USDA National Daily Direct Afternoon Hog Report 07/23 14:55
07/23/2025 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 07/23 14:55
LSDLM_HG217
Des Moines, IA Wed, Jul 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 12,265 12,265 7,680 7,386
Other Market Formula 19,008 19,008 28,649 40,770
Swine/Pork Market Formula 112,387 112,387 112,460 130,325
Other Purchase Arrangement 56,502 56,502 58,585 63,179
Negotiated Formula 340 340 1,330
Pack. Sold (all purchase types) 32,127 32,127 33,835 41,573
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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 11,227
Lowest Base Price 104.50
Highest Base Price 118.50
Weighted Average Price 114.97 114.79 114.76 116.90
Change from Previous Day 1.02 .81 .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 11,227
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 23,008 13,446 18,956 4,052
Lowest Base Price 80.68 87.92
Highest Base Price 111.40 111.40
Weighted Average Price 101.32 100.70
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 134,462 76,660 89,230 41,617
Lowest Base Price 99.25 99.25 99.25 100.43
Highest Base Price 118.95 118.95 118.95 117.00
Weighted Average Price 108.51 108.66 108.66 108.16
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 59,672 36,744 39,504 19,356
Lowest Base Price 78.80 78.80 78.80 85.37
Highest Base Price 117.29 117.29 117.29 110.89
Weighted Average Price 104.35 106.06 106.25 100.25
Change from Previous Day
Negotiated (live basis)
Head Count 770
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 340
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,110
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 -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# -.50 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog3 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.24
Price Range $108.50 - $118.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,234 Iowa 93,587
Illinois 14,296 Indiana 13,876
Kansas 1,502 Kentucky 380
Michigan 6,983 Minnesota 44,559
Missouri 2,376 North Carolina 6,571
Nebraska 12,737 New York 160
Ohio 18,799 Oklahoma 1,540
Pennsylvania 4,547 South Carolina 150
South Dakota 6,452 Wisconsin 880
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