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USDA National Daily Direct Morning Hog Report 08/14 10:55

USDA National Daily Direct Morning Hog Report 08/14 10:55

LSDLM_HG216
Des Moines, IA                             Thu, Aug 14, 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                                  6,460     6,165     2,261     2,922
 Other Market Formula                       27,162    26,598    16,418    23,541
 Swine/Pork Market Formula                  93,433    82,556    85,369    98,018
 Other Purchase Arrangement                 49,804    46,509    53,088    53,787
 Negotiated Formula                            350       350       205       510
Pack. Sold (all purchase types)             27,572    27,572    22,347    26,457
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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                          6,610                                    
   Lowest Base Price                  102.00                                    
   Highest Base Price                 114.00                                    
   Weighted Average Price             110.58      111.03      110.09            
   Change from Previous Day              .48        -.38       -1.49            
Negotiated Formula (carcass basis)
   Head Count                            200                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          6,810                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         26,996       8,651      12,946      14,050
   Lowest Base Price                   81.00                               81.00
   Highest Base Price                 111.37                              110.80
   Weighted Average Price              99.88                               94.97
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         98,225      54,286      64,155      30,510
   Lowest Base Price                   96.35       96.35       96.35       98.84
   Highest Base Price                 116.23      115.83      115.83      116.23
   Weighted Average Price             108.09      108.25      108.17      107.63
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         46,302      28,066      29,871      15,132
   Lowest Base Price                   79.19       79.19       79.19       87.06
   Highest Base Price                 115.71      115.71      115.71      108.93
   Weighted Average Price             104.33      106.79      106.84       98.96
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,205                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            150                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,355                                    
   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#  -10.70   1.00         205#     .00   4.00
    155#  -30.00 -10.00         185#   -1.50   1.50         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 Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.83       
 
Price Range $109.00 - $114.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,677          Colorado                160
Iowa                 62,869          Illinois             16,971
Indiana               7,017          Kansas                  656
Kentucky              2,185          Michigan              5,090
Minnesota            32,119          Missouri              3,427
Montana                 417          North Carolina        6,701
North Dakota            175          Nebraska             10,914
New York                160          Ohio                 22,598
Oklahoma              1,625          Pennsylvania          3,857
South Dakota          5,857          Tennessee             2,805
Wisconsin               470          
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