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USDA National Daily Direct Morning Hog Report 07/09 11:00

USDA National Daily Direct Morning Hog Report 07/09 11:00

LSDLM_HG216
Des Moines, IA                             Wed, Jul 09, 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                                  6,061     5,561     7,206     1,656
 Other Market Formula                       24,474    24,050    22,863    22,020
 Swine/Pork Market Formula                 100,412    84,231    83,989    87,546
 Other Purchase Arrangement                 54,246    51,152    51,149    44,083
 Negotiated Formula                            660       660       320       165
Pack. Sold (all purchase types)             22,876    22,876    26,056    23,753
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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                          5,368                                    
   Lowest Base Price                  101.00                                    
   Highest Base Price                 114.00                                    
   Weighted Average Price             111.81      111.86      111.86            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            340                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          5,708                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         25,169      13,476      17,467       7,702
   Lowest Base Price                   80.23                                    
   Highest Base Price                 108.72                                    
   Weighted Average Price             101.95                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         96,131      56,060      66,678      25,843
   Lowest Base Price                   93.95       93.95       93.95       93.95
   Highest Base Price                 115.32      115.32      115.32      115.02
   Weighted Average Price             105.55      105.08      105.20      105.86
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         51,943      32,871      35,508      16,275
   Lowest Base Price                   79.60       79.60       79.60       85.37
   Highest Base Price                 112.35      112.35      112.35      105.36
   Weighted Average Price             101.16      102.75      102.86       97.42
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            193                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   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                            513                                    
   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#  -27.50 -13.00         175#  -11.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   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: 53.02       
 
Price Range $108.00 - $118.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,029          Iowa                 69,815
Illinois             14,287          Indiana               5,594
Kansas                1,560          Kentucky              1,530
Michigan              4,556          Minnesota            38,767
Missouri              3,021          North Carolina        6,470
North Dakota            170          Nebraska             11,738
Ohio                 14,827          Oklahoma              1,521
Pennsylvania          4,189          South Dakota          2,871
Tennessee             3,960          Wisconsin               625

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