USDA National Daily Direct Afternoon Hog Report 08/27 14:55
08/27/2025 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 08/27 14:55
LSDLM_HG217
Des Moines, IA Wed, Aug 27, 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 9,334 9,334 5,258 3,310
Other Market Formula 46,059 46,059 17,821 32,531
Swine/Pork Market Formula 123,276 123,276 125,435 143,596
Other Purchase Arrangement 58,525 58,525 212,725 58,963
Negotiated Formula 1,056 1,056 1,969 320
Pack. Sold (all purchase types) 34,553 34,553 33,858 31,838
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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 8,845
Lowest Base Price 97.00
Highest Base Price 111.00
Weighted Average Price 108.80 108.94 108.75
Change from Previous Day .40 .61 .16
Negotiated Formula (carcass basis)
Head Count 561
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 9,406
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 46,284 22,283 27,286 18,998
Lowest Base Price 77.25 78.92 77.25 78.32
Highest Base Price 106.17 105.58 106.17 100.00
Weighted Average Price 89.63 87.34 88.36 91.45
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 145,332 80,166 96,616 45,160
Lowest Base Price 89.92 94.96 94.96 89.92
Highest Base Price 113.09 113.09 113.09 111.90
Weighted Average Price 104.89 104.77 104.76 104.92
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,881 34,060 37,745 22,834
Lowest Base Price 77.04 77.04 77.04 83.78
Highest Base Price 112.56 112.56 112.56 107.18
Weighted Average Price 100.02 101.05 100.78 98.43
Change from Previous Day
Negotiated (live basis)
Head Count 1,449
Lowest Base Price 74.25
Highest Base Price 85.25
Weighted Average Price 80.75
Change from Previous Day -1.69
Negotiated Formula (live basis)
Head Count 495
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,944
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# -26.00 -3.37 195# .00 3.00 225# -1.33 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.84
Price Range $104.50 - $114.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,403 Iowa 86,018
Illinois 23,527 Indiana 18,809
Kansas 2,168 Kentucky 1,366
Michigan 7,776 Minnesota 60,026
Missouri 2,269 North Carolina 6,812
North Dakota 170 Nebraska 15,169
New York 160 Ohio 30,307
Oklahoma 1,610 Pennsylvania 3,945
South Carolina 150 South Dakota 8,619
Wisconsin 499
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