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USDA National Daily Direct Hog Prior Day Report 09/30 08:05

USDA National Daily Direct Hog Prior Day Report 09/30 08:05

LM_HG218
Des Moines, IA                             Tue, Sep 30, 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                                            7,396    14,980     3,506
 Other Market Formula                                 25,271    15,814    25,589
 Swine/Pork Market Formula                           122,657   135,541   129,136
 Other Purchase Arrangement                           58,982    56,712    53,770
 Negotiated Formula                                      157                 830
Pack. Sold (all purchase types)                       33,444    31,544    39,030
================================================================================
                           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        5,724      23,152     116,922      55,936             201,734
 Base Price       102.39       94.86      102.58       99.04              100.71
Packer Sold
 Head Count                                                               33,304
 Base Price                                                               102.57
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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                          5,724                                    
   Lowest Base Price                   95.00                                    
   Highest Base Price                 104.50                                    
   Weighted Average Price             102.39      102.09      102.23            
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          5,724                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         26,922      13,172      18,110       8,812
   Lowest Base Price                   73.45                               78.32
   Highest Base Price                 103.00                              103.00
   Weighted Average Price              95.80                               96.79
Swine/Pork Market Formula (carcass basis)
   Head Count                        140,323      80,324      98,403      38,312
   Lowest Base Price                   94.29       94.29       94.29       94.29
   Highest Base Price                 108.89      108.89      108.89      108.29
   Weighted Average Price             102.64      102.31      102.28      103.32
Other Purchase Arrangement (carcass basis)
   Head Count                         62,400      40,974      43,787      17,638
   Lowest Base Price                   72.00       72.00       72.00       82.87
   Highest Base Price                 110.85      110.85      110.85      106.69
   Weighted Average Price              99.34       99.04       99.26       99.11
Negotiated (live basis)
   Head Count                            986                                    
   Lowest Base Price                   77.00                                    
   Highest Base Price                  80.95                                    
   Weighted Average Price              78.97                                    
Negotiated Formula (live basis)
   Head Count                            157                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,143                                    
   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#  -10.40   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.00   1.50         215#   -8.00   4.00
    165#  -25.00    .00         195#    -.50   3.00         225#  -30.00   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog214.90 lb carcass .61 inch back-fat 
7.94 square inch loin 2.64 inch loin depth FFLI: 53.89
 
Price Range $102.50 - $107.50 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                4,012          Iowa                 90,474
Illinois             17,362          Indiana              15,768
Kansas                1,288          Kentucky              3,282
Maryland                152          Michigan              6,945
Minnesota            49,704          Missouri              3,461
Montana                 443          North Carolina        6,757
Nebraska             16,677          Ohio                 15,548
Oklahoma              1,206          Pennsylvania          4,076
South Dakota          7,902          Tennessee             2,640
Texas                    88          Wisconsin               453

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