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USDA National Daily Direct Morning Hog Report 07/29 10:55

USDA National Daily Direct Morning Hog Report 07/29 10:55

LSDLM_HG216
Des Moines, IA                             Tue, Jul 29, 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                                  1,432       932     3,045     1,519
 Other Market Formula                       13,833    12,993    18,279    20,256
 Swine/Pork Market Formula                  95,235    83,986    78,016    92,835
 Other Purchase Arrangement                 50,416    46,651    54,122    56,220
 Negotiated Formula                          1,100     1,100       340          
Pack. Sold (all purchase types)             26,933    26,933    25,019    24,641
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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                            759                                    
   Lowest Base Price                  104.00                                    
   Highest Base Price                 110.00                                    
   Weighted Average Price             105.54                                    
   Change from Previous Day            -3.48                                    
Negotiated Formula (carcass basis)
   Head Count                            760                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,519                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         14,085       9,019      13,041       1,044
   Lowest Base Price                   86.10                              107.53
   Highest Base Price                 110.27                              109.95
   Weighted Average Price             104.52                              108.53
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        100,080      59,866      70,581      27,373
   Lowest Base Price                   99.29       99.84       99.84       99.29
   Highest Base Price                 117.37      117.37      117.37      116.65
   Weighted Average Price             108.71      108.54      108.58      108.92
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         48,379      32,021      33,656      14,075
   Lowest Base Price                   78.39       78.39       78.39       85.37
   Highest Base Price                 117.29      117.29      117.29      110.60
   Weighted Average Price             105.38      107.46      107.51      100.05
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            173                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            340                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            513                                    
   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#  -25.00 -14.62         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00 -10.00         185#     .00    .00         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.20       
 
Price Range $109.50 - $111.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,113          Iowa                 67,897
Illinois             14,036          Indiana               3,990
Kansas                1,854          Kentucky              1,215
Maryland                161          Michigan              4,285
Minnesota            34,907          Missouri              2,265
Montana                 226          North Carolina        6,578
Nebraska             11,575          Ohio                 11,490
Oklahoma              1,027          Pennsylvania          4,644
South Dakota          2,792          Wisconsin               540

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