USDA National Daily Direct Afternoon Hog Report 07/02 14:55
07/02/2025 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 07/02 14:55
LSDLM_HG217
Des Moines, IA Wed, Jul 02, 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 8,134 8,134 2,836 3,532
Other Market Formula 26,542 26,542 23,896 28,167
Swine/Pork Market Formula 119,322 119,322 125,154 134,129
Other Purchase Arrangement 62,250 62,250 62,361 64,670
Negotiated Formula 320 320 965 101
Pack. Sold (all purchase types) 36,730 36,730 26,531 27,507
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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 7,361
Lowest Base Price 105.00
Highest Base Price 114.00
Weighted Average Price 112.06 111.51 112.06
Change from Previous Day .51 .06 .65
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 7,361
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 26,938 11,872 15,768 11,170
Lowest Base Price 81.73 84.43
Highest Base Price 111.35 111.35
Weighted Average Price 98.47 92.74
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 142,229 84,332 99,258 39,315
Lowest Base Price 94.33 94.33 94.33 95.45
Highest Base Price 114.97 114.97 114.97 114.65
Weighted Average Price 107.03 106.70 106.84 107.06
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 66,054 38,304 42,999 21,602
Lowest Base Price 79.76 79.76 79.76 85.37
Highest Base Price 114.89 114.89 114.89 106.99
Weighted Average Price 103.18 104.87 105.20 98.86
Change from Previous Day
Negotiated (live basis)
Head Count 666
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 986
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# -30.00 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .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 Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.71
Price Range $110.00 - $119.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,150 Iowa 93,001
Illinois 18,907 Indiana 15,454
Kansas 1,236 Kentucky 1,492
Michigan 8,020 Minnesota 47,569
Missouri 3,383 North Carolina 7,213
North Dakota 170 Nebraska 12,959
Ohio 25,454 Oklahoma 1,579
Pennsylvania 2,028 South Dakota 9,756
Virginia 112 Wisconsin 815
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