USDA National Daily Direct Afternoon Hog Report 07/03 14:50
07/03/2025 | 2:50 pm CDT USDA National Daily Direct Afternoon Hog Report 07/03 14:50
LSDLM_HG217
Des Moines, IA Thu, Jul 03, 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 3,786 3,786 2,929
Other Market Formula 30,052 30,052 26,698
Swine/Pork Market Formula 107,617 107,617 115,645
Other Purchase Arrangement 57,148 57,148 53,308
Negotiated Formula 320 320 1,145
Pack. Sold (all purchase types) 14,058 14,058 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 2,764
Lowest Base Price 106.00
Highest Base Price 113.50
Weighted Average Price 110.21 110.59 110.82
Change from Previous Day -1.85 -.92 -1.24
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 2,764
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 28,538 18,628 22,377 6,161
Lowest Base Price 81.73 84.01
Highest Base Price 112.65 112.65
Weighted Average Price 100.37 94.82
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 120,125 67,121 80,820 35,164
Lowest Base Price 94.13 94.33 94.33 94.13
Highest Base Price 116.06 115.56 115.56 115.06
Weighted Average Price 106.33 106.12 106.16 106.13
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 57,354 28,744 32,666 24,365
Lowest Base Price 80.31 80.31 80.31 85.37
Highest Base Price 122.99 122.99 122.99 110.41
Weighted Average Price 102.23 104.88 105.36 97.97
Change from Previous Day
Negotiated (live basis)
Head Count 957
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 1,277
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 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .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 Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.76
Price Range $110.61 - $116.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,359 Colorado 160
Iowa 78,389 Illinois 19,696
Indiana 11,939 Kansas 2,181
Kentucky 1,390 Michigan 6,915
Minnesota 38,471 Missouri 2,563
Montana 449 North Carolina 7,110
Nebraska 10,799 Ohio 20,387
Oklahoma 1,556 Pennsylvania 5,291
South Dakota 8,070 Wisconsin 319
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