USDA National Daily Direct Afternoon Hog Report 09/04 14:55
09/04/2025 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 09/04 14:55
LSDLM_HG217
Des Moines, IA Thu, Sep 04, 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 6,677 6,677 5,879 4,736
Other Market Formula 14,389 14,389 53,816 30,826
Swine/Pork Market Formula 127,331 127,331 139,911 134,820
Other Purchase Arrangement 512,187 512,187 62,827 62,332
Negotiated Formula 365 365 610
Pack. Sold (all purchase types) 34,653 34,653 33,528 30,837
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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 6,282
Lowest Base Price 100.00
Highest Base Price 109.00
Weighted Average Price 104.43 104.63 104.33 104.97
Change from Previous Day -1.24 -1.89 -2.17 3.85
Negotiated Formula (carcass basis)
Head Count 200
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 6,482
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 15,283 7,006 12,439 2,844
Lowest Base Price 76.15 76.15 88.75
Highest Base Price 105.59 101.05 105.59
Weighted Average Price 90.91 90.82 91.30
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 149,489 83,595 100,801 44,888
Lowest Base Price 96.03 96.03 96.03 97.66
Highest Base Price 111.86 111.86 111.86 111.42
Weighted Average Price 104.41 104.12 104.13 104.85
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 513,047 486,543 489,898 21,385
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated (live basis)
Head Count 1,434
Lowest Base Price 69.75
Highest Base Price 83.00
Weighted Average Price 78.00
Change from Previous Day -3.72
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,599
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# -4.00 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 Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.12
Price Range $107.00 - $111.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,159 Iowa 535,281
Illinois 19,617 Indiana 16,353
Kansas 1,703 Kentucky 1,221
Michigan 6,111 Minnesota 47,446
Missouri 2,378 Montana 644
North Carolina 6,515 Nebraska 15,995
Ohio 22,345 Oklahoma 1,907
Pennsylvania 3,798 South Carolina 165
South Dakota 9,148 Wisconsin 799
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