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USDA National Daily Direct Hog Prior Day Report 07/16 08:00

USDA National Daily Direct Hog Prior Day Report 07/16 08:00

LM_HG218
Des Moines, IA                             Wed, Jul 16, 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                                           12,308     9,153    13,852
 Other Market Formula                                 22,179    27,993    21,367
 Swine/Pork Market Formula                           111,935   114,228   123,596
 Other Purchase Arrangement                          229,307    58,159    59,112
 Negotiated Formula                                    1,000       816       492
Pack. Sold (all purchase types)                       31,098    29,519    36,202
================================================================================
                           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       11,958      19,157     108,154     226,065       660   365,994
 Base Price       112.24      100.34      105.86       92.29               97.41
Packer Sold
 Head Count                                                               30,798
 Base Price                                                               106.06
================================================================================

                          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                         13,928                                    
   Lowest Base Price                   98.00                                    
   Highest Base Price                 116.50                                    
   Weighted Average Price             112.08      112.81      112.40            
Negotiated Formula (carcass basis)
   Head Count                            660                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                         14,588                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         22,437      14,873      19,157       3,280
   Lowest Base Price                   82.83                               93.62
   Highest Base Price                 109.94                              109.94
   Weighted Average Price             101.34                              105.37
Swine/Pork Market Formula (carcass basis)
   Head Count                        131,396      79,083      93,057      34,869
   Lowest Base Price                   95.47       95.63       95.63       95.47
   Highest Base Price                 117.46      117.46      117.46      115.60
   Weighted Average Price             105.80      105.71      105.77      105.72
Other Purchase Arrangement (carcass basis)
   Head Count                        228,703     208,564     211,844      15,885
   Lowest Base Price                   79.25       79.25       79.25       85.37
   Highest Base Price                 113.45      113.45      113.45      107.48
   Weighted Average Price              92.45       91.64       91.85       99.53
Negotiated (live basis)
   Head Count                            255                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (live basis)
   Head Count                            340                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            595                                    
   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#  -30.00 -13.00         175#  -11.40   1.00         205#     .00   4.00
    155#  -30.00 -10.00         185#   -1.50   1.50         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 Hog209.76 lb carcass .65 inch back-fat 
7.75 square inch loin 2.58 inch loin depth FFLI: 53.26
 
Price Range $105.00 - $117.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
California               74          Canada                4,087
Iowa                262,528          Illinois             15,705
Indiana              14,452          Kansas                1,722
Kentucky                340          Michigan              6,685
Minnesota            54,261          Missouri              3,427
Montana                 221          North Carolina        6,779
North Dakota            170          Nebraska             11,907
Ohio                 11,114          Oklahoma              1,571
Pennsylvania          4,344          South Dakota          8,164
Wisconsin               608          
================================================================================

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