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USDA National Daily Direct Morning Hog Report 08/19 11:00

USDA National Daily Direct Morning Hog Report 08/19 11:00

LSDLM_HG216
Des Moines, IA                             Tue, Aug 19, 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                                  4,170     3,665     1,399     7,172
 Other Market Formula                       17,560    16,300    64,381    19,281
 Swine/Pork Market Formula                  89,953    79,927   110,513    84,231
 Other Purchase Arrangement                 50,542    46,623    51,763    49,617
 Negotiated Formula                             85        85                 815
Pack. Sold (all purchase types)             25,568    25,568    25,549    25,469
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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                          3,330                                    
   Lowest Base Price                  106.00                                    
   Highest Base Price                 112.50                                    
   Weighted Average Price             110.94      108.64      110.94            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                             85                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          3,415                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         17,543      10,653      15,263       2,280
   Lowest Base Price                   73.72                               83.10
   Highest Base Price                 106.58                               91.63
   Weighted Average Price              87.65                               86.56
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         93,232      51,645      61,248      29,325
   Lowest Base Price                   86.62       97.74       97.74       86.62
   Highest Base Price                 114.06      114.06      114.06      112.58
   Weighted Average Price             107.02      106.82      106.65      107.45
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         48,200      30,682      32,537      14,687
   Lowest Base Price                   77.13       77.13       77.13       86.84
   Highest Base Price                 114.70      114.70      114.70      108.80
   Weighted Average Price             102.17      103.33      103.11       99.59
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            335                                    
   Lowest Base Price                   75.75                                    
   Highest Base Price                  82.50                                    
   Weighted Average Price              81.71       81.71       81.71            
   Change from Previous Day              .99                                    
Negotiated Formula (live basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            335                                    
   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  -1.35         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .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 Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.00       
 
Price Range $112.00 - $113.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,614          Iowa                 60,161
Illinois             14,995          Indiana               4,621
Kansas                  860          Kentucky              1,400
Maryland                159          Michigan              5,626
Minnesota            35,267          Missouri              1,645
Montana                 225          North Carolina        6,648
Nebraska             11,469          Ohio                 13,650
Oklahoma                899          Pennsylvania          4,984
South Dakota          5,630          Wisconsin               315

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