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USDA National Daily Direct Morning Hog Report 07/17 10:55

USDA National Daily Direct Morning Hog Report 07/17 10:55

LSDLM_HG216
Des Moines, IA                             Thu, Jul 17, 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                                  2,647     1,572     2,612     1,840
 Other Market Formula                       18,701    17,861    19,153    15,536
 Swine/Pork Market Formula                  99,359    82,827    81,286    92,255
 Other Purchase Arrangement                 56,049    53,291    51,745    46,330
 Negotiated Formula                            685       635     1,254       165
Pack. Sold (all purchase types)             22,929    22,929    21,743    24,291
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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                          1,025                                    
   Lowest Base Price                  101.50                                    
   Highest Base Price                 113.00                                    
   Weighted Average Price             109.60      108.58      109.59            
   Change from Previous Day            -2.21       -2.48       -1.47            
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                          1,175                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         18,376      12,591      16,527       1,849
   Lowest Base Price                   84.20                               97.40
   Highest Base Price                 108.26                              108.10
   Weighted Average Price             101.27                              103.46
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         96,299      54,645      65,207      27,350
   Lowest Base Price                   95.71       95.71       95.71       97.41
   Highest Base Price                 116.93      116.93      116.93      115.86
   Weighted Average Price             106.63      106.51      106.71      106.26
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         52,462      33,306      35,493      15,995
   Lowest Base Price                   80.07       80.07       80.07       85.37
   Highest Base Price                 114.10      114.10      114.10      107.28
   Weighted Average Price             102.55      104.28      104.31       98.33
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            547                                    
   Lowest Base Price                   75.25                                    
   Highest Base Price                  88.50                                    
   Weighted Average Price              82.66                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            485                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,032                                    
   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#  -30.00 -13.00         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -9.00         185#   -1.50   1.50         215#     .00   4.00
    165#  -26.00  -5.00         195#     .00   3.00         225#     .00   3.50
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog3 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.13       
 
Price Range $105.50 - $114.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,956          Colorado                160
Iowa                 61,959          Illinois             14,905
Indiana               6,596          Kansas                1,478
Kentucky                783          Michigan              4,600
Minnesota            39,747          Missouri              3,904
Montana                 667          North Carolina        6,641
North Dakota            175          Nebraska              9,665
Ohio                 13,248          Oklahoma              1,527
Pennsylvania          4,402          South Dakota          4,053
Wisconsin               649          
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