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USDA National Daily Direct Hog Prior Day Report 08/21 08:05

USDA National Daily Direct Hog Prior Day Report 08/21 08:05

LM_HG218
Des Moines, IA                             Thu, Aug 21, 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                                            3,104     9,874     6,038
 Other Market Formula                                 22,388    29,945    20,626
 Swine/Pork Market Formula                           123,279   116,488   133,360
 Other Purchase Arrangement                          203,983    54,271    60,870
 Negotiated Formula                                    1,848       200       824
Pack. Sold (all purchase types)                       31,859    33,468    32,714
================================================================================
                           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        1,623      20,445     118,253     201,059     1,520   342,900
 Base Price       108.92       89.31      105.71       87.71               94.19
Packer Sold
 Head Count                                                               31,854
 Base Price                                                               103.89
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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                          1,623                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 111.00                                    
   Weighted Average Price             108.92      109.17      109.08            
Negotiated Formula (carcass basis)
   Head Count                          1,520                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          3,143                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         23,405      17,457      22,050       1,355
   Lowest Base Price                   75.25       75.25       75.25            
   Highest Base Price                 110.99      110.99      110.99            
   Weighted Average Price              89.43       89.72       89.79            
Swine/Pork Market Formula (carcass basis)
   Head Count                        143,528      82,323      97,880      41,993
   Lowest Base Price                   86.64       94.42       94.42       86.64
   Highest Base Price                 115.80      115.80      115.80      112.81
   Weighted Average Price             105.73      105.83      105.73      105.42
Other Purchase Arrangement (carcass basis)
   Head Count                        204,998     183,830     186,669      17,840
   Lowest Base Price                   71.99       71.99       71.99       87.08
   Highest Base Price                 116.67      116.67      116.67      109.49
   Weighted Average Price              87.97       86.72       86.92       98.45
Negotiated (live basis)
   Head Count                          1,328                                    
   Lowest Base Price                   72.25                                    
   Highest Base Price                  87.00                                    
   Weighted Average Price              82.33                                    
Negotiated Formula (live basis)
   Head Count                            328                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,656                                    
   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#  -32.00 -14.62         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00 -10.00         185#   -1.00   1.50         215#     .00   4.00
    165#  -25.00  -3.37         195#    -.50   3.00         225#   -1.33   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog212.23 lb carcass .66 inch back-fat 
7.66 square inch loin 2.55 inch loin depth FFLI: 53.03
 
Price Range $107.00 - $114.50 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                3,163          Colorado                160
Iowa                242,704          Illinois             16,969
Indiana              15,013          Kansas                1,205
Kentucky                696          Michigan              6,651
Minnesota            45,322          Missouri              2,881
North Carolina        6,542          Nebraska             14,246
New York                504          Ohio                 17,046
Oklahoma              1,463          Pennsylvania          3,760
South Carolina          165          South Dakota          7,492
Texas                     9          Wisconsin               790

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