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USDA National Daily Direct Morning Hog Report 07/07 11:05

USDA National Daily Direct Morning Hog Report 07/07 11:05

LSDLM_HG216
Des Moines, IA                             Mon, Jul 07, 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                                  2,576     1,326     1,195       687
 Other Market Formula                       34,870    34,458    46,216    26,745
 Swine/Pork Market Formula                 106,890    92,381    86,766   110,958
 Other Purchase Arrangement                 90,132    85,748    60,383   104,336
 Negotiated Formula                            287       287       150        70
Pack. Sold (all purchase types)             32,246    32,246    39,293    39,921
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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                            775                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            150                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            925                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         35,842      11,214      15,423      20,419
   Lowest Base Price                   81.73                               88.05
   Highest Base Price                 109.65                              109.65
   Weighted Average Price              96.56                               93.44
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        104,917      78,465      88,845      14,191
   Lowest Base Price                   92.58       92.58       92.58       94.46
   Highest Base Price                 117.81      115.53      115.53      117.81
   Weighted Average Price             103.65      103.28      103.33      104.84
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         94,422      75,660      81,255      12,842
   Lowest Base Price                   76.97       79.60       79.60       76.97
   Highest Base Price                 115.22      115.22      115.22      110.28
   Weighted Average Price              98.76       99.13       99.77       92.13
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            551                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            551                                    
   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#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                  640          Colorado                139
Iowa                124,110          Illinois             14,364
Indiana              10,717          Kansas                1,195
Kentucky              1,409          Michigan              2,855
Minnesota            43,031          Missouri              2,049
Montana                 443          North Carolina          360
North Dakota            175          Nebraska             15,213
Ohio                 21,570          Oklahoma              1,542
Pennsylvania          1,357          South Carolina          260
South Dakota          3,887          Wisconsin             1,130

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