USDA National Daily Direct Morning Hog Report 07/22 11:00
07/22/2025 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 07/22 11:00
LSDLM_HG216
Des Moines, IA Tue, Jul 22, 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 4,120 3,045 5,243 1,935
Other Market Formula 19,119 18,279 24,541 22,172
Swine/Pork Market Formula 94,582 78,016 78,320 84,804
Other Purchase Arrangement 57,577 54,122 222,989 51,345
Negotiated Formula 340 340 485 509
Pack. Sold (all purchase types) 25,019 25,019 24,904 30,746
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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 4,205
Lowest Base Price 104.00
Highest Base Price 116.75
Weighted Average Price 113.99 114.04 113.99
Change from Previous Day 4.11
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 4,205
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,886 11,341 17,161 2,725
Lowest Base Price 80.68 87.92
Highest Base Price 109.10 108.85
Weighted Average Price 102.06 102.20
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 90,672 50,614 61,953 26,071
Lowest Base Price 98.33 99.67 99.67 98.33
Highest Base Price 115.89 115.89 115.89 114.43
Weighted Average Price 108.49 108.85 108.57 108.30
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 55,001 35,334 37,604 16,252
Lowest Base Price 79.84 79.84 79.84 85.37
Highest Base Price 116.62 116.62 116.62 111.75
Weighted Average Price 105.37 107.07 107.17 100.92
Change from Previous Day
Negotiated (live basis)
Head Count 470
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 340
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 810
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 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -5.00 195# .00 3.00 225# .00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog9 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.41
Price Range $108.00 - $116.75
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,965 Iowa 68,463
Illinois 14,849 Indiana 5,251
Kansas 1,579 Kentucky 340
Maryland 159 Michigan 5,715
Minnesota 33,487 Missouri 2,904
Montana 227 North Carolina 6,667
North Dakota 170 Nebraska 12,633
Ohio 11,763 Oklahoma 1,038
Pennsylvania 5,136 South Dakota 4,273
Wisconsin 37 Wyoming 165
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