USDA National Daily Direct Hog Prior Day Report 09/16 08:00
09/16/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 09/16 08:00
LM_HG218
Des Moines, IA Tue, Sep 16, 2025
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 7,297 4,942 8,821
Other Market Formula 19,609 45,837 30,154
Swine/Pork Market Formula 180,624 133,369 123,713
Other Purchase Arrangement 83,931 59,311 59,146
Negotiated Formula 477 336 1,862
Pack. Sold (all purchase types) 32,172 31,460 32,332
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 5,932 15,919 173,567 80,890 160 276,468
Base Price 105.45 89.37 104.32 100.04 102.23
Packer Sold
Head Count 32,068
Base Price 103.62
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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 6,107
Lowest Base Price 99.00
Highest Base Price 108.00
Weighted Average Price 105.41 105.71 105.78 102.28
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 6,267
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,804 11,530 17,134 1,670
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 197,117 128,548 147,108 46,079
Lowest Base Price 95.63 96.19 96.19 95.63
Highest Base Price 111.05 111.05 111.05 109.97
Weighted Average Price 104.36 104.17 104.14 104.84
Other Purchase Arrangement (carcass basis)
Head Count 86,679 51,716 55,749 30,280
Lowest Base Price 72.03 72.03 72.03 74.84
Highest Base Price 113.77 113.77 113.77 107.07
Weighted Average Price 100.21 102.79 102.70 95.47
Negotiated (live basis)
Head Count 951
Lowest Base Price 73.00
Highest Base Price 83.35
Weighted Average Price 79.68
Negotiated Formula (live basis)
Head Count 317
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,268
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -13.00 175# -10.50 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -3.37 195# -.50 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.27 lb carcass .63 inch back-fat
8.33 square inch loin 2.77 inch loin depth FFLI: 53.81
Price Range $105.50 - $111.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,832 Iowa 118,408
Illinois 26,682 Indiana 24,308
Kansas 1,905 Kentucky 2,162
Maryland 160 Michigan 6,584
Minnesota 80,137 Missouri 4,152
Montana 454 North Carolina 7,054
North Dakota 350 Nebraska 16,772
Ohio 15,931 Oklahoma 1,027
Pennsylvania 4,287 South Dakota 9,076
Tennessee 165 Texas 27
Wisconsin 968
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