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USDA National Daily Direct Morning Hog Report 07/16 10:55

USDA National Daily Direct Morning Hog Report 07/16 10:55

LSDLM_HG216
Des Moines, IA                             Wed, Jul 16, 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                                  3,595     3,095     5,561     4,483
 Other Market Formula                       26,013    24,736    24,050    17,086
 Swine/Pork Market Formula                  94,870    77,282    84,231    87,107
 Other Purchase Arrangement                 51,885    49,449    51,152    51,480
 Negotiated Formula                          1,330     1,330       660       324
Pack. Sold (all purchase types)             26,280    26,280    22,876    26,229
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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                          4,490                                    
   Lowest Base Price                  101.00                                    
   Highest Base Price                 116.50                                    
   Weighted Average Price             111.81      111.06      111.06            
   Change from Previous Day             1.45                    -.30            
Negotiated Formula (carcass basis)
   Head Count                            660                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          5,150                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         25,267      12,731      16,721       8,546
   Lowest Base Price                   81.03                               81.03
   Highest Base Price                 109.94                              109.94
   Weighted Average Price              97.33                               88.71
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         93,202      53,643      62,981      27,040
   Lowest Base Price                   95.47       95.63       95.63       95.47
   Highest Base Price                 117.46      117.46      117.46      115.60
   Weighted Average Price             106.22      106.38      106.30      105.83
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         49,487      29,242      32,522      16,333
   Lowest Base Price                   79.25       79.25       79.25       85.37
   Highest Base Price                 113.45      113.45      113.45      106.61
   Weighted Average Price             102.13      103.83      103.92       98.40
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            255                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            670                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            925                                    
   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#  -28.50 -13.00         175#  -11.40    .00         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -25.00  -5.00         195#     .00   3.00         225#     .00   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.26       
 
Price Range $105.00 - $117.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,037          Iowa                 62,979
Illinois             15,442          Indiana               7,299
Kansas                1,557          Kentucky                170
Michigan              4,760          Minnesota            37,775
Missouri              3,043          North Carolina        6,779
North Dakota            170          Nebraska             11,570
Ohio                 18,376          Oklahoma              1,571
Pennsylvania          4,654          South Dakota          2,382
Wisconsin               608          
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