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USDA National Daily Direct Hog Prior Day Report 08/15 07:50

USDA National Daily Direct Hog Prior Day Report 08/15 07:50

LM_HG218
Des Moines, IA                             Fri, Aug 15, 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                                            5,254     4,585     5,364
 Other Market Formula                                 37,584    27,669    21,157
 Swine/Pork Market Formula                           122,795   110,160   134,731
 Other Purchase Arrangement                           47,793    48,700    47,669
 Negotiated Formula                                      250     1,079       562
Pack. Sold (all purchase types)                       30,037    29,997    27,670
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                           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        4,240      34,171     117,666      44,818       100   200,995
 Base Price       110.02       96.89      107.40      103.83              104.88
Packer Sold
 Head Count                                                               30,019
 Base Price                                                               107.68
================================================================================

                          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                          5,890                                    
   Lowest Base Price                   98.00                                    
   Highest Base Price                 114.00                                    
   Weighted Average Price             111.14      110.19      110.98            
Negotiated Formula (carcass basis)
   Head Count                            100                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          5,990                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         36,551      15,157      22,687      13,864
   Lowest Base Price                   79.00                               81.00
   Highest Base Price                 110.88                              109.65
   Weighted Average Price              97.75                               94.62
Swine/Pork Market Formula (carcass basis)
   Head Count                        140,542      83,031      95,240      42,325
   Lowest Base Price                   97.00       97.00       97.00       98.84
   Highest Base Price                 116.23      114.50      114.50      116.23
   Weighted Average Price             107.35      107.21      107.32      107.21
Other Purchase Arrangement (carcass basis)
   Head Count                         48,258      26,201      29,396      17,074
   Lowest Base Price                   79.19       79.19       79.19       87.08
   Highest Base Price                 116.28      115.06      116.28      107.85
   Weighted Average Price             104.03      105.83      106.29       99.59
Negotiated (live basis)
   Head Count                            850                                    
   Lowest Base Price                   73.75                                    
   Highest Base Price                  86.80                                    
   Weighted Average Price              83.52                                    
Negotiated Formula (live basis)
   Head Count                            150                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,000                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
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                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 -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 Hog210.51 lb carcass .67 inch back-fat 
7.57 square inch loin 2.52 inch loin depth FFLI: 52.84
 
Price Range $105.00 - $114.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                4,163          Iowa                 93,496
Illinois             18,902          Indiana              15,632
Kansas                3,069          Kentucky              3,098
Michigan              6,843          Minnesota            35,529
Missouri              1,629          Montana                 414
North Carolina        7,059          North Dakota            170
Nebraska             13,783          New York                335
Ohio                 24,038          Oklahoma              1,055
Pennsylvania          3,468          South Dakota          8,732
Tennessee             2,145          Wisconsin               480

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