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USDA National Daily Direct Hog Prior Day Report 07/22 07:56

USDA National Daily Direct Hog Prior Day Report 07/22 07:56

LM_HG218
Des Moines, IA                             Tue, Jul 22, 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                                            4,104     4,589     3,642
 Other Market Formula                                 31,175    27,161    24,432
 Swine/Pork Market Formula                           116,343   115,102   121,646
 Other Purchase Arrangement                           59,390    54,936    57,257
 Negotiated Formula                                      340       485       175
Pack. Sold (all purchase types)                       31,790    35,722    35,281
================================================================================
                           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        2,949      28,612     112,286      56,380             200,227
 Base Price       111.93       97.54      107.59      104.53              105.36
Packer Sold
 Head Count                                                               31,740
 Base Price                                                               107.34
================================================================================

                          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                          2,949                                    
   Lowest Base Price                   97.00                                    
   Highest Base Price                 114.50                                    
   Weighted Average Price             111.93      111.97      112.00            
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,949                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         32,292      13,942      19,762      12,530
   Lowest Base Price                   80.68                               87.75
   Highest Base Price                 109.88                              107.99
   Weighted Average Price              98.74                               94.89
Swine/Pork Market Formula (carcass basis)
   Head Count                        135,334      80,582      96,379      35,969
   Lowest Base Price                   98.33       98.33       98.33       98.33
   Highest Base Price                 115.89      115.89      115.89      113.43
   Weighted Average Price             107.53      107.35      107.35      107.90
Other Purchase Arrangement (carcass basis)
   Head Count                         61,559      39,439      43,069      17,848
   Lowest Base Price                   78.80       78.80       78.80       85.37
   Highest Base Price                 116.62      116.62      116.62      111.75
   Weighted Average Price             104.78      105.81      105.99      101.69
Negotiated (live basis)
   Head Count                          1,071                                    
   Lowest Base Price                   74.00                                    
   Highest Base Price                  86.55                                    
   Weighted Average Price              80.65                                    
Negotiated Formula (live basis)
   Head Count                            340                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,411                                    
   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#  -11.10   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
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog211.29 lb carcass .70 inch back-fat 
7.60 square inch loin 2.53 inch loin depth FFLI: 52.41
 
Price Range $104.00 - $114.50 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                3,378          Iowa                 93,414
Illinois             16,817          Indiana              23,247
Kansas                1,919          Kentucky                170
Maryland                159          Michigan              7,521
Minnesota            43,868          Missouri              3,239
Montana                 442          North Carolina        6,717
North Dakota            170          Nebraska             14,484
Ohio                 13,501          Oklahoma              1,038
Pennsylvania          4,618          South Dakota          8,144
Wisconsin               298          Wyoming                 165

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