USDA National Daily Direct Morning Hog Report 08/25 10:55
08/25/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 08/25 10:55
LSDLM_HG216
Des Moines, IA Mon, Aug 25, 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 2,928 1,688 1,052 597
Other Market Formula 16,805 16,137 18,770 29,417
Swine/Pork Market Formula 108,245 93,754 82,501 119,798
Other Purchase Arrangement 62,744 59,503 64,168 108,838
Negotiated Formula 825 825 3 159
Pack. Sold (all purchase types) 25,422 25,422 32,095 40,439
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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 927
Lowest Base Price 100.00
Highest Base Price 111.00
Weighted Average Price 106.67
Change from Previous Day -1.22
Negotiated Formula (carcass basis)
Head Count 825
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,752
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 17,906 9,062 13,382 4,524
Lowest Base Price 75.75 83.50
Highest Base Price 109.40 98.53
Weighted Average Price 89.68 90.42
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 106,081 62,541 73,965 28,825
Lowest Base Price 94.76 94.76 94.76 99.34
Highest Base Price 113.41 113.12 113.12 113.41
Weighted Average Price 105.13 104.81 104.68 105.83
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,626 39,942 42,273 19,028
Lowest Base Price 72.00 72.00 72.00 74.66
Highest Base Price 112.87 112.87 112.87 106.37
Weighted Average Price 98.92 100.39 100.34 95.70
Change from Previous Day
Negotiated (live basis)
Head Count 761
Lowest Base Price 72.25
Highest Base Price 84.00
Weighted Average Price 79.12
Change from Previous Day -1.44
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 761
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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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
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CARCASS WEIGHT DIFFERENTIALS
145# -25.00 -13.00 175# -3.25 .00 205# .00 .00
155# -11.82 -10.00 185# -1.50 .00 215# .00 .00
165# -5.00 -3.37 195# .00 .00 225# -1.33 .00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog1 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.51
Price Range $107.50 - $112.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 2,576 Colorado 160
Iowa 69,389 Illinois 13,667
Indiana 7,814 Kansas 2,006
Kentucky 1,608 Michigan 5,425
Minnesota 44,313 Missouri 2,642
Montana 443 North Carolina 6,610
Nebraska 12,203 New York 1
Ohio 19,531 Oklahoma 1,200
Pennsylvania 3,629 South Dakota 3,456
Wisconsin 500
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