USDA National Daily Direct Hog Prior Day Report 06/27 07:55
06/27/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 06/27 07:55
LM_HG218
Des Moines, IA Fri, Jun 27, 2025
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 2,431 5,006 3,107
Other Market Formula 30,445 22,316 22,854
Swine/Pork Market Formula 118,349 117,891 121,159
Other Purchase Arrangement 44,229 47,913 47,932
Negotiated Formula 481 325 846
Pack. Sold (all purchase types) 27,132 27,203 29,305
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 1,445 28,660 114,151 41,259 185,515
Base Price 107.52 101.76 109.85 106.10 107.75
Packer Sold
Head Count 27,131
Base Price 110.00
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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 1,445
Lowest Base Price 102.00
Highest Base Price 110.00
Weighted Average Price 107.52 108.16
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,445
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 31,310 20,605 24,763 6,547
Lowest Base Price 72.00 87.55
Highest Base Price 114.07 112.83
Weighted Average Price 102.67 106.21
Swine/Pork Market Formula (carcass basis)
Head Count 137,320 82,004 93,990 39,888
Lowest Base Price 102.32 102.32 102.32 103.54
Highest Base Price 116.20 116.20 116.20 114.64
Weighted Average Price 109.87 109.76 109.79 109.92
Other Purchase Arrangement (carcass basis)
Head Count 42,723 23,046 26,056 15,861
Lowest Base Price 80.50 80.50 80.50 83.90
Highest Base Price 118.82 118.82 118.82 112.51
Weighted Average Price 106.12 108.48 108.87 101.24
Negotiated (live basis)
Head Count 939
Lowest Base Price 73.75
Highest Base Price 85.75
Weighted Average Price 80.75
Negotiated Formula (live basis)
Head Count 481
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,420
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -26.00 -14.62 175# -4.00 .00 205# .00 4.00
155# -26.00 -5.00 185# -1.00 .00 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog211.17 lb carcass .66 inch back-fat
7.91 square inch loin 2.63 inch loin depth FFLI: 53.18
Price Range $109.00 - $115.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,741 Iowa 82,604
Illinois 17,418 Indiana 14,984
Kansas 1,360 Kentucky 2,843
Michigan 6,942 Minnesota 45,385
Missouri 3,431 Montana 401
North Carolina 6,503 North Dakota 175
Nebraska 10,638 Ohio 13,986
Oklahoma 948 Pennsylvania 3,401
South Dakota 6,229 Tennessee 1,980
Wisconsin 250
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