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USDA National Daily Direct Hog Prior Day Report 09/10 07:45

USDA National Daily Direct Hog Prior Day Report 09/10 07:45

LM_HG218
Des Moines, IA                             Wed, Sep 10, 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                                           15,843    13,874    10,666
 Other Market Formula                                 37,554   157,286    22,590
 Swine/Pork Market Formula                           129,693   131,843   141,935
 Other Purchase Arrangement                           60,812    59,576    56,529
 Negotiated Formula                                      333       633     1,539
Pack. Sold (all purchase types)                       29,793    30,738    38,849
================================================================================
                           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       14,020      34,771     124,734      55,403       165   229,093
 Base Price       106.63       89.44      104.38      100.67              101.35
Packer Sold
 Head Count                                                               29,774
 Base Price                                                               102.96
================================================================================

                          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                         14,770                                    
   Lowest Base Price                   96.00                                    
   Highest Base Price                 111.00                                    
   Weighted Average Price             106.39      104.81      106.54            
Negotiated Formula (carcass basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                         14,935                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         37,011      26,470      30,095       6,916
   Lowest Base Price                   76.25       82.65       76.25       78.32
   Highest Base Price                 102.23      102.12      102.12      102.23
   Weighted Average Price              89.91       88.97       89.32       92.46
Swine/Pork Market Formula (carcass basis)
   Head Count                        146,887      83,286     100,525      42,342
   Lowest Base Price                   91.64       96.25       96.25       91.64
   Highest Base Price                 109.74      109.74      109.74      109.60
   Weighted Average Price             104.33      103.94      104.00      104.90
Other Purchase Arrangement (carcass basis)
   Head Count                         60,360      36,461      39,066      19,985
   Lowest Base Price                   76.90       76.90       76.90       86.65
   Highest Base Price                 112.99      112.99      112.99      108.97
   Weighted Average Price             100.71      100.50      100.43      100.95
Negotiated (live basis)
   Head Count                          1,473                                    
   Lowest Base Price                   72.75                                    
   Highest Base Price                  83.50                                    
   Weighted Average Price              80.18       79.09       79.09            
Negotiated Formula (live basis)
   Head Count                            168                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,641                                    
   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#  -10.50   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 Hog215.25 lb carcass .64 inch back-fat 
7.85 square inch loin 2.61 inch loin depth FFLI: 53.40
 
Price Range $103.50 - $111.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
California               45          Canada                4,691
Iowa                 93,337          Illinois             22,164
Indiana              14,681          Kansas                1,761
Kentucky              1,253          Michigan              8,596
Minnesota            62,657          Missouri              2,382
North Carolina        6,464          North Dakota            170
Nebraska             14,883          Ohio                 17,030
Oklahoma              1,735          Pennsylvania          4,367
South Dakota         14,710          Tennessee             2,640
Wisconsin               788          
================================================================================

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