USDA National Daily Direct Hog Prior Day Report 07/24 08:05
07/24/2025 | 8:05 am CDT USDA National Daily Direct Hog Prior Day Report 07/24 08:05
LM_HG218
Des Moines, IA Thu, Jul 24, 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 8,715 7,063 5,534
Other Market Formula 20,440 27,541 34,785
Swine/Pork Market Formula 116,688 115,143 129,039
Other Purchase Arrangement 55,655 55,222 56,007
Negotiated Formula 340 648
Pack. Sold (all purchase types) 32,865 32,067 34,964
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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 7,706 18,357 111,344 53,098 190,505
Base Price 114.37 100.64 108.51 104.95 106.99
Packer Sold
Head Count 32,579
Base Price 108.14
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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 7,706
Lowest Base Price 103.00
Highest Base Price 118.50
Weighted Average Price 114.37 115.06 114.46
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 7,706
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 22,357 15,110 19,991 2,366
Lowest Base Price 85.00 87.92
Highest Base Price 110.22 109.25
Weighted Average Price 102.07 100.51
Swine/Pork Market Formula (carcass basis)
Head Count 136,219 78,624 92,250 40,524
Lowest Base Price 99.25 99.25 99.25 100.43
Highest Base Price 119.76 119.76 119.76 117.97
Weighted Average Price 108.44 108.66 108.69 107.80
Other Purchase Arrangement (carcass basis)
Head Count 56,802 33,611 36,286 19,704
Lowest Base Price 78.80 78.80 78.80 85.37
Highest Base Price 117.46 117.46 117.46 109.64
Weighted Average Price 105.13 106.36 106.45 102.49
Negotiated (live basis)
Head Count 899
Lowest Base Price 75.25
Highest Base Price 90.20
Weighted Average Price 83.85 82.17 82.17
Negotiated Formula (live basis)
Head Count 340
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,239
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# -32.00 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -25.00 .00 195# -.50 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog212.67 lb carcass .71 inch back-fat
7.54 square inch loin 2.51 inch loin depth FFLI: 52.22
Price Range $108.74 - $118.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,035 Colorado 160
Iowa 91,178 Illinois 20,508
Indiana 15,422 Kansas 686
Kentucky 1,063 Michigan 5,700
Minnesota 44,095 Missouri 2,661
North Carolina 6,590 Nebraska 13,211
Ohio 15,444 Oklahoma 1,516
Pennsylvania 4,111 South Dakota 7,833
Wisconsin 490
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