USDA National Daily Direct Morning Hog Report 06/25 10:55
06/25/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 06/25 10:55
LSDLM_HG216
Des Moines, IA Wed, Jun 25, 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 2,373 1,923 10,626 3,472
Other Market Formula 19,305 18,261 23,960 21,168
Swine/Pork Market Formula 95,335 85,345 83,034 96,439
Other Purchase Arrangement 50,199 47,918 46,390 49,395
Negotiated Formula 815 815 650 602
Pack. Sold (all purchase types) 20,610 20,610 22,522 30,981
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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 1,760
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,090
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,316 7,514 11,874 7,442
Lowest Base Price 81.73
Highest Base Price 114.70
Weighted Average Price 106.38
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 96,764 56,900 67,271 25,826
Lowest Base Price 103.33 104.55 104.55 103.33
Highest Base Price 116.51 116.29 116.29 116.51
Weighted Average Price 110.68 110.78 110.66 110.76
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 47,650 34,641 36,321 10,370
Lowest Base Price 80.17 80.17 80.17 83.90
Highest Base Price 119.98 119.98 119.98 113.66
Weighted Average Price 107.39 109.34 109.39 99.92
Change from Previous Day
Negotiated (live basis)
Head Count 163
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 485
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 648
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 3,787 Iowa 67,601
Illinois 10,850 Indiana 8,143
Kansas 1,536 Kentucky 3,115
Michigan 5,073 Minnesota 33,709
Missouri 1,788 North Carolina 6,762
North Dakota 175 Nebraska 12,142
Ohio 9,360 Oklahoma 1,417
Pennsylvania 3,809 South Dakota 2,890
Tennessee 2,390 Wisconsin 325
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