USDA National Daily Direct Hog Prior Day Report 07/14 08:05
07/14/2025 | 8:05 am CDT USDA National Daily Direct Hog Prior Day Report 07/14 08:05
LM_HG218
Des Moines, IA Mon, Jul 14, 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 1,770 2,829 3,414
Other Market Formula 41,043 27,879 30,771
Swine/Pork Market Formula 118,740 123,496 135,604
Other Purchase Arrangement 71,906 95,754 86,276
Negotiated Formula 120 287 445
Pack. Sold (all purchase types) 33,363 33,071 38,649
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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 1,374 40,283 115,706 69,325 120 226,808
Base Price 105.96 97.49 104.84 99.25 101.84
Packer Sold
Head Count 33,345
Base Price 106.56
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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 1,374
Lowest Base Price 98.00
Highest Base Price 113.00
Weighted Average Price 105.96 106.61
Negotiated Formula (carcass basis)
Head Count 120
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,494
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 44,123 16,654 23,014 21,109
Lowest Base Price 82.83 85.75
Highest Base Price 108.60 108.60
Weighted Average Price 98.30 96.46
Swine/Pork Market Formula (carcass basis)
Head Count 138,080 85,199 100,725 33,377
Lowest Base Price 95.01 95.01 95.01 96.70
Highest Base Price 115.90 113.78 113.78 114.61
Weighted Average Price 105.03 104.95 104.92 105.03
Other Purchase Arrangement (carcass basis)
Head Count 76,456 49,741 54,188 21,778
Lowest Base Price 76.61 79.25 79.25 76.61
Highest Base Price 119.04 119.04 119.04 113.07
Weighted Average Price 100.09 101.64 101.91 95.41
Negotiated (live basis)
Head Count 342
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 342
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# -30.00 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 1.50 215# -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 Hog209.94 lb carcass .65 inch back-fat
7.72 square inch loin 2.57 inch loin depth FFLI: 53.24
Price Range $105.00 - $117.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,783 Iowa 95,387
Illinois 12,797 Indiana 16,612
Kansas 1,902 Kentucky 4,436
Michigan 6,444 Minnesota 57,925
Missouri 3,629 Montana 228
North Carolina 7,200 North Dakota 159
Nebraska 14,751 Ohio 26,827
Oklahoma 1,257 Pennsylvania 3,038
South Dakota 8,569 Tennessee 1,320
Wisconsin 678
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