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USDA National Daily Direct Hog Prior Day Report 06/10 07:55

USDA National Daily Direct Hog Prior Day Report 06/10 07:55

LM_HG218
Des Moines, IA                             Tue, Jun 10, 2025

DAILY DIRECT PRIOR DAY HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                                      Actual    Actual    Actual
                                                       Today  Week Ago  Year Ago
                                                      --------------------------
Producer Sold
 Negotiated                                            2,787     1,180     3,668
 Other Market Formula                                 55,783    76,683    23,407
 Swine/Pork Market Formula                           115,204   109,908   123,635
 Other Purchase Arrangement                           55,155    53,093    64,329
 Negotiated Formula                                      480       497     1,555
Pack. Sold (all purchase types)                       37,445    38,179    38,557
================================================================================
                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count        2,015      53,462     110,250      52,221       160   218,108
 Base Price       104.13       96.06       99.29       97.78               98.18
Packer Sold
 Head Count                                                               37,435
 Base Price                                                               100.00
================================================================================

                          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                          2,690                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 108.00                                    
   Weighted Average Price             103.28      104.39      104.64            
Negotiated Formula (carcass basis)
   Head Count                            160                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,850                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         56,867      18,887      25,197      31,670
   Lowest Base Price                   77.42       81.60       81.60       77.42
   Highest Base Price                 111.50      108.50      108.50      111.50
   Weighted Average Price              96.50      100.88       99.56       94.07
Swine/Pork Market Formula (carcass basis)
   Head Count                        134,508      82,726      95,283      36,062
   Lowest Base Price                   90.05       90.05       90.05       92.79
   Highest Base Price                 109.21      107.71      108.71      109.21
   Weighted Average Price              99.18       99.12       99.13       99.35
Other Purchase Arrangement (carcass basis)
   Head Count                         61,318      34,973      42,597      17,902
   Lowest Base Price                   80.70       80.70       80.70       83.90
   Highest Base Price                 109.16      109.16      109.16      103.15
   Weighted Average Price              98.42       98.83       99.34       96.11
Negotiated (live basis)
   Head Count                            757                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (live basis)
   Head Count                            320                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,077                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 - 
2.7 inches)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -26.25 -13.00         175#  -10.50  -1.35         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog214.36 lb carcass .64 inch back-fat 
8.00 square inch loin 2.66 inch loin depth FFLI: 53.50
 
Price Range $104.00 - $110.50 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                3,691          Iowa                 83,756
Illinois             28,005          Indiana              14,809
Kansas                1,894          Kentucky              9,529
Maryland                339          Michigan              7,167
Minnesota            55,385          Missouri              2,283
Montana                 443          North Carolina        6,497
Nebraska             18,154          Ohio                 21,077
Oklahoma              1,080          Pennsylvania          4,071
South Dakota          7,024          Tennessee             1,650

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