USDA National Daily Direct Hog Prior Day Report 06/23 07:55
06/23/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 06/23 07:55
LM_HG218
Des Moines, IA Mon, Jun 23, 2025
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 1,945 3,106 5,486
Other Market Formula 24,322 30,703 34,262
Swine/Pork Market Formula 126,057 119,283 131,986
Other Purchase Arrangement 81,239 67,093 85,288
Negotiated Formula 491 439 829
Pack. Sold (all purchase types) 34,178 32,520 35,440
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 950 22,513 120,678 78,545 320 223,006
Base Price 110.23 99.43 108.48 101.29 105.05
Packer Sold
Head Count 34,161
Base Price 109.21
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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 950
Lowest Base Price 104.00
Highest Base Price 115.00
Weighted Average Price 110.23 112.95 108.27
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,270
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 26,208 17,001 22,898 3,310
Lowest Base Price 78.75
Highest Base Price 114.52
Weighted Average Price 101.32
Swine/Pork Market Formula (carcass basis)
Head Count 145,093 83,507 100,747 41,422
Lowest Base Price 99.65 99.65 99.65 101.13
Highest Base Price 116.26 116.26 116.26 115.37
Weighted Average Price 108.46 108.49 108.55 108.31
Other Purchase Arrangement (carcass basis)
Head Count 84,596 61,420 65,491 18,309
Lowest Base Price 77.60 80.17 80.17 77.60
Highest Base Price 118.60 118.60 118.60 114.99
Weighted Average Price 101.94 101.94 102.45 99.71
Negotiated (live basis)
Head Count 794
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 171
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 965
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.00 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 Hog211.67 lb carcass .64 inch back-fat
8.03 square inch loin 2.67 inch loin depth FFLI: 53.55
Price Range $110.00 - $119.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,497 Colorado 118
Iowa 117,333 Illinois 15,849
Indiana 18,796 Kansas 1,443
Kentucky 1,729 Michigan 8,875
Minnesota 46,677 Missouri 2,799
Montana 221 North Carolina 6,832
Nebraska 15,376 Ohio 13,733
Oklahoma 894 Pennsylvania 2,995
South Dakota 10,009 Wisconsin 1,056
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