USDA National Daily Direct Afternoon Hog Report 08/26 14:45
08/26/2025 | 2:45 pm CDT USDA National Daily Direct Afternoon Hog Report 08/26 14:45
LSDLM_HG217
Des Moines, IA Tue, Aug 26, 2025
DAILY DIRECT AFTERNOON 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 8,600 8,600 10,351 6,607
Other Market Formula 28,520 28,520 20,458 22,332
Swine/Pork Market Formula 126,321 126,321 120,675 134,204
Other Purchase Arrangement 60,085 60,085 59,202 64,091
Negotiated Formula 105 105 85
Pack. Sold (all purchase types) 31,942 31,942 33,540 35,421
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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 5,904
Lowest Base Price 97.00
Highest Base Price 110.00
Weighted Average Price 108.40 108.33 108.59
Change from Previous Day 2.73 3.07 3.32
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,904
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 29,210 11,788 17,674 11,536
Lowest Base Price 77.25 85.83
Highest Base Price 108.55 99.83
Weighted Average Price 91.27 93.93
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 146,957 86,115 100,157 43,545
Lowest Base Price 87.89 94.83 94.83 87.89
Highest Base Price 113.12 113.12 113.12 112.02
Weighted Average Price 104.70 104.30 104.37 105.22
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 62,297 37,241 39,426 21,896
Lowest Base Price 72.00 72.00 72.00 86.78
Highest Base Price 112.52 112.52 112.52 107.52
Weighted Average Price 100.21 100.61 100.27 99.85
Change from Previous Day
Negotiated (live basis)
Head Count 2,510
Lowest Base Price 75.75
Highest Base Price 85.50
Weighted Average Price 82.44 82.59 82.41
Change from Previous Day 3.32
Negotiated Formula (live basis)
Head Count 105
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,615
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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# -10.70 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.55
Price Range $104.50 - $114.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,174 Iowa 96,196
Illinois 22,981 Indiana 14,876
Kansas 2,046 Kentucky 1,072
Maryland 141 Michigan 8,265
Minnesota 46,317 Missouri 2,418
North Carolina 6,939 North Dakota 175
Nebraska 13,022 Ohio 23,136
Oklahoma 855 Pennsylvania 4,973
South Dakota 7,332 Tennessee 495
Wisconsin 160
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[0600059D]