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USDA National Daily Direct Hog Prior Day Report 07/07 08:05

USDA National Daily Direct Hog Prior Day Report 07/07 08:05

LM_HG218
Des Moines, IA                             Mon, Jul 07, 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                                            2,829     2,321     2,167
 Other Market Formula                                 27,879    29,972    40,847
 Swine/Pork Market Formula                           123,496   118,685   150,721
 Other Purchase Arrangement                           95,754    67,051   112,463
 Negotiated Formula                                      287       252       243
Pack. Sold (all purchase types)                       33,071    39,390    45,028
================================================================================
                           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        1,938      25,896     117,750      94,451       150   240,185
 Base Price       108.75       98.44      104.77       97.58              101.30
Packer Sold
 Head Count                                                               33,024
 Base Price                                                               107.14
================================================================================

                          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                          1,938                                    
   Lowest Base Price                  105.50                                    
   Highest Base Price                 113.50                                    
   Weighted Average Price             108.75      109.00      109.36            
Negotiated Formula (carcass basis)
   Head Count                            150                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,088                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         29,431      18,530      23,765       5,666
   Lowest Base Price                   81.73                               84.01
   Highest Base Price                 112.65                              112.65
   Weighted Average Price              99.59                               95.73
Swine/Pork Market Formula (carcass basis)
   Head Count                        134,610      87,546     101,054      29,718
   Lowest Base Price                   92.58       92.58       92.58       94.13
   Highest Base Price                 115.53      115.53      115.53      114.52
   Weighted Average Price             104.84      104.35      104.46      105.49
Other Purchase Arrangement (carcass basis)
   Head Count                        107,421      76,923      84,093      23,005
   Lowest Base Price                   76.97       79.60       79.60       76.97
   Highest Base Price                 122.99      122.99      122.99      110.41
   Weighted Average Price              98.98       99.52      100.26       94.14
Negotiated (live basis)
   Head Count                            826                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (live basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            826                                    
   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#  -25.00 -13.00         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog210.15 lb carcass .71 inch back-fat 
7.75 square inch loin 2.58 inch loin depth FFLI: 52.36
 
Price Range $109.50 - $116.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                3,286          Colorado                139
Iowa                134,501          Illinois             17,483
Indiana              18,815          Kansas                  175
Kentucky              1,477          Michigan              6,921
Minnesota            50,957          Missouri              1,811
Montana                 656          North Carolina          360
North Dakota            175          Nebraska             15,116
Ohio                 15,660          Oklahoma              1,542
Pennsylvania          3,983          South Carolina          260
South Dakota          9,532          Wisconsin               808

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