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USDA National Daily Direct Morning Hog Report 07/18 11:00

USDA National Daily Direct Morning Hog Report 07/18 11:00

LSDLM_HG216
Des Moines, IA                             Fri, Jul 18, 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                                  2,829     1,749     1,949     1,507
 Other Market Formula                       20,322    19,482    36,336    18,512
 Swine/Pork Market Formula                 103,417    87,813    82,240    87,904
 Other Purchase Arrangement                 47,646    44,408    42,922    40,695
 Negotiated Formula                            170       170                 265
Pack. Sold (all purchase types)             23,081    23,081    18,848    12,430
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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                          1,310                                    
   Lowest Base Price                  101.00                                    
   Highest Base Price                 112.00                                    
   Weighted Average Price             106.41                  106.14            
   Change from Previous Day            -3.19                   -3.45            
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                          1,310                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         19,461      13,395      17,180       2,281
   Lowest Base Price                   82.83                                    
   Highest Base Price                 110.39                                    
   Weighted Average Price             100.08                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        103,106      58,226      68,498      31,747
   Lowest Base Price                   96.08       96.08       96.08       98.78
   Highest Base Price                 116.45      115.46      115.46      116.45
   Weighted Average Price             106.76      106.83      106.82      106.52
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         43,350      23,539      25,509      17,186
   Lowest Base Price                   80.07       80.07       80.07       85.37
   Highest Base Price                 114.98      114.98      114.98      112.70
   Weighted Average Price             103.31      104.94      105.07      100.53
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            403                                    
   Lowest Base Price                   74.50                                    
   Highest Base Price                  86.50                                    
   Weighted Average Price              77.47                               78.74
   Change from Previous Day            -5.19                                    
Negotiated Formula (live basis)
   Head Count                            170                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            573                                    
   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 -14.62         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#     .00   1.50         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 Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.94       
 
Price Range $107.00 - $116.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,490          Iowa                 64,121
Illinois             15,414          Indiana               7,884
Kansas                1,330          Kentucky              1,401
Michigan              6,390          Minnesota            32,404
Missouri              3,570          North Carolina        6,601
North Dakota            170          Nebraska             10,213
Ohio                 15,586          Oklahoma                942
Pennsylvania          3,297          South Dakota          3,230
Wisconsin               660          
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