USDA National Daily Direct Afternoon Hog Report 07/24 14:55
07/24/2025 | 2:56 pm CDT USDA National Daily Direct Afternoon Hog Report 07/24 14:55
LSDLM_HG217
Des Moines, IA Thu, Jul 24, 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 2,030 2,030 2,410 2,324
Other Market Formula 26,225 26,225 21,079 29,304
Swine/Pork Market Formula 104,840 104,840 120,175 121,053
Other Purchase Arrangement 60,856 60,856 60,387 54,949
Negotiated Formula 493 493 635 334
Pack. Sold (all purchase types) 39,112 39,112 26,070 29,919
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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 4,482
Lowest Base Price 98.00
Highest Base Price 115.00
Weighted Average Price 113.61 114.28 112.89
Change from Previous Day -1.36 -.51 -1.87
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 4,482
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 27,483 14,795 21,343 6,140
Lowest Base Price 81.03 81.03
Highest Base Price 110.22 109.00
Weighted Average Price 98.25 87.02
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 127,989 77,674 90,742 33,661
Lowest Base Price 98.48 98.48 98.48 99.65
Highest Base Price 119.76 119.76 119.76 117.97
Weighted Average Price 108.67 108.65 108.70 108.53
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,436 35,139 38,664 21,794
Lowest Base Price 78.80 78.80 78.80 85.37
Highest Base Price 117.46 117.46 117.46 109.64
Weighted Average Price 105.12 106.68 106.82 101.91
Change from Previous Day
Negotiated (live basis)
Head Count 776
Lowest Base Price 75.25
Highest Base Price 90.20
Weighted Average Price 83.95 86.41
Change from Previous Day
Negotiated Formula (live basis)
Head Count 493
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,269
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# -27.88 -13.00 175# -11.15 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -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: 52.22
Price Range $105.00 - $117.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,342 Colorado 160
Iowa 88,386 Illinois 20,890
Indiana 12,804 Kansas 851
Kentucky 1,053 Michigan 7,195
Minnesota 42,386 Missouri 2,514
Montana 424 North Carolina 6,606
Nebraska 14,109 Ohio 16,434
Oklahoma 1,529 Pennsylvania 5,180
South Dakota 8,203 Wisconsin 490
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