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USDA National Daily Direct Morning Hog Report 09/08 10:55

USDA National Daily Direct Morning Hog Report 09/08 10:55

LSDLM_HG216
Des Moines, IA                             Mon, Sep 08, 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                                  2,627     1,377               1,408
 Other Market Formula                       35,324    34,428              45,693
 Swine/Pork Market Formula                 180,845   170,065             192,954
 Other Purchase Arrangement                119,470   116,642             132,483
 Negotiated Formula                          1,102     1,102               1,610
Pack. Sold (all purchase types)             55,419    55,419              47,980
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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                          1,185                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            440                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,625                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         36,361      21,685      28,695       7,666
   Lowest Base Price                   73.30                               78.32
   Highest Base Price                 107.03                              104.52
   Weighted Average Price              91.98                               90.67
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        196,637     116,454     138,854      54,300
   Lowest Base Price                   92.52       95.19       95.19       92.52
   Highest Base Price                 110.22      110.22      110.22      109.06
   Weighted Average Price             104.41      104.18      104.08      105.11
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        123,316      86,006      90,439      32,407
   Lowest Base Price                   72.04       72.04       72.04       74.73
   Highest Base Price                 112.87      112.87      112.87      108.34
   Weighted Average Price              98.48       98.73       98.99       96.94
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            702                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            662                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,364                                    
   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#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,346          Iowa                148,217
Illinois             29,476          Indiana              18,296
Kansas                2,670          Kentucky              2,669
Michigan              8,115          Minnesota            77,327
Missouri              5,093          Montana                 451
North Carolina       13,446          Nebraska             21,666
New York                320          Ohio                 30,286
Oklahoma              1,883          Pennsylvania          6,011
South Dakota          8,786          Wisconsin               975

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