USDA National Daily Direct Morning Hog Report 07/02 10:55
07/02/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 07/02 10:55
LSDLM_HG216
Des Moines, IA Wed, Jul 02, 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 8,191 7,206 1,923 1,428
Other Market Formula 23,291 22,863 18,261 23,339
Swine/Pork Market Formula 98,299 83,989 85,345 112,493
Other Purchase Arrangement 54,577 51,149 47,918 55,734
Negotiated Formula 320 320 815 101
Pack. Sold (all purchase types) 26,056 26,056 20,610 25,759
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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 6,540
Lowest Base Price 106.50
Highest Base Price 114.00
Weighted Average Price 112.09 111.43 112.09
Change from Previous Day 2.81 2.81
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 6,540
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,934 10,165 14,061 8,873
Lowest Base Price 81.73 84.43
Highest Base Price 111.35 111.35
Weighted Average Price 98.82 92.69
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 98,576 59,634 69,849 25,568
Lowest Base Price 95.45 96.91 96.91 95.45
Highest Base Price 114.97 114.97 114.97 114.65
Weighted Average Price 106.81 106.54 106.57 106.87
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 53,483 33,752 36,552 16,131
Lowest Base Price 79.76 79.76 79.76 85.37
Highest Base Price 114.89 114.89 114.89 106.99
Weighted Average Price 103.37 105.02 105.03 99.35
Change from Previous Day
Negotiated (live basis)
Head Count 666
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 986
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# -30.00 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.71
Price Range $110.50 - $119.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,000 Iowa 70,545
Illinois 16,759 Indiana 6,912
Kansas 1,211 Kentucky 1,419
Michigan 3,835 Minnesota 37,922
Missouri 3,383 North Carolina 7,213
North Dakota 170 Nebraska 11,064
Ohio 19,089 Oklahoma 1,579
Pennsylvania 1,530 South Dakota 5,025
Virginia 112 Wisconsin 815
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