USDA National Daily Direct Morning Hog Report 08/04 11:20
08/04/2025 | 11:20 am CDT USDA National Daily Direct Morning Hog Report 08/04 11:20
LSDLM_HG216
Des Moines, IA Mon, Aug 04, 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 2,251 996 1,476 558
Other Market Formula 30,483 29,643 19,352 40,959
Swine/Pork Market Formula 87,081 69,975 86,649 96,904
Other Purchase Arrangement 216,483 212,912 56,484 84,619
Negotiated Formula 50 50 206
Pack. Sold (all purchase types) 28,835 28,835 26,320 29,442
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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 150
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 50
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 200
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 30,882 22,892 27,934 2,948
Lowest Base Price 80.68 86.35 80.68 88.67
Highest Base Price 111.47 111.47 111.47 107.35
Weighted Average Price 97.66 96.03 97.59 98.32
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 86,849 50,164 60,205 24,162
Lowest Base Price 96.90 96.90 96.90 98.73
Highest Base Price 115.00 114.99 114.99 115.00
Weighted Average Price 107.59 107.34 107.23 108.10
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 214,648 198,469 199,418 14,905
Lowest Base Price 75.46 77.90 77.90 75.46
Highest Base Price 115.37 115.37 115.37 109.34
Weighted Average Price 89.86 89.36 89.44 95.02
Change from Previous Day
Negotiated (live basis)
Head Count 799
Lowest Base Price 78.75
Highest Base Price 87.00
Weighted Average Price 82.63
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 799
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 1,605 Iowa 242,796
Illinois 13,617 Indiana 11,178
Kansas 1,196 Kentucky 1,444
Michigan 4,516 Minnesota 29,806
Missouri 2,142 Montana 445
North Carolina 6,190 Nebraska 11,563
Ohio 8,966 Oklahoma 1,202
Pennsylvania 2,299 South Dakota 3,446
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