USDA National Daily Direct Morning Hog Report 09/12 11:00
09/12/2025 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 09/12 11:00
LSDLM_HG216
Des Moines, IA Fri, Sep 12, 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 4,236 2,826 1,845 1,668
Other Market Formula 49,305 49,261 66,015 21,413
Swine/Pork Market Formula 99,812 87,700 85,132 97,508
Other Purchase Arrangement 49,178 45,917 53,671 40,762
Negotiated Formula 369 369 515
Pack. Sold (all purchase types) 21,422 21,422 20,841 30,847
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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 1,920
Lowest Base Price 101.00
Highest Base Price 108.00
Weighted Average Price 103.96 104.89 104.89
Change from Previous Day -3.68 -2.75
Negotiated Formula (carcass basis)
Head Count 200
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,120
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 49,322 23,447 27,787 21,535
Lowest Base Price 73.30 73.30 73.30 87.95
Highest Base Price 106.99 106.99 106.99 100.32
Weighted Average Price 93.45 91.60 91.54 95.92
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 100,701 56,381 66,638 30,777
Lowest Base Price 93.20 93.20 93.20 95.06
Highest Base Price 112.86 112.86 112.86 110.79
Weighted Average Price 104.89 105.05 104.97 104.54
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 44,609 22,486 23,981 19,976
Lowest Base Price 72.04 72.04 72.04 86.34
Highest Base Price 112.84 112.84 112.84 109.15
Weighted Average Price 101.16 103.58 103.44 98.30
Change from Previous Day
Negotiated (live basis)
Head Count 906
Lowest Base Price 70.75
Highest Base Price 84.40
Weighted Average Price 77.32 77.69
Change from Previous Day
Negotiated Formula (live basis)
Head Count 169
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,075
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# -4.00 .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 Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.43
Price Range $107.00 - $110.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,425 Iowa 60,734
Illinois 17,083 Indiana 15,939
Kansas 1,537 Kentucky 995
Michigan 5,832 Minnesota 43,756
Missouri 1,631 North Carolina 6,810
North Dakota 170 Nebraska 13,168
New York 160 Ohio 23,242
Oklahoma 1,201 Pennsylvania 4,677
South Dakota 2,335 Tennessee 3,300
Wisconsin 500
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[0600059D]