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USDA National Daily Direct Morning Hog Report 07/31 10:55

USDA National Daily Direct Morning Hog Report 07/31 10:55

LSDLM_HG216
Des Moines, IA                             Thu, Jul 31, 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                                  3,342     2,087     1,223       783
 Other Market Formula                       23,755    22,915    23,041    19,660
 Swine/Pork Market Formula                  91,389    80,808    80,474    91,040
 Other Purchase Arrangement                 52,752    49,017    51,229    51,386
 Negotiated Formula                            505       505       493        30
Pack. Sold (all purchase types)             20,932    20,932    33,408    29,081
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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                          1,485                                    
   Lowest Base Price                  104.00                                    
   Highest Base Price                 117.50                                    
   Weighted Average Price             111.82                                    
   Change from Previous Day            -2.48                                    
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                          1,485                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         21,287      12,880      14,857       6,430
   Lowest Base Price                   86.77       87.70       86.77       87.92
   Highest Base Price                 111.51      111.51      111.51      108.50
   Weighted Average Price             100.29       98.50       98.91      103.47
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         94,179      50,302      62,358      28,920
   Lowest Base Price                   97.31       97.31       97.31       98.60
   Highest Base Price                 118.64      118.64      118.64      116.34
   Weighted Average Price             108.48      108.88      108.77      107.56
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         47,956      30,473      30,988      16,968
   Lowest Base Price                   78.39       78.39       78.39       85.37
   Highest Base Price                 116.70      116.70      116.70      108.46
   Weighted Average Price             104.06      106.29      106.25      100.06
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            602                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            505                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,107                                    
   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 -13.00         175#   -4.00  -3.00         205#     .00   4.00
    155#  -25.00  -9.00         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 Hog7 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.59       
 
Price Range $108.00 - $117.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,042          Colorado                160
Iowa                 59,798          Illinois             16,840
Indiana               5,674          Kansas                1,163
Kentucky              2,423          Michigan              6,075
Minnesota            35,810          Missouri              2,101
Montana                 431          North Carolina        6,633
North Dakota            100          Nebraska              9,906
Ohio                 14,354          Oklahoma              1,041
Pennsylvania          4,311          South Dakota          3,322
Tennessee             2,270          Wisconsin               810

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