USDA National Daily Direct Hog Prior Day Report 07/25 07:50
07/25/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 07/25 07:50
LM_HG218
Des Moines, IA Fri, Jul 25, 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 2,585 2,237 2,662
Other Market Formula 27,724 21,912 27,477
Swine/Pork Market Formula 106,124 122,822 126,414
Other Purchase Arrangement 48,796 45,881 50,456
Negotiated Formula 323 475 329
Pack. Sold (all purchase types) 31,711 25,737 33,227
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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 1,697 24,857 101,770 46,077 174,401
Base Price 111.58 96.96 108.74 104.88 106.07
Packer Sold
Head Count 31,547
Base Price 108.61
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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 4,997
Lowest Base Price 98.00
Highest Base Price 115.00
Weighted Average Price 113.84 113.35 113.35
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,997
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 26,867 16,710 21,247 5,620
Lowest Base Price 80.68 81.03
Highest Base Price 110.32 107.48
Weighted Average Price 97.81 85.30
Swine/Pork Market Formula (carcass basis)
Head Count 125,374 79,648 92,156 30,099
Lowest Base Price 98.48 98.48 98.48 99.65
Highest Base Price 117.47 117.47 117.47 117.23
Weighted Average Price 108.59 108.47 108.56 108.56
Other Purchase Arrangement (carcass basis)
Head Count 49,028 26,031 30,431 17,619
Lowest Base Price 79.84 79.84 79.84 85.37
Highest Base Price 117.49 117.49 117.49 109.90
Weighted Average Price 104.99 105.81 106.01 102.99
Negotiated (live basis)
Head Count 816
Lowest Base Price 76.00
Highest Base Price 90.20
Weighted Average Price 83.24 84.95
Negotiated Formula (live basis)
Head Count 323
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,139
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 -13.00 175# -11.15 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 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 Hog213.37 lb carcass .72 inch back-fat
7.51 square inch loin 2.50 inch loin depth FFLI: 52.05
Price Range $105.00 - $117.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,507 Iowa 87,171
Illinois 21,614 Indiana 12,084
Kansas 1,209 Kentucky 1,603
Michigan 5,100 Minnesota 39,054
Missouri 1,734 Montana 420
North Carolina 6,497 North Dakota 170
Nebraska 12,263 Ohio 11,305
Oklahoma 893 Pennsylvania 3,525
South Dakota 8,772 Wisconsin 660
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