USDA National Daily Direct Morning Hog Report 06/27 10:50
06/27/2025 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 06/27 10:50
LSDLM_HG216
Des Moines, IA Fri, Jun 27, 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 2,394 1,204 1,421 2,201
Other Market Formula 27,123 26,283 13,113 21,664
Swine/Pork Market Formula 98,150 85,743 82,897 84,078
Other Purchase Arrangement 42,696 39,613 39,605 41,033
Negotiated Formula 325 325 490 710
Pack. Sold (all purchase types) 22,968 22,968 19,524 25,944
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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 498
Lowest Base Price 106.00
Highest Base Price 110.00
Weighted Average Price 107.85
Change from Previous Day -.24
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 498
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 26,503 16,180 22,320 4,183
Lowest Base Price 81.73
Highest Base Price 114.07
Weighted Average Price 104.67
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 101,518 59,028 66,974 31,202
Lowest Base Price 101.70 103.22 103.22 101.70
Highest Base Price 116.20 116.20 116.20 114.89
Weighted Average Price 109.85 109.74 109.75 109.87
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 37,992 21,014 23,149 14,037
Lowest Base Price 80.50 80.50 80.50 83.90
Highest Base Price 118.82 118.82 118.82 113.89
Weighted Average Price 106.42 108.65 108.89 102.06
Change from Previous Day
Negotiated (live basis)
Head Count 706
Lowest Base Price 73.75
Highest Base Price 84.70
Weighted Average Price 79.13
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 1,031
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# -30.00 -25.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 1.50 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.18
Price Range $110.61 - $114.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,246 Iowa 64,967
Illinois 15,918 Indiana 7,989
Kansas 1,330 Kentucky 2,247
Michigan 6,241 Minnesota 32,572
Missouri 3,256 Montana 218
North Carolina 6,503 North Dakota 235
Nebraska 11,945 Ohio 10,449
Oklahoma 947 Pennsylvania 3,286
South Dakota 1,472 Tennessee 2,145
Wisconsin 170
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