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USDA National Daily Direct Morning Hog Report 09/05 10:55

USDA National Daily Direct Morning Hog Report 09/05 10:55

LSDLM_HG216
Des Moines, IA                             Fri, Sep 05, 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                                  3,095     1,845       855     2,445
 Other Market Formula                       66,725    66,015    47,103    24,095
 Swine/Pork Market Formula                  99,195    85,132    90,377    98,242
 Other Purchase Arrangement                 56,090    53,671    40,077    48,576
 Negotiated Formula                                                480          
Pack. Sold (all purchase types)             20,841    20,841    31,159    27,238
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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                            998                                    
   Lowest Base Price                   95.00                                    
   Highest Base Price                 103.00                                    
   Weighted Average Price             100.88                                    
   Change from Previous Day            -4.94                                    
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            998                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         66,430      19,109      23,029      43,401
   Lowest Base Price                   76.25       79.52       76.25            
   Highest Base Price                 106.98      106.98      106.98            
   Weighted Average Price              97.23       94.27       93.75            
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         96,469      53,865      62,845      29,627
   Lowest Base Price                   95.78       95.78       95.78       97.49
   Highest Base Price                 111.34      111.34      111.34      108.97
   Weighted Average Price             104.53      104.67      104.54      104.27
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         53,585      28,322      29,487      23,443
   Lowest Base Price                   79.07       79.07       79.07       83.99
   Highest Base Price                 113.67      113.67      113.67      106.78
   Weighted Average Price             101.33      102.41      102.27      100.08
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            847                                    
   Lowest Base Price                   70.25                                    
   Highest Base Price                  82.25                                    
   Weighted Average Price              76.39                                    
   Change from Previous Day             -.92                                    
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                            847                                    
   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 -14.62         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#     .00    .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 Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.94       
 
Price Range $102.50 - $110.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,782          Colorado                320
Iowa                 56,065          Illinois             56,137
Indiana               8,060          Kansas                1,189
Kentucky              1,672          Michigan              6,375
Minnesota            46,147          Missouri              2,270
North Carolina        6,735          North Dakota            170
Nebraska             10,923          New York                160
Ohio                 18,585          Oklahoma              1,893
Pennsylvania          4,004          South Dakota          2,165
Wisconsin               687          Wyoming                 165

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