USDA National Daily Direct Hog Prior Day Report 09/29 07:50
09/29/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 09/29 07:50
LM_HG218
Des Moines, IA Mon, Sep 29, 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
--------------------------
Producer Sold
Negotiated 5,689 7,264 3,968
Other Market Formula 41,936 50,109 37,672
Swine/Pork Market Formula 151,939 176,924 164,364
Other Purchase Arrangement 80,084 108,485 132,981
Negotiated Formula 1,425 3,390
Pack. Sold (all purchase types) 39,620 37,475 46,634
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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 3,559 39,364 145,917 76,930 265,770
Base Price 100.50 98.45 102.98 99.02 101.13
Packer Sold
Head Count 39,494
Base Price 103.34
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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 3,559
Lowest Base Price 95.00
Highest Base Price 105.50
Weighted Average Price 100.50 100.80 100.80
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,559
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 43,134 17,033 22,103 21,031
Lowest Base Price 77.25 78.05
Highest Base Price 106.11 106.11
Weighted Average Price 98.75 95.75
Swine/Pork Market Formula (carcass basis)
Head Count 173,478 100,301 120,985 48,169
Lowest Base Price 93.23 93.23 93.23 94.99
Highest Base Price 109.89 109.89 109.89 109.26
Weighted Average Price 103.02 102.89 102.84 103.26
Other Purchase Arrangement (carcass basis)
Head Count 85,425 58,352 63,152 20,321
Lowest Base Price 75.04 76.50 76.50 75.04
Highest Base Price 117.00 117.00 117.00 106.79
Weighted Average Price 99.54 101.11 101.34 93.45
Negotiated (live basis)
Head Count 1,803
Lowest Base Price 69.25
Highest Base Price 82.30
Weighted Average Price 78.21 81.05
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,803
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# -30.00 -14.62 175# -10.55 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 1.50 215# -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 Hog214.66 lb carcass .61 inch back-fat
7.91 square inch loin 2.63 inch loin depth FFLI: 53.88
Price Range $102.50 - $107.61
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,056 Colorado 160
Iowa 111,394 Illinois 32,945
Indiana 23,565 Kansas 1,893
Kentucky 5,207 Michigan 7,430
Minnesota 67,796 Missouri 4,385
Montana 234 North Carolina 7,195
Nebraska 17,478 Ohio 16,176
Oklahoma 1,426 Pennsylvania 1,377
South Dakota 9,997 Tennessee 4,550
Wisconsin 336
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