USDA National Daily Direct Afternoon Hog Report 09/03 14:55
09/03/2025 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 09/03 14:55
LSDLM_HG217
Des Moines, IA Wed, Sep 03, 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 7,829 7,829 9,496 14,212
Other Market Formula 38,880 38,880 46,059 86,966
Swine/Pork Market Formula 141,605 141,605 123,293 160,032
Other Purchase Arrangement 63,517 63,517 58,525 60,603
Negotiated Formula 361 361 1,056
Pack. Sold (all purchase types) 33,802 33,802 34,553 39,501
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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 5,482
Lowest Base Price 90.00
Highest Base Price 108.00
Weighted Average Price 105.67 106.52 106.50 101.12
Change from Previous Day -.70 .06 .06
Negotiated Formula (carcass basis)
Head Count 40
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,522
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 38,380 15,570 18,939 19,441
Lowest Base Price 73.30 78.32
Highest Base Price 102.74 99.25
Weighted Average Price 91.94 93.99
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 163,872 99,533 117,348 42,479
Lowest Base Price 95.86 95.86 95.86 96.53
Highest Base Price 112.46 112.46 112.46 111.67
Weighted Average Price 103.98 103.71 103.65 104.66
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 65,420 38,629 41,019 22,636
Lowest Base Price 76.91 76.91 76.91 86.50
Highest Base Price 113.57 113.57 113.57 106.89
Weighted Average Price 100.42 100.77 100.55 99.66
Change from Previous Day
Negotiated (live basis)
Head Count 1,925
Lowest Base Price 77.75
Highest Base Price 83.70
Weighted Average Price 81.72
Change from Previous Day -1.10
Negotiated Formula (live basis)
Head Count 321
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,246
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 -14.62 175# -10.70 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 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 Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.12
Price Range $90.00 - $112.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,509 Iowa 106,706
Illinois 31,920 Indiana 16,329
Kansas 2,917 Kentucky 1,596
Michigan 8,622 Minnesota 53,478
Missouri 1,457 North Carolina 6,556
North Dakota 175 Nebraska 14,946
Ohio 23,135 Oklahoma 1,647
Pennsylvania 4,734 South Dakota 6,570
Wisconsin 697
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