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USDA National Daily Direct Morning Hog Report 09/30 10:50

USDA National Daily Direct Morning Hog Report 09/30 10:50

LSDLM_HG216
Des Moines, IA                             Tue, Sep 30, 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                                 10,118     9,458     6,585     3,970
 Other Market Formula                       21,063    20,723    16,618    23,082
 Swine/Pork Market Formula                  93,340    80,823    86,558    83,934
 Other Purchase Arrangement                 54,500    51,256    48,948    48,265
 Negotiated Formula                            350       350       165       505
Pack. Sold (all purchase types)             25,566    25,566    23,267    34,342
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                          8,505                                    
   Lowest Base Price                   98.00                                    
   Highest Base Price                 104.00                                    
   Weighted Average Price             102.33      102.57      102.60            
   Change from Previous Day              .47                                    
Negotiated Formula (carcass basis)
   Head Count                             20                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          8,525                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         21,196      10,197      14,747       6,449
   Lowest Base Price                   75.75                               79.64
   Highest Base Price                 102.90                              102.75
   Weighted Average Price              97.52                              100.09
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         93,441      51,555      63,034      27,296
   Lowest Base Price                   94.29       95.36       95.36       94.29
   Highest Base Price                 108.89      108.89      108.89      108.29
   Weighted Average Price             102.74      102.41      102.34      103.33
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         53,442      34,460      36,253      16,206
   Lowest Base Price                   72.00       72.00       72.00       82.87
   Highest Base Price                 110.85      110.85      110.85      104.93
   Weighted Average Price             100.05      100.59      100.73       98.18
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            661                                    
   Lowest Base Price                   77.00                                    
   Highest Base Price                  80.95                                    
   Weighted Average Price              78.46                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            330                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            991                                    
   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#  -30.00 -13.00         175#  -10.25   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   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 Hog0 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.89       
 
Price Range $102.50 - $107.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,177          Iowa                 66,407
Illinois             16,487          Indiana               5,179
Kansas                1,288          Kentucky              2,742
Maryland                152          Michigan              4,319
Minnesota            37,576          Missouri              3,296
North Carolina        6,747          Nebraska             13,582
Ohio                 14,693          Oklahoma              1,206
Pennsylvania          4,156          South Dakota          2,746
Tennessee             2,970          Wisconsin               453

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