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USDA National Daily Direct Morning Hog Report 07/01 10:55

USDA National Daily Direct Morning Hog Report 07/01 10:55

LSDLM_HG216
Des Moines, IA                             Tue, Jul 01, 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                                  2,941     1,691     3,763     2,435
 Other Market Formula                       16,340    16,015    27,633    14,689
 Swine/Pork Market Formula                  90,456    76,466    74,627    83,765
 Other Purchase Arrangement                 51,515    48,242    46,720    50,119
 Negotiated Formula                            645       645       320       150
Pack. Sold (all purchase types)             22,388    21,911    23,298    26,317
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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                          1,285                                    
   Lowest Base Price                  108.00                                    
   Highest Base Price                 112.00                                    
   Weighted Average Price             109.28                  109.28            
   Change from Previous Day            -3.23                                    
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                          1,445                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         16,453      10,820      14,399       2,054
   Lowest Base Price                   78.20                               82.85
   Highest Base Price                 114.50                              114.50
   Weighted Average Price             102.92                               98.25
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         87,522      49,554      58,201      26,366
   Lowest Base Price                   97.79       97.79       97.79       98.07
   Highest Base Price                 115.88      114.88      114.88      115.02
   Weighted Average Price             108.31      107.89      107.96      108.56
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         49,008      29,970      31,964      16,392
   Lowest Base Price                   80.31       80.31       80.31       85.37
   Highest Base Price                 116.05      116.05      116.05      108.73
   Weighted Average Price             105.50      107.73      107.63      101.17
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            406                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            485                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            891                                    
   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 Hog5 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.71       
 
Price Range $112.00 - $117.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,604          Iowa                 60,607
Illinois             16,849          Indiana               6,366
Kansas                1,696          Kentucky              1,199
Maryland                159          Michigan              4,285
Minnesota            31,468          Missouri              3,534
North Carolina        7,013          Nebraska              8,227
Ohio                 10,908          Oklahoma              1,216
Pennsylvania          4,153          South Carolina          500
South Dakota          2,711          Wisconsin               475

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