National Daily Direct Afternoon Hog Report 07/18 14:55

USDA National Daily Direct Afternoon Hog Report 07/18 14:55

LSDLM_HG217
Des Moines, IA                             Fri, Jul 18, 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                                  2,471     2,471     2,408     2,916
 Other Market Formula                       20,501    20,501    38,016    20,940
 Swine/Pork Market Formula                 118,719   118,719   117,060   121,430
 Other Purchase Arrangement                 53,006    53,006    53,077    49,506
 Negotiated Formula                            170       170                 265
Pack. Sold (all purchase types)             23,424    23,424    21,506    21,170
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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                          1,460                                    
   Lowest Base Price                   98.00                                    
   Highest Base Price                 112.00                                    
   Weighted Average Price             105.55                  106.14            
   Change from Previous Day            -5.15                   -4.82            
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                          1,460                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         19,997      13,930      17,715       2,282
   Lowest Base Price                   82.83                                    
   Highest Base Price                 110.39                                    
   Weighted Average Price             100.02                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        133,907      71,622      85,361      45,525
   Lowest Base Price                   96.08       96.08       96.08       98.78
   Highest Base Price                 116.45      115.46      115.46      116.45
   Weighted Average Price             106.61      106.59      106.65      106.47
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         52,273      25,311      28,856      22,436
   Lowest Base Price                   80.07       80.07       80.07       85.37
   Highest Base Price                 114.98      114.98      114.98      112.70
   Weighted Average Price             103.07      104.97      105.20      100.10
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            950                                    
   Lowest Base Price                   74.50                                    
   Highest Base Price                  87.00                                    
   Weighted Average Price              82.66                               84.08
   Change from Previous Day              .00                                    
Negotiated Formula (live basis)
   Head Count                            170                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,120                                    
   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 Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.94       
 
Price Range $105.00 - $116.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,976          Iowa                 72,026
Illinois             17,467          Indiana              17,540
Kansas                1,330          Kentucky              1,401
Michigan              7,676          Minnesota            40,210
Missouri              3,588          North Carolina        6,601
North Dakota            170          Nebraska             10,213
Ohio                 21,107          Oklahoma                942
Pennsylvania          4,797          South Dakota          8,272
Wisconsin               975          
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