USDA National Daily Direct Hog Prior Day Report 06/25 07:45
06/25/2025 | 7:45 am CDT USDA National Daily Direct Hog Prior Day Report 06/25 07:45
LM_HG218
Des Moines, IA Wed, Jun 25, 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 4,152 10,947 10,177
Other Market Formula 37,502 27,262 23,013
Swine/Pork Market Formula 119,364 119,113 130,065
Other Purchase Arrangement 58,703 54,348 57,105
Negotiated Formula 650 485 767
Pack. Sold (all purchase types) 29,605 29,727 33,134
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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 3,675 35,561 115,419 54,992 330 209,977
Base Price 111.96 98.52 110.01 107.56 107.46
Packer Sold
Head Count 29,605
Base Price 109.94
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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 4,005
Lowest Base Price 103.00
Highest Base Price 114.00
Weighted Average Price 111.64 111.64 111.64
Negotiated Formula (carcass basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,335
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 39,086 12,325 17,950 21,136
Lowest Base Price 81.73 86.50
Highest Base Price 114.95 114.95
Weighted Average Price 99.82 96.61
Swine/Pork Market Formula (carcass basis)
Head Count 138,357 80,859 96,706 37,939
Lowest Base Price 101.43 101.43 101.43 103.00
Highest Base Price 116.51 116.29 116.29 116.51
Weighted Average Price 109.94 109.90 109.90 110.00
Other Purchase Arrangement (carcass basis)
Head Count 57,967 40,341 42,021 15,170
Lowest Base Price 80.17 80.17 80.17 83.90
Highest Base Price 119.98 119.98 119.98 114.43
Weighted Average Price 107.67 109.84 109.87 101.29
Negotiated (live basis)
Head Count 461
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 781
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# -30.00 -14.62 175# -11.40 1.00 205# .00 4.00
155# -30.00 -11.82 185# .00 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog211.20 lb carcass .64 inch back-fat
7.97 square inch loin 2.65 inch loin depth FFLI: 53.52
Price Range $110.50 - $117.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 120 Canada 4,090
Iowa 94,129 Illinois 13,298
Indiana 16,499 Kansas 1,871
Kentucky 3,360 Michigan 7,494
Minnesota 44,176 Missouri 2,073
Montana 219 North Carolina 6,762
North Dakota 175 Nebraska 14,103
Ohio 26,289 Oklahoma 1,417
Pennsylvania 3,907 South Dakota 7,594
Tennessee 2,145 Wisconsin 418
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