USDA National Daily Direct Afternoon Hog Report 09/10 15:00
09/10/2025 | 3:00 pm CDT USDA National Daily Direct Afternoon Hog Report 09/10 15:00
LSDLM_HG217
Des Moines, IA Wed, Sep 10, 2025
DAILY DIRECT AFTERNOON 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 8,727 8,727 7,829 7,177
Other Market Formula 25,124 25,124 38,880 20,305
Swine/Pork Market Formula 140,090 140,090 141,605 130,510
Other Purchase Arrangement 59,223 59,223 63,517 57,410
Negotiated Formula 361 1,709
Pack. Sold (all purchase types) 35,616 35,616 33,802 34,255
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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 8,865
Lowest Base Price 98.00
Highest Base Price 111.00
Weighted Average Price 107.76 108.39 108.36
Change from Previous Day 1.66 4.47 2.12
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 8,865
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,376 12,879 19,211 5,165
Lowest Base Price 76.25 78.73 76.25 82.96
Highest Base Price 102.48 102.18 102.48 102.21
Weighted Average Price 92.43 90.06 91.82 94.69
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 161,932 93,213 111,052 46,784
Lowest Base Price 92.62 95.85 95.85 92.62
Highest Base Price 111.85 109.74 109.74 111.85
Weighted Average Price 104.01 103.60 103.66 104.63
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,222 32,929 35,534 25,036
Lowest Base Price 76.90 76.90 76.90 86.37
Highest Base Price 112.98 112.98 112.98 108.97
Weighted Average Price 100.69 102.13 101.94 98.80
Change from Previous Day
Negotiated (live basis)
Head Count 1,624
Lowest Base Price 72.75
Highest Base Price 83.50
Weighted Average Price 81.30
Change from Previous Day 2.93
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,624
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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# -26.25 -13.00 175# -10.50 .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 Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.40
Price Range $103.00 - $111.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,477 Iowa 94,583
Illinois 20,277 Indiana 17,325
Kansas 3,932 Kentucky 1,288
Michigan 8,113 Minnesota 53,903
Missouri 2,877 North Carolina 6,460
North Dakota 170 Nebraska 16,616
Ohio 22,247 Oklahoma 1,735
Pennsylvania 6,149 South Dakota 6,167
Tennessee 2,475 Wisconsin 986
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