USDA National Daily Direct Hog Prior Day Report 07/15 08:00
07/15/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 07/15 08:00
LM_HG218
Des Moines, IA Tue, Jul 15, 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 4,589 1,623 1,786
Other Market Formula 27,161 43,911 26,668
Swine/Pork Market Formula 115,102 116,983 126,731
Other Purchase Arrangement 54,936 56,177 56,742
Negotiated Formula 485 320 90
Pack. Sold (all purchase types) 35,722 30,989 34,713
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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 2,625 24,015 109,900 51,894 188,434
Base Price 110.94 100.00 105.11 101.97 103.67
Packer Sold
Head Count 35,722
Base Price 105.87
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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 2,625
Lowest Base Price 97.00
Highest Base Price 113.50
Weighted Average Price 110.94 108.82 110.94
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,625
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 27,375 14,535 19,326 8,049
Lowest Base Price 82.83 85.20
Highest Base Price 108.45 107.98
Weighted Average Price 100.94 102.62
Swine/Pork Market Formula (carcass basis)
Head Count 132,382 78,807 94,445 35,606
Lowest Base Price 95.31 95.31 95.31 95.63
Highest Base Price 114.08 114.08 114.08 112.44
Weighted Average Price 105.11 104.96 104.95 105.36
Other Purchase Arrangement (carcass basis)
Head Count 61,774 35,021 42,888 17,909
Lowest Base Price 79.25 79.25 79.25 85.37
Highest Base Price 113.45 113.45 113.45 107.27
Weighted Average Price 102.77 103.10 103.84 99.93
Negotiated (live basis)
Head Count 1,802
Lowest Base Price 75.00
Highest Base Price 86.15
Weighted Average Price 80.86 80.86
Negotiated Formula (live basis)
Head Count 485
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,287
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 -1.35 205# .00 4.00
155# -25.00 -9.00 185# -1.50 .00 215# .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 Hog210.76 lb carcass .64 inch back-fat
7.69 square inch loin 2.56 inch loin depth FFLI: 53.36
Price Range $104.50 - $114.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,196 Iowa 86,197
Illinois 18,391 Indiana 15,101
Kansas 942 Kentucky 3,349
Maryland 149 Michigan 7,317
Minnesota 45,201 Missouri 3,956
Montana 440 North Carolina 6,877
Nebraska 18,684 Ohio 12,153
Oklahoma 892 Pennsylvania 4,125
South Dakota 8,880 Tennessee 2,145
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