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USDA National Daily Direct Afternoon Hog Report 07/28 14:55

USDA National Daily Direct Afternoon Hog Report 07/28 14:55

LSDLM_HG217
Des Moines, IA                             Mon, Jul 28, 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                                  2,307     2,307     3,426     1,600
 Other Market Formula                       24,001    24,001    33,322    35,977
 Swine/Pork Market Formula                 121,797   121,797   124,269   152,497
 Other Purchase Arrangement                 65,324    65,324    68,711   102,696
 Negotiated Formula                            206       206                 100
Pack. Sold (all purchase types)             34,455    34,455    38,492    40,978
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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                          3,264                                    
   Lowest Base Price                  104.00                                    
   Highest Base Price                 114.00                                    
   Weighted Average Price             111.35                  112.32            
   Change from Previous Day             1.08                    1.65            
Negotiated Formula (carcass basis)
   Head Count                             50                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          3,314                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         25,492      15,483      21,170       4,322
   Lowest Base Price                   77.27                               77.27
   Highest Base Price                 111.05                              110.24
   Weighted Average Price             101.85                               97.70
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        136,393      75,668      93,027      40,392
   Lowest Base Price                   99.29       99.29       99.29      100.37
   Highest Base Price                 116.58      116.28      116.28      116.58
   Weighted Average Price             108.62      108.52      108.51      108.75
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         71,534      43,751      46,246      24,965
   Lowest Base Price                   75.85       78.39       78.39       75.85
   Highest Base Price                 117.22      117.22      117.22      111.13
   Weighted Average Price             102.70      104.89      105.10       98.16
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            693                                    
   Lowest Base Price                   80.00                                    
   Highest Base Price                  88.25                                    
   Weighted Average Price              84.37                                    
   Change from Previous Day              .19                                    
Negotiated Formula (live basis)
   Head Count                            156                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            849                                    
   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  -5.00         185#   -1.50   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: 52.05       
 
Price Range $109.83 - $114.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                2,236          Iowa                 86,019
Illinois             16,014          Indiana              20,598
Kansas                1,063          Kentucky              1,516
Michigan              7,285          Minnesota            52,275
Missouri              2,253          Montana                 445
North Carolina        7,020          Nebraska             15,943
Ohio                 20,732          Oklahoma              1,210
Pennsylvania          4,364          South Dakota          8,617
Wisconsin               500          
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