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USDA National Daily Direct Morning Hog Report 07/14 11:10

USDA National Daily Direct Morning Hog Report 07/14 11:10

LSDLM_HG216
Des Moines, IA                             Mon, Jul 14, 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                                  2,334     1,084     1,326     1,773
 Other Market Formula                       26,357    25,881    34,458    22,621
 Swine/Pork Market Formula                 100,452    87,227    92,381    99,618
 Other Purchase Arrangement                 69,973    65,577    85,748    75,290
 Negotiated Formula                            120       120       287       435
Pack. Sold (all purchase types)             36,319    36,319    32,246    28,852
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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                            555                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            120                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            675                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         26,499      14,611      19,157       7,342
   Lowest Base Price                   82.83                               85.20
   Highest Base Price                 108.47                              106.73
   Weighted Average Price             102.39                              103.55
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        103,399      65,048      74,600      25,458
   Lowest Base Price                   95.01       95.01       95.01       97.31
   Highest Base Price                 114.61      113.78      113.78      114.61
   Weighted Average Price             105.11      104.70      104.82      105.59
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         74,785      44,937      52,789      21,507
   Lowest Base Price                   76.61       79.25       79.25       76.61
   Highest Base Price                 113.96      113.96      113.96      106.73
   Weighted Average Price             100.16      101.30      102.19       95.00
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            529                                    
   Lowest Base Price                   79.25                                    
   Highest Base Price                  82.82                                    
   Weighted Average Price              80.66                                    
   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                            529                                    
   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                2,571          Iowa                 78,205
Illinois             15,330          Indiana               9,671
Kansas                1,587          Kentucky              4,394
Michigan              5,770          Minnesota            48,524
Missouri              3,451          Montana                 440
North Carolina        7,200          North Dakota            159
Nebraska             15,497          Ohio                 12,907
Oklahoma              1,257          Pennsylvania          4,047
South Dakota          3,395          Tennessee             1,320
Wisconsin               483          
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