USDA National Daily Direct Morning Hog Report 06/20 11:00
06/20/2025 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 06/20 11:00
LSDLM_HG216
Des Moines, IA Fri, Jun 20, 2025
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 2,671 1,421 1,757 2,047
Other Market Formula 13,953 13,113 27,485 24,223
Swine/Pork Market Formula 97,800 82,897 87,094 96,346
Other Purchase Arrangement 42,846 39,605 37,227 43,788
Negotiated Formula 490 490 495 884
Pack. Sold (all purchase types) 19,524 19,524 14,503 30,093
--------------------------------------------------------------------------------
Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
---------------------------------------------
Negotiated (carcass basis)
Head Count 1,097
Lowest Base Price 104.00
Highest Base Price 114.00
Weighted Average Price 109.74 110.82 110.82
Change from Previous Day -2.22 -2.55 -3.06
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,262
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 13,645 9,446 12,345 1,300
Lowest Base Price 84.30 84.30 89.60
Highest Base Price 113.92 113.92 113.43
Weighted Average Price 104.95 104.14 94.34
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 95,105 52,710 61,832 30,399
Lowest Base Price 100.84 100.84 100.84 101.13
Highest Base Price 119.26 119.26 119.26 116.62
Weighted Average Price 109.22 110.16 109.95 107.83
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 38,506 22,090 23,583 14,127
Lowest Base Price 80.43 80.63 80.63 80.43
Highest Base Price 117.89 117.89 117.89 114.99
Weighted Average Price 106.91 108.90 108.91 103.29
Change from Previous Day
Negotiated (live basis)
Head Count 236
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 325
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 561
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -8.00 4.00
165# -25.00 .00 195# -.50 3.00 225# -30.00 2.00
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.54
Price Range $110.46 - $115.50
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,296 Iowa 56,270
Illinois 16,927 Indiana 5,306
Kansas 1,182 Kentucky 1,301
Michigan 6,522 Minnesota 29,206
Missouri 2,266 Montana 221
North Carolina 6,548 North Dakota 175
Nebraska 9,940 Ohio 12,723
Oklahoma 949 Pennsylvania 1,978
South Dakota 2,070 Wisconsin 170
--------------------------------------------------------------------------------
[0600059D]