USDA National Daily Direct Afternoon Hog Report 06/25 15:05
06/25/2026 | 3:05 pm CDT USDA National Daily Direct Afternoon Hog Report 06/25 15:05
LSDLM_HG217
Des Moines, IA Thu, Jun 25, 2026
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 2,182 2,182 4,774 2,929
Other Market Formula 19,123 19,123 14,375 26,698
Swine/Pork Market Formula 105,031 105,031 110,300 115,645
Other Purchase Arrangement 58,018 58,018 58,962 53,308
Negotiated Formula 1,048 1,048 296 1,145
Pack. Sold (all purchase types) 22,214 22,214 21,797 28,135
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 683
Lowest Base Price 91.50
Highest Base Price 97.00
Weighted Average Price 95.29 95.15
Change from Previous Day -.27 -.41
Negotiated Formula (carcass basis)
Head Count 1,048
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,731
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 17,327 8,185 10,420 6,907
Lowest Base Price 85.55 87.85
Highest Base Price 108.01 108.01
Weighted Average Price 93.04 94.44
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 118,796 66,179 78,946 34,831
Lowest Base Price 79.31 80.06 79.75 79.31
Highest Base Price 103.01 101.70 101.70 103.01
Weighted Average Price 90.16 90.06 90.18 89.82
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 57,643 31,755 36,352 19,821
Lowest Base Price 79.89 79.89 79.89 80.64
Highest Base Price 104.87 104.87 104.87 103.88
Weighted Average Price 89.09 89.36 89.57 88.07
Change from Previous Day
Negotiated (live basis)
Head Count 1,083
Lowest Base Price 64.00
Highest Base Price 75.50
Weighted Average Price 70.78
Change from Previous Day -1.04
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,223
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# -25.00 -14.62 175# -9.15 -1.35 205# .00 4.00
155# -25.00 -11.82 185# .00 .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 Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 51.81
Price Range $93.33 - $102.75
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,035 Colorado 160
Georgia 6 Iowa 68,806
Idaho 247 Illinois 16,195
Indiana 8,153 Kansas 1,348
Kentucky 1,815 Michigan 6,505
Minnesota 39,913 Missouri 5,680
North Carolina 6,481 Nebraska 8,695
Ohio 18,317 Oklahoma 1,820
Pennsylvania 6,705 South Dakota 7,450
Tennessee 4,125 Wisconsin 160
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