USDA National Daily Direct Hog Prior Day Report 07/18 08:00
07/18/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 07/18 08:00
LM_HG218
Des Moines, IA Fri, Jul 18, 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 2,237 3,778 4,500
Other Market Formula 21,912 28,165 20,523
Swine/Pork Market Formula 122,822 113,018 125,292
Other Purchase Arrangement 45,881 43,005 48,165
Negotiated Formula 475 308 265
Pack. Sold (all purchase types) 25,737 28,340 30,240
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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 1,655 18,764 117,904 42,255 150 180,728
Base Price 108.46 99.62 106.46 103.16 105.00
Packer Sold
Head Count 25,736
Base Price 106.12
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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 1,655
Lowest Base Price 101.00
Highest Base Price 113.00
Weighted Average Price 108.46 109.63 108.54
Negotiated Formula (carcass basis)
Head Count 150
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,805
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 21,004 14,359 16,785 4,219
Lowest Base Price 69.10 69.10
Highest Base Price 111.03 111.03
Weighted Average Price 100.39 99.70
Swine/Pork Market Formula (carcass basis)
Head Count 139,811 83,227 97,358 39,435
Lowest Base Price 96.08 96.08 96.08 97.53
Highest Base Price 115.86 115.46 115.46 115.86
Weighted Average Price 106.42 106.29 106.39 106.41
Other Purchase Arrangement (carcass basis)
Head Count 44,169 24,084 26,801 16,394
Lowest Base Price 80.07 80.07 80.07 85.37
Highest Base Price 114.98 114.98 114.98 108.76
Weighted Average Price 103.21 104.95 105.11 99.85
Negotiated (live basis)
Head Count 533
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 325
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 858
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 -13.00 175# -11.10 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog211.58 lb carcass .67 inch back-fat
7.75 square inch loin 2.58 inch loin depth FFLI: 52.94
Price Range $107.00 - $116.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,200 Iowa 80,346
Illinois 19,987 Indiana 14,746
Kansas 1,165 Kentucky 1,499
Michigan 7,389 Minnesota 43,189
Missouri 3,632 Montana 667
North Carolina 6,601 North Dakota 170
Nebraska 8,647 Ohio 14,086
Oklahoma 942 Pennsylvania 2,978
South Dakota 9,324 Virginia 1
Wisconsin 820
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