USDA National Daily Direct Afternoon Hog Report 09/15 15:05
09/15/2025 | 3:05 pm CDT USDA National Daily Direct Afternoon Hog Report 09/15 15:05
LSDLM_HG217
Des Moines, IA Mon, Sep 15, 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 5,058 5,058 4,565 6,548
Other Market Formula 23,605 23,605 56,051 38,342
Swine/Pork Market Formula 147,722 147,722 219,973 168,950
Other Purchase Arrangement 78,475 78,475 128,507 90,740
Negotiated Formula 486 486 1,102 2,467
Pack. Sold (all purchase types) 29,643 29,643 63,624 47,623
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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 4,062
Lowest Base Price 99.00
Highest Base Price 108.00
Weighted Average Price 105.87 106.65 106.55 102.28
Change from Previous Day 1.93 1.76 1.66 -.15
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,222
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,304 11,851 18,160 6,144
Lowest Base Price 76.25 77.45 88.42
Highest Base Price 107.10 107.10 97.62
Weighted Average Price 93.80 94.15 96.23
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 162,314 93,160 111,003 47,509
Lowest Base Price 95.06 95.06 95.06 96.19
Highest Base Price 109.90 109.90 109.90 109.51
Weighted Average Price 104.53 104.44 104.36 104.77
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 81,773 45,055 48,410 32,713
Lowest Base Price 74.84 76.96 76.96 74.84
Highest Base Price 113.42 113.42 113.42 107.07
Weighted Average Price 98.51 101.27 101.27 94.25
Change from Previous Day
Negotiated (live basis)
Head Count 582
Lowest Base Price 75.50
Highest Base Price 82.00
Weighted Average Price 80.61
Change from Previous Day 1.38
Negotiated Formula (live basis)
Head Count 326
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 908
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# -32.00 -13.00 175# -4.00 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# -.50 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: 53.48
Price Range $105.50 - $111.49
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,186 Iowa 86,175
Illinois 19,495 Indiana 23,439
Kansas 2,032 Kentucky 2,266
Michigan 8,719 Minnesota 67,923
Missouri 3,678 Montana 455
North Carolina 6,848 Nebraska 17,118
Ohio 24,319 Oklahoma 1,571
Pennsylvania 4,971 South Dakota 7,816
Tennessee 3,795 Texas 27
Wisconsin 1,156
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