USDA National Daily Direct Morning Hog Report 07/10 11:00
07/10/2025 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 07/10 11:00
LSDLM_HG216
Des Moines, IA Thu, Jul 10, 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 3,862 2,612 2,571 1,743
Other Market Formula 19,901 19,153 21,512 23,169
Swine/Pork Market Formula 97,493 81,286 82,509 85,783
Other Purchase Arrangement 54,656 51,745 47,311 51,316
Negotiated Formula 1,254 1,254 320 165
Pack. Sold (all purchase types) 21,743 21,743 19,104 22,277
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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 4,892
Lowest Base Price 100.00
Highest Base Price 114.00
Weighted Average Price 112.75 113.23 113.23
Change from Previous Day .94 1.37 1.37
Negotiated Formula (carcass basis)
Head Count 510
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,402
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 17,467 7,197 9,512 7,955
Lowest Base Price 86.65 86.65
Highest Base Price 108.85 108.23
Weighted Average Price 99.63 100.09
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 93,452 51,224 60,833 28,661
Lowest Base Price 94.09 94.09 94.09 95.25
Highest Base Price 116.49 116.49 116.49 114.66
Weighted Average Price 105.49 105.89 105.72 104.60
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 49,939 31,111 33,099 16,024
Lowest Base Price 79.60 79.60 79.60 85.37
Highest Base Price 113.21 113.21 113.21 104.78
Weighted Average Price 101.13 102.73 102.80 97.39
Change from Previous Day
Negotiated (live basis)
Head Count 995
Lowest Base Price 75.00
Highest Base Price 87.95
Weighted Average Price 84.83
Change from Previous Day
Negotiated Formula (live basis)
Head Count 744
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,739
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# -25.00 -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# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog8 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.07
Price Range $107.00 - $118.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,832 Colorado 159
Iowa 59,487 Illinois 12,882
Indiana 7,530 Kansas 1,113
Kentucky 680 Michigan 5,505
Minnesota 36,217 Missouri 3,434
Montana 431 North Carolina 6,653
Nebraska 8,209 Ohio 17,272
Oklahoma 1,576 Pennsylvania 4,517
South Dakota 3,210 Tennessee 4,112
Wisconsin 974
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