USDA National Daily Direct Hog Prior Day Report 07/10 07:50
07/10/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 07/10 07:50
LM_HG218
Des Moines, IA Thu, Jul 10, 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 5,325 4,757 9,120
Other Market Formula 27,354 28,756 26,029
Swine/Pork Market Formula 121,548 116,043 126,462
Other Purchase Arrangement 55,799 55,335 56,747
Negotiated Formula 941 320 160
Pack. Sold (all purchase types) 29,560 29,356 32,397
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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 4,400 24,366 117,576 52,695 510 199,547
Base Price 112.01 98.76 105.11 100.99 103.41
Packer Sold
Head Count 29,298
Base Price 105.09
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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 5,200
Lowest Base Price 101.00
Highest Base Price 116.00
Weighted Average Price 112.16 112.17 112.32
Negotiated Formula (carcass basis)
Head Count 510
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,710
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,166 16,328 18,768 6,398
Lowest Base Price 79.92
Highest Base Price 108.85
Weighted Average Price 99.06
Swine/Pork Market Formula (carcass basis)
Head Count 142,263 84,038 99,826 39,097
Lowest Base Price 92.80 92.80 92.80 93.95
Highest Base Price 116.49 116.49 116.49 114.96
Weighted Average Price 105.07 104.99 105.04 104.85
Other Purchase Arrangement (carcass basis)
Head Count 55,706 37,217 39,205 15,851
Lowest Base Price 76.97 79.60 79.60 76.97
Highest Base Price 113.21 113.21 113.21 105.94
Weighted Average Price 101.13 102.34 102.41 97.69
Negotiated (live basis)
Head Count 729
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 431
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,160
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# -25.00 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -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 Hog209.78 lb carcass .66 inch back-fat
7.69 square inch loin 2.56 inch loin depth FFLI: 53.07
Price Range $108.00 - $118.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,048 Colorado 159
Iowa 94,242 Illinois 16,326
Indiana 15,386 Kansas 1,688
Kentucky 548 Michigan 5,840
Minnesota 49,146 Missouri 3,702
North Carolina 6,701 Nebraska 9,429
Ohio 14,745 Oklahoma 1,576
Pennsylvania 3,996 South Dakota 8,766
Tennessee 4,125 Wisconsin 1,104
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