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USDA National Daily Direct Morning Hog Report 08/15 10:55

USDA National Daily Direct Morning Hog Report 08/15 10:55

LSDLM_HG216
Des Moines, IA                             Fri, Aug 15, 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                                  3,444     2,189     2,081     1,188
 Other Market Formula                       22,801    21,961    21,004    17,448
 Swine/Pork Market Formula                  97,591    86,234    82,331    93,759
 Other Purchase Arrangement                 44,678    40,906    47,417    47,365
 Negotiated Formula                            265       265       920       562
Pack. Sold (all purchase types)             21,946    21,781    27,879    21,770
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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                          1,732                                    
   Lowest Base Price                   98.00                                    
   Highest Base Price                 113.50                                    
   Weighted Average Price             108.33      108.31      109.57            
   Change from Previous Day            -2.25       -2.72        -.52            
Negotiated Formula (carcass basis)
   Head Count                            100                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,832                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         20,854       9,957      15,244       5,610
   Lowest Base Price                   79.00                                    
   Highest Base Price                 110.88                                    
   Weighted Average Price             103.07                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         99,067      59,619      67,502      28,257
   Lowest Base Price                   98.84       99.04       98.84       98.84
   Highest Base Price                 114.50      114.50      114.50      112.83
   Weighted Average Price             107.23      107.20      107.15      107.06
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         40,686      21,670      22,820      17,536
   Lowest Base Price                   79.19       79.19       79.19       87.08
   Highest Base Price                 115.06      115.06      115.06      112.12
   Weighted Average Price             103.44      105.73      105.79      100.27
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            450                                    
   Lowest Base Price                   73.75                                    
   Highest Base Price                  86.50                                    
   Weighted Average Price              80.77                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            615                                    
   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    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         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 Hog1 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.84       
 
Price Range $105.00 - $113.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,778          Iowa                 65,394
Illinois             16,114          Indiana               6,559
Kansas                  669          Kentucky              2,493
Michigan              6,052          Minnesota            27,733
Missouri              1,611          North Carolina        7,059
North Dakota            170          Nebraska             11,756
New York                330          Ohio                 13,341
Oklahoma              1,055          Pennsylvania          3,779
South Dakota          2,813          Tennessee             2,310
Wisconsin               320          
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