USDA National Daily Direct Morning Hog Report 07/24 10:55
07/24/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 07/24 10:55
LSDLM_HG216
Des Moines, IA Thu, Jul 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 2,473 1,223 1,572 490
Other Market Formula 24,277 23,041 17,861 24,701
Swine/Pork Market Formula 96,065 80,474 82,827 88,220
Other Purchase Arrangement 54,954 51,229 53,291 46,115
Negotiated Formula 493 493 635 165
Pack. Sold (all purchase types) 33,408 33,408 22,929 24,643
--------------------------------------------------------------------------------
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 3,912
Lowest Base Price 103.00
Highest Base Price 115.00
Weighted Average Price 113.81 113.06
Change from Previous Day -.96 -1.25
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 3,912
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,617 13,485 18,693 5,924
Lowest Base Price 81.03 81.03
Highest Base Price 110.22 109.00
Weighted Average Price 98.64 86.32
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 99,433 58,289 67,796 28,210
Lowest Base Price 99.25 99.25 99.25 99.65
Highest Base Price 119.76 119.76 119.76 117.97
Weighted Average Price 108.91 109.19 109.16 108.29
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 51,139 31,743 33,398 17,085
Lowest Base Price 78.80 78.80 78.80 85.37
Highest Base Price 117.46 117.46 117.46 109.64
Weighted Average Price 105.80 107.47 107.49 102.39
Change from Previous Day
Negotiated (live basis)
Head Count 611
Lowest Base Price 75.25
Highest Base Price 90.20
Weighted Average Price 82.26 84.77
Change from Previous Day
Negotiated Formula (live basis)
Head Count 493
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,104
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# -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
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.22
Price Range $110.00 - $115.00
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,861 Colorado 160
Iowa 72,685 Illinois 19,657
Indiana 10,538 Kansas 686
Kentucky 1,053 Michigan 6,023
Minnesota 33,426 Missouri 2,385
Montana 424 North Carolina 6,590
Nebraska 11,903 Ohio 10,703
Oklahoma 1,516 Pennsylvania 4,486
South Dakota 3,447 Wisconsin 325
--------------------------------------------------------------------------------
[0600059D]