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USDA National Daily Direct Morning Hog Report 07/11 10:55

USDA National Daily Direct Morning Hog Report 07/11 10:55

LSDLM_HG216
Des Moines, IA                             Fri, Jul 11, 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                                  3,199     1,949               1,788
 Other Market Formula                       37,420    36,336              22,593
 Swine/Pork Market Formula                  98,999    82,240              93,184
 Other Purchase Arrangement                 48,282    42,922              42,691
 Negotiated Formula                                                           50
Pack. Sold (all purchase types)             18,848    18,848              20,453
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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                          1,459                                    
   Lowest Base Price                   99.00                                    
   Highest Base Price                 113.50                                    
   Weighted Average Price             106.04                  105.53            
   Change from Previous Day            -6.71                   -7.70            
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,459                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         36,956      15,386      17,161      19,795
   Lowest Base Price                   85.18                                    
   Highest Base Price                 109.00                                    
   Weighted Average Price              98.00                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         97,953      59,242      66,398      28,364
   Lowest Base Price                   94.11       94.11       94.11       96.70
   Highest Base Price                 117.72      117.72      117.72      112.21
   Weighted Average Price             105.94      105.98      106.08      105.25
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         43,745      24,887      26,528      17,052
   Lowest Base Price                   80.24       80.24       80.24       85.37
   Highest Base Price                 114.17      114.17      114.17      106.73
   Weighted Average Price             101.36      103.83      103.89       97.38
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            640                                    
   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                            640                                    
   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#2,825.00 -13.00         175#   -4.00    .00         205#     .00   4.00
    155#1,695.00  -5.00         185#   -1.50    .00         215#   -8.00   4.00
    165#1,695.00    .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: 53.04       
 
Price Range $106.00 - $114.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                2,814          Iowa                 68,385
Illinois             11,386          Indiana               5,768
Kansas                  145          Kentucky                170
Michigan              5,740          Minnesota            32,770
Missouri              3,686          Montana                 228
North Carolina        6,720          North Dakota            170
Nebraska              4,610          Ohio                 28,209
Oklahoma                946          Pennsylvania          3,457
South Dakota          2,466          Tennessee             4,125
Wisconsin               500          
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