USDA National Daily Direct Hog Prior Day Report 06/24 07:55
06/24/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 06/24 07:55
LM_HG218
Des Moines, IA Tue, Jun 24, 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 4,065 2,339 3,178
Other Market Formula 28,305 157,384 23,341
Swine/Pork Market Formula 110,644 114,676 122,167
Other Purchase Arrangement 53,920 65,683 56,123
Negotiated Formula 320 473 826
Pack. Sold (all purchase types) 37,158 32,371 38,840
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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 2,872 26,206 105,774 51,040 185,892
Base Price 110.37 96.29 109.53 105.80 106.65
Packer Sold
Head Count 37,158
Base Price 110.40
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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 2,872
Lowest Base Price 103.00
Highest Base Price 115.00
Weighted Average Price 110.37 111.14 110.68
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,872
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 29,406 15,645 20,915 8,491
Lowest Base Price 72.87 86.00
Highest Base Price 115.20 114.03
Weighted Average Price 98.19 93.58
Swine/Pork Market Formula (carcass basis)
Head Count 129,633 76,214 92,487 34,215
Lowest Base Price 101.27 101.43 101.43 101.27
Highest Base Price 116.33 115.01 115.01 116.33
Weighted Average Price 109.47 109.34 109.38 109.76
Other Purchase Arrangement (carcass basis)
Head Count 61,139 39,279 46,409 14,087
Lowest Base Price 80.17 80.17 80.17 83.90
Highest Base Price 119.46 119.46 119.46 114.29
Weighted Average Price 106.84 108.15 108.83 99.99
Negotiated (live basis)
Head Count 1,171
Lowest Base Price 81.75
Highest Base Price 85.25
Weighted Average Price 83.44
Negotiated Formula (live basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,491
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 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 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 Hog212.12 lb carcass .65 inch back-fat
8.03 square inch loin 2.67 inch loin depth FFLI: 53.39
Price Range $110.00 - $115.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 2,835 Iowa 89,563
Illinois 12,841 Indiana 12,962
Kansas 1,246 Kentucky 1,555
Maryland 304 Michigan 6,858
Minnesota 45,176 Missouri 2,778
Montana 442 North Carolina 6,883
Nebraska 18,355 Ohio 17,905
Oklahoma 1,059 Pennsylvania 4,261
South Dakota 9,234 Wisconsin 155
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