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

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

LM_HG218
Des Moines, IA                             Tue, Jul 08, 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                                            1,623     4,688     4,627
 Other Market Formula                                 43,911    44,426    23,939
 Swine/Pork Market Formula                           116,983   119,340   119,863
 Other Purchase Arrangement                           56,177   223,521    55,237
 Negotiated Formula                                      320       530       190
Pack. Sold (all purchase types)                       30,989    34,013    40,085
================================================================================
                           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          605      41,778     113,084      52,797             208,264
 Base Price                    96.97      105.18      101.23              102.53
Packer Sold
 Head Count                                                               30,989
 Base Price                                                               105.55
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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                            605                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            605                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         44,498      13,999      19,038      25,460
   Lowest Base Price                   81.73                               87.55
   Highest Base Price                 110.61                              109.65
   Weighted Average Price              97.64                               95.21
Swine/Pork Market Formula (carcass basis)
   Head Count                        136,418      83,086      98,165      36,020
   Lowest Base Price                   92.58       92.58       92.58       94.46
   Highest Base Price                 117.81      115.53      115.53      117.81
   Weighted Average Price             105.24      104.78      104.89      105.86
Other Purchase Arrangement (carcass basis)
   Head Count                         57,732      37,990      39,660      16,604
   Lowest Base Price                   79.60       79.60       79.60       85.37
   Highest Base Price                 112.14      112.14      112.14      109.66
   Weighted Average Price             101.49      102.05      102.11       99.45
Negotiated (live basis)
   Head Count                            918                                    
   Lowest Base Price                   77.50                                    
   Highest Base Price                  86.35                                    
   Weighted Average Price              82.17                   77.76            
Negotiated Formula (live basis)
   Head Count                            320                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,238                                    
   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#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                3,222          Iowa                 88,371
Illinois             18,308          Indiana              13,524
Kansas                2,022          Kentucky              1,277
Maryland                146          Michigan              6,921
Minnesota            48,462          Missouri              3,216
Montana                 443          North Carolina        6,485
Nebraska             13,181          Ohio                 29,436
Oklahoma                944          Pennsylvania          4,170
South Dakota          5,883          Tennessee             3,300
Wisconsin               527          Wyoming                 165

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