USDA National Daily Direct Afternoon Hog Report 07/25 15:00
07/25/2025 | 3:00 pm CDT USDA National Daily Direct Afternoon Hog Report 07/25 15:00
LSDLM_HG217
Des Moines, IA Fri, Jul 25, 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 2,921 2,921 2,471 2,097
Other Market Formula 20,883 20,883 20,501 30,075
Swine/Pork Market Formula 116,811 116,811 118,719 143,463
Other Purchase Arrangement 56,996 56,996 53,006 55,152
Negotiated Formula 170 170 170 320
Pack. Sold (all purchase types) 30,530 30,530 23,424 33,783
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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 1,809
Lowest Base Price 98.00
Highest Base Price 115.00
Weighted Average Price 110.27 110.79 110.67
Change from Previous Day -3.34 -3.49 -2.22
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 1,809
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,714 16,741 20,056 658
Lowest Base Price 80.68
Highest Base Price 110.32
Weighted Average Price 102.26
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 137,971 84,972 97,589 37,119
Lowest Base Price 98.73 98.73 98.73 99.91
Highest Base Price 117.47 117.47 117.47 116.61
Weighted Average Price 108.61 108.64 108.73 108.21
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 57,703 26,915 32,185 24,378
Lowest Base Price 79.84 79.84 79.84 85.37
Highest Base Price 121.23 121.23 121.23 115.07
Weighted Average Price 104.92 106.55 106.75 102.26
Change from Previous Day
Negotiated (live basis)
Head Count 1,067
Lowest Base Price 70.00
Highest Base Price 89.15
Weighted Average Price 84.18
Change from Previous Day .23
Negotiated Formula (live basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,237
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# -30.00 -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# .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: 52.05
Price Range $105.00 - $117.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,588 Iowa 92,116
Illinois 18,937 Indiana 12,660
Kansas 1,319 Kentucky 1,573
Michigan 6,960 Minnesota 38,704
Missouri 1,790 North Carolina 6,481
North Dakota 170 Nebraska 11,045
Ohio 17,372 Oklahoma 880
Pennsylvania 4,488 South Dakota 8,861
Wisconsin 367
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