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USDA National Daily Direct Morning Hog Report 08/22 10:50

USDA National Daily Direct Morning Hog Report 08/22 10:50

LSDLM_HG216
Des Moines, IA                             Fri, Aug 22, 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                                  2,974     1,719     2,189     3,435
 Other Market Formula                       17,642    17,099    21,961    35,277
 Swine/Pork Market Formula                  98,855    84,717    86,234    93,012
 Other Purchase Arrangement                 45,979    43,230    40,906    42,476
 Negotiated Formula                            100       100       265     1,203
Pack. Sold (all purchase types)             18,549    18,549    21,781    23,871
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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                          2,298                                    
   Lowest Base Price                  101.00                                    
   Highest Base Price                 110.00                                    
   Weighted Average Price             107.89      108.47      108.47            
   Change from Previous Day              .55                    1.13            
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                          2,398                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         16,401       9,402      15,007       1,394
   Lowest Base Price                   75.75                               78.32
   Highest Base Price                 109.66                              106.68
   Weighted Average Price              88.55                               85.72
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         94,515      51,628      62,097      29,431
   Lowest Base Price                   86.42       90.41       90.41       86.42
   Highest Base Price                 113.01      113.01      113.01      111.32
   Weighted Average Price             105.27      105.39      105.32      104.74
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         41,708      23,418      24,743      16,475
   Lowest Base Price                   79.08       79.08       79.08       86.79
   Highest Base Price                 112.58      112.58      112.58      106.02
   Weighted Average Price             100.44      102.14      101.82       98.26
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            731                                    
   Lowest Base Price                   73.25                                    
   Highest Base Price                  85.25                                    
   Weighted Average Price              80.56                                    
   Change from Previous Day                                                     
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                            731                                    
   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 Hog7 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.34       
 
Price Range $108.50 - $115.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,775          Iowa                 56,998
Illinois             16,493          Indiana               6,987
Kansas                1,705          Kentucky                348
Michigan              4,880          Minnesota            30,164
Missouri              2,682          Montana                 215
North Carolina        6,688          North Dakota            170
Nebraska             12,952          New York                330
Ohio                 13,167          Oklahoma                906
Pennsylvania          3,982          South Dakota          2,497
Wisconsin               475          
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