USDA National Daily Direct Hog Prior Day Report 07/02 08:00
07/02/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 07/02 08:00
LM_HG218
Des Moines, IA Wed, Jul 02, 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
--------------------------
Producer Sold
Negotiated 9,134 4,152 12,978
Other Market Formula 28,385 37,502 24,699
Swine/Pork Market Formula 118,604 119,364 125,386
Other Purchase Arrangement 57,407 58,703 57,891
Negotiated Formula 511 650 40
Pack. Sold (all purchase types) 33,157 29,605 33,451
================================================================================
Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 8,250 26,171 113,418 54,541 30 202,410
Base Price 112.15 93.82 107.50 103.41 104.82
Packer Sold
Head Count 33,150
Base Price 108.12
================================================================================
Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
---------------------------------------------
Negotiated (carcass basis)
Head Count 8,250
Lowest Base Price 106.50
Highest Base Price 114.00
Weighted Average Price 112.15 111.96 112.22
Negotiated Formula (carcass basis)
Head Count 30
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 8,280
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 29,327 13,208 17,933 11,394
Lowest Base Price 75.33
Highest Base Price 111.35
Weighted Average Price 95.52
Swine/Pork Market Formula (carcass basis)
Head Count 137,945 81,175 96,651 37,693
Lowest Base Price 96.91 96.91 96.91 97.79
Highest Base Price 115.02 114.97 114.97 115.02
Weighted Average Price 107.50 107.07 107.15 108.05
Other Purchase Arrangement (carcass basis)
Head Count 60,176 38,830 42,650 16,234
Lowest Base Price 79.76 79.76 79.76 85.37
Highest Base Price 114.57 114.57 114.57 111.95
Weighted Average Price 104.01 104.72 104.97 101.04
Negotiated (live basis)
Head Count 884
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 481
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,365
Lowest Base Price
Highest Base Price
Weighted Average Price
================================================================================
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)
================================================================================
CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -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# .00 3.00 225# -1.33 2.00
================================================================================
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog210.26 lb carcass .68 inch back-fat
7.60 square inch loin 2.53 inch loin depth FFLI: 52.71
Price Range $110.50 - $120.00
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
-------------------------------------------
California 75 Canada 4,362
Iowa 89,865 Illinois 21,676
Indiana 15,464 Kansas 1,375
Kentucky 1,419 Michigan 6,050
Minnesota 49,308 Missouri 3,383
North Carolina 7,213 North Dakota 170
Nebraska 15,095 Ohio 19,781
Oklahoma 1,579 Pennsylvania 1,559
South Dakota 7,994 Virginia 112
Wisconsin 886
================================================================================
[0600059D]