USDA National Daily Direct Morning Hog Report 09/22 11:00
09/22/2025 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 09/22 11:00
LSDLM_HG216
Des Moines, IA Mon, Sep 22, 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 3,777 2,527 728 937
Other Market Formula 17,748 16,798 21,466 39,984
Swine/Pork Market Formula 139,853 127,547 108,998 119,390
Other Purchase Arrangement 105,513 102,899 66,883 116,850
Negotiated Formula 840 840 326 4,599
Pack. Sold (all purchase types) 33,917 33,917 23,256 46,306
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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 1,319
Lowest Base Price 98.00
Highest Base Price 106.00
Weighted Average Price 104.52
Change from Previous Day -.42
Negotiated Formula (carcass basis)
Head Count 360
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,679
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 16,879 11,241 15,096 1,783
Lowest Base Price 75.25 75.25 86.32
Highest Base Price 106.76 106.76 97.98
Weighted Average Price 93.93 93.65 91.50
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 140,235 81,562 93,558 41,579
Lowest Base Price 94.04 94.04 94.04 94.12
Highest Base Price 110.68 110.68 110.68 109.78
Weighted Average Price 102.98 102.82 102.77 103.02
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 107,330 76,238 78,563 28,607
Lowest Base Price 75.04 77.13 77.13 75.04
Highest Base Price 111.73 111.73 111.73 105.87
Weighted Average Price 95.67 96.58 96.73 92.71
Change from Previous Day
Negotiated (live basis)
Head Count 1,208
Lowest Base Price 70.25
Highest Base Price 81.60
Weighted Average Price 78.86
Change from Previous Day -.83
Negotiated Formula (live basis)
Head Count 480
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,688
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 -14.62 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# .00 .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 Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.87
Price Range $105.50 - $110.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,897 Colorado 158
Iowa 115,881 Illinois 20,341
Indiana 18,999 Kansas 2,254
Kentucky 3,561 Michigan 5,165
Minnesota 55,686 Missouri 3,081
Montana 448 North Carolina 6,801
Nebraska 11,708 New York 160
Ohio 24,639 Oklahoma 1,425
Pennsylvania 4,966 South Dakota 3,693
Wisconsin 665
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