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USDA National Daily Direct Morning Hog Report 08/29 12:10

USDA National Daily Direct Morning Hog Report 08/29 12:10

LSDLM_HG216
Des Moines, IA                             Fri, Aug 29, 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                                  2,105       855     1,719     1,652
 Other Market Formula                       48,075    47,103    17,099    38,567
 Swine/Pork Market Formula                 101,304    90,377    84,717    89,635
 Other Purchase Arrangement                 43,343    40,077    43,230    40,878
 Negotiated Formula                            480       480       100          
Pack. Sold (all purchase types)             31,919    31,159    18,549    25,633
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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                            364                                    
   Lowest Base Price                  104.00                                    
   Highest Base Price                 110.00                                    
   Weighted Average Price             106.86                                    
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            315                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            679                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         47,190      21,097      27,132      20,058
   Lowest Base Price                   77.00       77.30       77.00       78.32
   Highest Base Price                 107.70      107.70      107.70      100.27
   Weighted Average Price              91.12       89.15       88.35       94.88
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        113,591      69,865      78,024      31,932
   Lowest Base Price                   93.79       93.79       93.79       98.11
   Highest Base Price                 113.35      113.35      113.35      112.55
   Weighted Average Price             104.13      103.98      104.14      103.80
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         39,326      23,292      24,606      14,071
   Lowest Base Price                   79.09       79.09       79.09       87.04
   Highest Base Price                 111.93      111.93      111.93      104.54
   Weighted Average Price             100.59      102.29      102.12       97.95
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            491                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   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                            656                                    
   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 Hog4 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.98       
 
Price Range $110.00 - $110.46 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,882          Iowa                 83,102
Illinois             18,826          Indiana              12,265
Kansas                  826          Kentucky              2,524
Michigan              5,235          Minnesota            32,158
Missouri              2,749          North Carolina        6,600
North Dakota            514          Nebraska             10,871
New York                330          Ohio                 18,923
Oklahoma              1,201          Pennsylvania          3,899
South Dakota          3,171          Tennessee             2,475
Wisconsin               500          
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