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USDA National Daily Direct Morning Hog Report 08/07 10:55

USDA National Daily Direct Morning Hog Report 08/07 10:55

LSDLM_HG216
Des Moines, IA                             Thu, Aug 07, 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                                  3,516     2,261     2,087     3,103
 Other Market Formula                       17,734    16,418    22,915    22,661
 Swine/Pork Market Formula                 102,092    85,369    80,808    91,085
 Other Purchase Arrangement                 56,720    53,088    49,017    53,924
 Negotiated Formula                            205       205       505       265
Pack. Sold (all purchase types)             22,347    22,347    20,932    28,110
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                          1,565                                    
   Lowest Base Price                  105.50                                    
   Highest Base Price                 113.00                                    
   Weighted Average Price             107.48                                    
   Change from Previous Day            -6.87                                    
Negotiated Formula (carcass basis)
   Head Count                             40                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,605                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         16,162       7,970      11,596       4,566
   Lowest Base Price                   86.60                               86.85
   Highest Base Price                 110.62                              110.03
   Weighted Average Price             102.95                               99.34
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         98,525      58,597      68,128      26,948
   Lowest Base Price                   99.22       99.22       99.22       99.75
   Highest Base Price                 119.69      119.69      119.69      116.77
   Weighted Average Price             108.04      107.93      107.89      108.08
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         53,070      34,884      36,858      15,398
   Lowest Base Price                   77.90       77.90       77.90       87.14
   Highest Base Price                 116.27      116.27      116.27      109.58
   Weighted Average Price             103.55      104.93      105.07       99.66
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            696                                    
   Lowest Base Price                   75.00                                    
   Highest Base Price                  87.75                                    
   Weighted Average Price              81.43                               83.45
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            861                                    
   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#  -25.00 -14.62         175#   -4.00  -1.35         205#     .00   4.00
    155#  -25.00  -9.00         185#     .00    .00         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 Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.21       
 
Price Range $109.50 - $117.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,688          Colorado                159
Iowa                 64,797          Illinois             17,408
Indiana               5,612          Kansas                  170
Kentucky                540          Michigan              4,590
Minnesota            38,133          Missouri              3,916
Montana                 421          North Carolina        7,172
Nebraska             10,978          New York                160
Ohio                 13,112          Oklahoma              1,204
Pennsylvania          4,389          South Dakota          2,940
Wisconsin               299          
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