USDA National Daily Direct Morning Hog Report 06/23 10:55
06/23/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 06/23 10:55
LSDLM_HG216
Des Moines, IA Mon, Jun 23, 2025
DAILY DIRECT MORNING 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 2,902 1,652 952 3,635
Other Market Formula 23,074 21,782 20,576 30,469
Swine/Pork Market Formula 95,026 83,482 84,323 97,580
Other Purchase Arrangement 77,147 73,810 61,511 75,906
Negotiated Formula 320 320 253 495
Pack. Sold (all purchase types) 32,662 32,662 27,720 35,728
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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 860
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,180
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,168 13,585 16,960 7,208
Lowest Base Price 78.75 86.00
Highest Base Price 114.52 112.78
Weighted Average Price 99.57 91.54
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 98,347 59,719 70,505 25,189
Lowest Base Price 99.94 99.94 99.94 101.43
Highest Base Price 116.24 116.24 116.24 116.21
Weighted Average Price 109.64 109.55 109.67 109.74
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 81,832 59,001 65,917 15,432
Lowest Base Price 77.60 80.17 80.17 77.60
Highest Base Price 118.60 118.60 118.60 113.58
Weighted Average Price 101.88 101.37 102.59 98.49
Change from Previous Day
Negotiated (live basis)
Head Count 792
Lowest Base Price 75.75
Highest Base Price 86.50
Weighted Average Price 80.89
Change from Previous Day
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 792
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) 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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 2,382 Colorado 118
Iowa 93,747 Illinois 12,077
Indiana 7,547 Kansas 1,431
Kentucky 1,683 Michigan 4,210
Minnesota 40,844 Missouri 2,782
Montana 442 North Carolina 6,832
Nebraska 15,010 Ohio 15,392
Oklahoma 894 Pennsylvania 3,652
South Dakota 3,844 Wisconsin 821
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