USDA National Daily Direct Morning Hog Report 09/19 10:50
09/19/2025 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 09/19 10:50
LSDLM_HG216
Des Moines, IA Fri, Sep 19, 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 4,512 3,262 2,826 1,497
Other Market Formula 50,125 48,959 49,261 32,852
Swine/Pork Market Formula 108,671 94,693 87,700 86,069
Other Purchase Arrangement 48,147 45,236 45,917 36,403
Negotiated Formula 638 638 369 1,120
Pack. Sold (all purchase types) 17,482 17,482 21,422 26,046
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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 2,674
Lowest Base Price 96.00
Highest Base Price 108.00
Weighted Average Price 104.94 105.29 105.49
Change from Previous Day -1.63 -1.59 -1.39
Negotiated Formula (carcass basis)
Head Count 95
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,769
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 48,055 12,902 16,543 31,512
Lowest Base Price 78.50 79.60
Highest Base Price 106.92 106.92
Weighted Average Price 88.74 93.79
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 104,278 49,472 59,754 40,519
Lowest Base Price 94.04 95.30 95.30 94.04
Highest Base Price 110.68 110.68 110.68 110.68
Weighted Average Price 103.54 104.17 103.79 102.87
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 44,089 22,382 24,837 18,119
Lowest Base Price 79.20 79.20 79.20 86.36
Highest Base Price 111.53 111.53 111.53 107.53
Weighted Average Price 100.03 101.68 101.72 97.43
Change from Previous Day
Negotiated (live basis)
Head Count 588
Lowest Base Price 71.00
Highest Base Price 83.15
Weighted Average Price 79.69
Change from Previous Day 3.41
Negotiated Formula (live basis)
Head Count 543
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,131
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 Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.76
Price Range $103.50 - $110.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,374 Iowa 55,078
Illinois 17,541 Indiana 12,416
Kansas 2,028 Kentucky 1,416
Michigan 7,640 Minnesota 32,664
Missouri 2,455 Montana 224
North Carolina 6,541 North Dakota 170
Nebraska 11,976 New York 160
Ohio 45,827 Oklahoma 1,385
Pennsylvania 4,845 South Dakota 2,077
Wisconsin 453
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