USDA National Daily Direct Afternoon Hog Report 06/23 14:50
06/23/2025 | 2:50 pm CDT USDA National Daily Direct Afternoon Hog Report 06/23 14:50
LSDLM_HG217
Des Moines, IA Mon, Jun 23, 2025
DAILY DIRECT AFTERNOON 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 1,951 1,951 2,016 4,525
Other Market Formula 29,942 29,942 70,013 37,261
Swine/Pork Market Formula 124,829 124,829 122,676 120,405
Other Purchase Arrangement 86,378 86,378 74,842 84,016
Negotiated Formula 320 320 253 495
Pack. Sold (all purchase types) 41,147 41,147 38,283 39,400
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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 1,137
Lowest Base Price 104.00
Highest Base Price 112.00
Weighted Average Price 109.35 109.91
Change from Previous Day -1.11 -1.83
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,457
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 31,689 18,154 23,219 8,470
Lowest Base Price 72.87 86.00
Highest Base Price 114.52 112.78
Weighted Average Price 98.71 92.34
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 146,967 88,679 106,008 37,984
Lowest Base Price 99.94 99.94 99.94 101.43
Highest Base Price 116.24 116.24 116.24 116.21
Weighted Average Price 108.86 108.66 108.76 109.22
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 94,069 64,413 71,329 22,097
Lowest Base Price 77.60 80.17 80.17 77.60
Highest Base Price 118.60 118.60 118.60 113.58
Weighted Average Price 101.98 101.42 102.54 99.85
Change from Previous Day
Negotiated (live basis)
Head Count 792
Lowest Base Price 75.75
Highest Base Price 86.50
Weighted Average Price 80.89
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 792
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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# -32.00 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -11.82 185# -1.00 1.50 215# .00 4.00
165# -25.00 -3.37 195# -.50 3.00 225# -1.33 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: 53.55
Price Range $111.50 - $115.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 2,864 Colorado 118
Iowa 121,962 Illinois 14,676
Indiana 17,357 Kansas 1,431
Kentucky 1,683 Michigan 7,553
Minnesota 52,011 Missouri 3,122
Montana 442 North Carolina 6,832
Nebraska 17,533 Ohio 22,132
Oklahoma 894 Pennsylvania 3,822
South Dakota 9,314 Wisconsin 821
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