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USDA National Daily Direct Morning Hog Report 06/16 11:00

USDA National Daily Direct Morning Hog Report 06/16 11:00

LSDLM_HG216
Des Moines, IA                             Mon, Jun 16, 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                                  2,202       952       835       723
 Other Market Formula                       20,804    20,576    42,051    23,889
 Swine/Pork Market Formula                  98,558    84,323    94,204   101,531
 Other Purchase Arrangement                 64,917    61,511    70,662    82,614
 Negotiated Formula                            253       253               1,561
Pack. Sold (all purchase types)             27,720    27,720    36,676    33,058
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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                            512                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 110.00                                    
   Weighted Average Price             106.56                                    
   Change from Previous Day             2.51                                    
Negotiated Formula (carcass basis)
   Head Count                            100                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            612                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         22,644      13,914      19,381       3,263
   Lowest Base Price                   82.53                               87.00
   Highest Base Price                 111.22                              108.43
   Weighted Average Price              99.62                               97.36
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         99,371      61,385      70,603      25,432
   Lowest Base Price                   95.95       96.18       96.18       95.95
   Highest Base Price                 110.70      110.21      110.21      110.70
   Weighted Average Price             104.38      104.44      104.42      104.57
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         62,999      38,428      41,078      21,430
   Lowest Base Price                   77.87       80.44       80.44       77.87
   Highest Base Price                 113.61      113.61      113.61      108.90
   Weighted Average Price              99.96      100.31      100.74       98.31
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            610                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            153                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            763                                    
   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#  -15.00 -13.00         175#   -3.25  -1.35         205#     .00    .00
    155#  -11.82  -9.00         185#   -1.50    .00         215#     .00    .00
    165#   -5.00  -3.37         195#     .00    .00         225#   -1.33    .00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog1 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.84       
 
Price Range $107.50 - $110.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                2,411          Colorado                124
Iowa                 72,804          Illinois             16,331
Indiana               9,709          Kansas                1,805
Kentucky              1,579          Michigan              3,705
Minnesota            42,485          Missouri              4,321
Montana                 443          North Carolina        6,682
Nebraska              9,577          Ohio                 13,357
Oklahoma              1,576          Pennsylvania          4,024
South Dakota          3,755          Wisconsin               647

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