USDA National Daily Direct Morning Hog Report 06/24 10:55
06/24/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 06/24 10:55
LSDLM_HG216
Des Moines, IA Tue, Jun 24, 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 4,263 3,763 2,193 2,249
Other Market Formula 28,581 27,633 111,020 18,103
Swine/Pork Market Formula 88,372 74,627 75,011 107,210
Other Purchase Arrangement 49,998 46,720 48,324 52,964
Negotiated Formula 320 320 320 991
Pack. Sold (all purchase types) 23,298 23,298 21,351 30,083
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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 2,585
Lowest Base Price 103.00
Highest Base Price 115.00
Weighted Average Price 112.01 112.62 112.01
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,585
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 29,022 9,372 13,932 15,090
Lowest Base Price 81.73 86.50
Highest Base Price 115.20 114.95
Weighted Average Price 97.43 92.83
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 86,913 47,777 57,996 26,258
Lowest Base Price 101.27 101.43 101.43 101.27
Highest Base Price 116.33 115.16 115.16 116.33
Weighted Average Price 110.73 110.94 110.91 110.51
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 47,957 33,326 35,016 12,475
Lowest Base Price 80.17 80.17 80.17 83.90
Highest Base Price 119.54 119.54 119.54 114.43
Weighted Average Price 107.39 110.00 110.08 99.67
Change from Previous Day
Negotiated (live basis)
Head Count 1,178
Lowest Base Price 81.75
Highest Base Price 85.95
Weighted Average Price 83.55
Change from Previous Day 2.66
Negotiated Formula (live basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,498
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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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
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CARCASS WEIGHT DIFFERENTIALS
145# -28.50 -13.00 175# -11.40 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .00 215# .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 Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.39
Price Range $110.00 - $116.28
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 2,829 Iowa 61,490
Illinois 12,380 Indiana 5,190
Kansas 1,210 Kentucky 1,241
Maryland 302 Michigan 4,865
Minnesota 32,295 Missouri 2,438
Montana 219 North Carolina 6,883
Nebraska 11,712 Ohio 24,202
Oklahoma 1,059 Pennsylvania 4,500
South Dakota 3,231 Wisconsin 315
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