USDA National Daily Direct Morning Hog Report 07/21 11:00
07/21/2025 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 07/21 11:00
LSDLM_HG216
Des Moines, IA Mon, Jul 21, 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 3,374 2,284 1,084 930
Other Market Formula 30,961 30,477 25,881 26,035
Swine/Pork Market Formula 97,339 83,004 87,227 96,600
Other Purchase Arrangement 61,924 59,191 65,577 84,428
Negotiated Formula 120 1,185
Pack. Sold (all purchase types) 29,424 29,424 36,319 26,192
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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 1,545
Lowest Base Price 103.00
Highest Base Price 114.50
Weighted Average Price 109.88 111.43
Change from Previous Day 3.47
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 1,545
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 31,358 13,115 18,520 12,838
Lowest Base Price 77.00 85.30
Highest Base Price 108.22 106.95
Weighted Average Price 97.10 94.05
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 99,840 61,161 70,848 26,125
Lowest Base Price 97.71 97.71 97.71 102.29
Highest Base Price 115.89 115.89 115.89 114.82
Weighted Average Price 106.77 106.48 106.46 107.45
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,633 39,429 41,209 20,264
Lowest Base Price 76.18 78.80 78.80 76.18
Highest Base Price 115.66 115.66 115.66 110.13
Weighted Average Price 101.86 103.94 104.15 97.15
Change from Previous Day
Negotiated (live basis)
Head Count 739
Lowest Base Price 73.00
Highest Base Price 83.10
Weighted Average Price 79.85 80.25
Change from Previous Day 2.38 1.51
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 739
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 -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 Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.75
Price Range $107.00 - $114.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 1,765 Iowa 76,145
Illinois 13,454 Indiana 19,177
Kansas 865 Kentucky 1,262
Michigan 5,708 Minnesota 39,415
Missouri 2,908 Montana 442
North Carolina 6,840 North Dakota 162
Nebraska 11,681 Ohio 16,022
Oklahoma 1,260 Pennsylvania 3,574
South Dakota 3,223 Wisconsin 477
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