USDA National Daily Direct Hog Prior Day Report 09/19 08:05
09/19/2025 | 8:05 am CDT USDA National Daily Direct Hog Prior Day Report 09/19 08:05
LM_HG218
Des Moines, IA Fri, Sep 19, 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 6,390 3,340 3,266
Other Market Formula 29,803 28,573 53,696
Swine/Pork Market Formula 137,229 130,794 129,996
Other Purchase Arrangement 55,511 50,279 45,962
Negotiated Formula 376 200 1,597
Pack. Sold (all purchase types) 25,350 28,021 32,947
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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 4,905 27,302 131,990 52,642 216,839
Base Price 105.73 94.60 103.18 100.35 101.47
Packer Sold
Head Count 25,350
Base Price 102.21
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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 4,905
Lowest Base Price 95.00
Highest Base Price 108.00
Weighted Average Price 105.73 106.33 106.40
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,905
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 29,542 13,788 18,112 11,430
Lowest Base Price 76.89 76.89 86.32
Highest Base Price 106.92 106.92 102.30
Weighted Average Price 94.82 92.99 98.92
Swine/Pork Market Formula (carcass basis)
Head Count 152,136 86,219 102,061 46,561
Lowest Base Price 93.22 93.22 93.22 94.04
Highest Base Price 110.68 110.68 110.68 110.68
Weighted Average Price 103.22 103.15 103.14 103.21
Other Purchase Arrangement (carcass basis)
Head Count 55,606 29,629 34,762 18,906
Lowest Base Price 74.84 79.20 79.20 74.84
Highest Base Price 112.36 111.41 112.36 104.98
Weighted Average Price 100.16 101.58 101.83 96.54
Negotiated (live basis)
Head Count 1,017
Lowest Base Price 71.00
Highest Base Price 85.75
Weighted Average Price 81.70 78.40 77.43
Negotiated Formula (live basis)
Head Count 376
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,393
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# -26.00 -13.00 175# -10.40 .00 205# .00 2.08
155# -15.60 -10.00 185# -1.50 .00 215# .00 2.08
165# -10.40 -3.37 195# .00 .00 225# -1.33 1.04
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog215.44 lb carcass .62 inch back-fat
7.97 square inch loin 2.65 inch loin depth FFLI: 53.76
Price Range $102.50 - $111.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,144 Iowa 88,226
Illinois 32,024 Indiana 18,140
Kansas 2,038 Kentucky 1,416
Michigan 5,505 Minnesota 46,128
Missouri 3,440 Montana 422
North Carolina 6,541 North Dakota 170
Nebraska 14,534 Ohio 15,731
Oklahoma 1,385 Pennsylvania 4,705
South Dakota 8,497 Wisconsin 613
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