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USDA National Daily Direct Afternoon Hog Report 06/24 14:55

USDA National Daily Direct Afternoon Hog Report 06/24 14:55

LSDLM_HG217
Des Moines, IA                             Tue, Jun 24, 2025

DAILY DIRECT AFTERNOON 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                                  4,939     4,939     8,094    10,508
 Other Market Formula                       34,021    34,021   116,447    22,266
 Swine/Pork Market Formula                 108,965   108,965   114,637   137,747
 Other Purchase Arrangement                 61,240    61,240    60,451    60,581
 Negotiated Formula                            320       320       320       991
Pack. Sold (all purchase types)             32,463    32,463    28,721    32,875
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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                          4,075                                    
   Lowest Base Price                  103.00                                    
   Highest Base Price                 115.00                                    
   Weighted Average Price             111.49      111.81      111.49            
   Change from Previous Day             2.14                    1.58            
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                          4,075                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         35,403      14,118      19,013      16,390
   Lowest Base Price                   81.73                               86.50
   Highest Base Price                 115.20                              114.95
   Weighted Average Price              97.54                               92.59
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        129,285      72,079      87,604      38,762
   Lowest Base Price                  101.27      101.43      101.43      101.27
   Highest Base Price                 116.33      115.16      115.16      116.33
   Weighted Average Price             109.96      109.95      110.03      109.88
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         62,797      39,757      41,447      20,574
   Lowest Base Price                   80.17       80.17       80.17       83.90
   Highest Base Price                 119.54      119.54      119.54      114.43
   Weighted Average Price             106.70      109.47      109.55      100.70
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,178                                    
   Lowest Base Price                   81.75                                    
   Highest Base Price                  85.95                                    
   Weighted Average Price              83.55                                    
   Change from Previous Day             2.66                                    
Negotiated Formula (live basis)
   Head Count                            320                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,498                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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#  -28.50 -13.00         175#  -11.40  -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 Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.39       
 
Price Range $110.00 - $117.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,399          Iowa                 87,691
Illinois             13,972          Indiana              15,185
Kansas                1,545          Kentucky              1,241
Maryland                302          Michigan              8,176
Minnesota            43,213          Missouri              2,723
Montana                 219          North Carolina        6,883
Nebraska             12,573          Ohio                 31,266
Oklahoma              1,059          Pennsylvania          4,696
South Dakota          7,397          Wisconsin               408

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