USDA National Daily Direct Hog Prior Day Report 07/23 07:55
07/23/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 07/23 07:55
LM_HG218
Des Moines, IA Wed, Jul 23, 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 13,487 12,308 8,254
Other Market Formula 19,016 22,179 27,787
Swine/Pork Market Formula 114,107 111,935 120,908
Other Purchase Arrangement 56,069 229,307 57,180
Negotiated Formula 340 1,000 169
Pack. Sold (all purchase types) 33,829 31,098 36,073
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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 12,148 19,016 112,351 53,801 197,316
Base Price 114.50 100.67 108.35 104.65 106.98
Packer Sold
Head Count 33,777
Base Price 107.99
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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 13,798
Lowest Base Price 104.50
Highest Base Price 118.50
Weighted Average Price 114.50 114.28 114.25
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 13,798
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 23,016 14,303 19,978 3,038
Lowest Base Price 80.68 87.92
Highest Base Price 111.40 111.40
Weighted Average Price 101.99 103.70
Swine/Pork Market Formula (carcass basis)
Head Count 135,870 81,727 94,860 37,396
Lowest Base Price 99.67 99.67 99.67 100.82
Highest Base Price 118.95 118.95 118.95 116.95
Weighted Average Price 108.22 108.27 108.26 108.07
Other Purchase Arrangement (carcass basis)
Head Count 58,578 37,403 40,508 16,771
Lowest Base Price 78.80 78.80 78.80 85.37
Highest Base Price 117.29 117.29 117.29 110.89
Weighted Average Price 104.89 105.72 105.92 101.85
Negotiated (live basis)
Head Count 1,040
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 340
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,380
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# -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 -5.00 195# .00 3.00 225# .00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog212.43 lb carcass .71 inch back-fat
7.57 square inch loin 2.52 inch loin depth FFLI: 52.24
Price Range $108.50 - $118.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 142 Canada 4,141
Iowa 98,987 Illinois 14,313
Indiana 13,250 Kansas 1,702
Kentucky 340 Michigan 6,471
Minnesota 48,854 Missouri 2,280
Montana 227 North Carolina 6,623
Nebraska 13,166 New York 160
Ohio 13,185 Oklahoma 1,540
Pennsylvania 3,825 South Carolina 150
South Dakota 6,946 Wisconsin 715
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