USDA National Daily Direct Hog Prior Day Report 07/28 08:00
07/28/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 07/28 08:00
LM_HG218
Des Moines, IA Mon, Jul 28, 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 2,419 2,432 1,606
Other Market Formula 20,126 22,798 34,002
Swine/Pork Market Formula 120,702 114,672 146,479
Other Purchase Arrangement 63,318 65,022 93,681
Negotiated Formula 206 260
Pack. Sold (all purchase types) 34,326 29,909 30,679
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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 1,459 18,205 115,373 60,425 50 195,512
Base Price 108.53 101.30 108.26 102.31 105.78
Packer Sold
Head Count 34,301
Base Price 109.58
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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 1,459
Lowest Base Price 98.00
Highest Base Price 115.00
Weighted Average Price 108.53 108.70 108.73
Negotiated Formula (carcass basis)
Head Count 50
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,509
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 22,195 14,235 19,992 2,203
Lowest Base Price 80.68 87.92
Highest Base Price 111.05 109.70
Weighted Average Price 102.71 100.60
Swine/Pork Market Formula (carcass basis)
Head Count 137,856 80,936 97,328 36,952
Lowest Base Price 98.73 98.73 98.73 99.91
Highest Base Price 116.58 116.28 116.28 116.58
Weighted Average Price 108.42 108.37 108.40 108.34
Other Purchase Arrangement (carcass basis)
Head Count 68,253 42,706 46,591 20,522
Lowest Base Price 75.85 78.39 78.39 75.85
Highest Base Price 121.23 121.23 121.23 115.07
Weighted Average Price 103.27 105.11 105.43 97.99
Negotiated (live basis)
Head Count 915
Lowest Base Price 70.00
Highest Base Price 89.15
Weighted Average Price 86.02
Negotiated Formula (live basis)
Head Count 156
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,071
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# -4.00 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 Hog214.07 lb carcass .72 inch back-fat
7.51 square inch loin 2.50 inch loin depth FFLI: 52.05
Price Range $105.00 - $115.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,428 Iowa 89,492
Illinois 14,772 Indiana 16,248
Kansas 1,165 Kentucky 1,783
Michigan 6,916 Minnesota 50,238
Missouri 2,113 North Carolina 7,020
Nebraska 14,848 Ohio 16,546
Oklahoma 1,210 Pennsylvania 3,210
South Dakota 10,741 Wisconsin 367
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