USDA National Daily Direct Hog Prior Day Report 07/21 07:55
07/21/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 07/21 07:55
LM_HG218
Des Moines, IA Mon, Jul 21, 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 2,432 1,770 2,493
Other Market Formula 22,798 41,043 29,349
Swine/Pork Market Formula 114,672 118,740 127,040
Other Purchase Arrangement 65,022 71,906 91,883
Negotiated Formula 120 1,185
Pack. Sold (all purchase types) 29,909 33,363 26,438
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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 1,465 21,012 110,377 62,221 195,075
Base Price 105.77 106.38 101.73 103.77
Packer Sold
Head Count 29,891
Base Price 107.40
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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 1,465
Lowest Base Price 98.00
Highest Base Price 112.00
Weighted Average Price 105.77
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,465
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 24,372 14,411 21,376 2,996
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 131,425 74,443 88,097 40,002
Lowest Base Price 97.71 97.71 97.71 98.78
Highest Base Price 116.45 115.89 115.89 116.45
Weighted Average Price 106.49 106.25 106.31 106.76
Other Purchase Arrangement (carcass basis)
Head Count 67,704 43,483 47,003 19,720
Lowest Base Price 76.18 78.80 78.80 76.18
Highest Base Price 115.66 115.66 115.66 112.70
Weighted Average Price 102.29 103.92 104.22 97.39
Negotiated (live basis)
Head Count 942
Lowest Base Price 73.00
Highest Base Price 87.00
Weighted Average Price 82.67 83.43
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 942
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# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 1.50 215# -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 Hog210.67 lb carcass .68 inch back-fat
7.66 square inch loin 2.55 inch loin depth FFLI: 52.75
Price Range $105.00 - $116.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,810 Iowa 87,168
Illinois 14,014 Indiana 18,595
Kansas 865 Kentucky 1,568
Michigan 6,394 Minnesota 46,521
Missouri 2,926 North Carolina 6,840
North Dakota 162 Nebraska 13,906
Ohio 17,475 Oklahoma 1,260
Pennsylvania 3,756 South Dakota 8,781
Wisconsin 792
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