USDA National Daily Direct Hog Prior Day Report 08/04 08:05
08/04/2025 | 8:05 am CDT USDA National Daily Direct Hog Prior Day Report 08/04 08:05
LM_HG218
Des Moines, IA Mon, Aug 04, 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 1,345 2,419 1,144
Other Market Formula 106,574 20,126 31,062
Swine/Pork Market Formula 106,144 120,702 129,595
Other Purchase Arrangement 55,966 63,318 89,704
Negotiated Formula 50 206
Pack. Sold (all purchase types) 29,362 34,326 33,034
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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 365 104,422 100,865 53,092 50 258,794
Base Price 107.58 87.61 107.16 101.72 98.15
Packer Sold
Head Count 29,181
Base Price 108.18
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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 365
Lowest Base Price 98.00
Highest Base Price 110.00
Weighted Average Price 107.58 108.50 108.50
Negotiated Formula (carcass basis)
Head Count 50
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 415
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 108,502 15,252 21,802 86,700
Lowest Base Price 80.50
Highest Base Price 112.93
Weighted Average Price 88.36
Swine/Pork Market Formula (carcass basis)
Head Count 120,484 61,793 76,316 41,223
Lowest Base Price 95.76 95.76 95.76 96.90
Highest Base Price 115.00 114.99 114.99 115.00
Weighted Average Price 107.23 106.87 106.93 107.50
Other Purchase Arrangement (carcass basis)
Head Count 58,574 30,780 34,794 22,796
Lowest Base Price 75.46 77.90 77.90 75.46
Highest Base Price 122.51 122.51 122.51 112.62
Weighted Average Price 102.55 105.16 105.45 97.84
Negotiated (live basis)
Head Count 841
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 841
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 -9.00 185# .00 1.50 215# .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 Hog213.40 lb carcass .66 inch back-fat
7.48 square inch loin 2.49 inch loin depth FFLI: 52.91
Price Range $105.00 - $114.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,343 Iowa 83,997
Illinois 103,255 Indiana 21,174
Kansas 1,206 Kentucky 1,611
Michigan 6,341 Minnesota 25,245
Missouri 2,470 North Carolina 6,263
Nebraska 14,586 Ohio 15,973
Oklahoma 1,202 Pennsylvania 2,992
South Dakota 9,486 Texas 100
Wisconsin 197
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