USDA National Daily Direct Morning Hog Report 06/26 10:55
06/26/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 06/26 10:55
LSDLM_HG216
Des Moines, IA Thu, Jun 26, 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 1,908 1,408 3,659 2,086
Other Market Formula 20,650 20,242 21,099 19,400
Swine/Pork Market Formula 92,470 79,552 82,968 97,005
Other Purchase Arrangement 46,183 43,349 49,001 53,121
Negotiated Formula 1,145 1,145 485 824
Pack. Sold (all purchase types) 24,059 24,059 20,817 28,781
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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 652
Lowest Base Price 102.00
Highest Base Price 110.00
Weighted Average Price 108.09 108.95 108.84
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 495
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,147
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 21,313 11,288 15,266 6,047
Lowest Base Price 81.73
Highest Base Price 114.57
Weighted Average Price 108.11
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 94,446 54,484 64,555 26,565
Lowest Base Price 102.11 102.11 102.11 103.54
Highest Base Price 116.25 116.25 116.25 114.41
Weighted Average Price 110.87 111.08 110.92 110.76
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 42,998 24,776 26,937 15,415
Lowest Base Price 80.50 80.50 80.50 83.90
Highest Base Price 119.93 119.93 119.93 113.89
Weighted Average Price 107.70 110.46 110.55 102.51
Change from Previous Day
Negotiated (live basis)
Head Count 756
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 650
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,406
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# -27.00 -14.62 175# -10.80 -1.35 205# .00 4.00
155# -26.00 -11.82 185# -1.00 .00 215# .00 4.00
165# -26.00 -3.37 195# .00 3.00 225# -1.33 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.35
Price Range $109.00 - $114.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,194 Colorado 158
Iowa 61,771 Illinois 14,791
Indiana 7,042 Kansas 1,219
Kentucky 3,009 Michigan 5,292
Minnesota 30,440 Missouri 3,062
Montana 401 North Carolina 6,361
Nebraska 12,011 Ohio 10,246
Oklahoma 1,418 Pennsylvania 4,435
South Carolina 175 South Dakota 1,950
Tennessee 2,145 Wisconsin 635
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