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USDA National Daily Direct Morning Hog Report 06/10 10:55

USDA National Daily Direct Morning Hog Report 06/10 10:55

LSDLM_HG216
Des Moines, IA                             Tue, Jun 10, 2025

DAILY DIRECT MORNING HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                         Estimated    Actual    Actual    Actual
                                             Today     Today  Week Ago  Year Ago
Producer Sold
 Negotiated                                  6,396     5,146       710     1,435
 Other Market Formula                       29,302    27,920    21,954    23,615
 Swine/Pork Market Formula                  95,654    84,282    78,107    86,641
 Other Purchase Arrangement                 54,131    49,055    51,306    50,119
 Negotiated Formula                            480       480       320     1,568
Pack. Sold (all purchase types)             23,129    23,129    22,504    30,115
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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                          4,455                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 108.00                                    
   Weighted Average Price             105.85      106.09      106.09            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            160                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,615                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         29,163       9,052      13,282      15,881
   Lowest Base Price                   81.60                               84.00
   Highest Base Price                 107.22                              104.28
   Weighted Average Price              95.73                               93.61
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         97,040      57,726      66,966      27,234
   Lowest Base Price                   90.05       90.05       90.05       92.79
   Highest Base Price                 109.21      108.00      108.71      109.21
   Weighted Average Price             100.16      100.37      100.32       99.92
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         49,314      30,257      32,441      16,383
   Lowest Base Price                   80.70       80.70       80.70       83.90
   Highest Base Price                 109.16      109.16      109.16      103.15
   Weighted Average Price              98.56       99.53       99.64       96.33
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            856                                    
   Lowest Base Price                   70.50                                    
   Highest Base Price                  81.10                                    
   Weighted Average Price              77.58                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            320                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,176                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY 
DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
       based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
 
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                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -25.00 -13.00         175#   -4.00  -1.35         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
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.50       
 
Price Range $104.00 - $111.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,451          Iowa                 66,081
Illinois             17,177          Indiana               5,948
Kansas                1,894          Kentucky              2,717
Maryland                331          Michigan              6,250
Minnesota            35,868          Missouri              1,943
Montana                 215          North Carolina        6,487
Nebraska             11,917          Ohio                 20,337
Oklahoma              1,080          Pennsylvania          4,496
South Dakota          1,845          Tennessee             1,815
Wisconsin               160          
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