USDA National Daily Direct Afternoon Hog Report 09/16 15:00
09/16/2025 | 3:00 pm CDT USDA National Daily Direct Afternoon Hog Report 09/16 15:00
LSDLM_HG217
Des Moines, IA Tue, Sep 16, 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 14,674 14,674 15,089 8,426
Other Market Formula 19,417 19,417 42,727 26,584
Swine/Pork Market Formula 144,540 144,540 130,076 127,466
Other Purchase Arrangement 60,909 60,909 66,122 62,427
Negotiated Formula 649 649 495 1,840
Pack. Sold (all purchase types) 32,844 32,844 28,319 38,550
--------------------------------------------------------------------------------
Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
---------------------------------------------
Negotiated (carcass basis)
Head Count 17,905
Lowest Base Price 98.00
Highest Base Price 108.00
Weighted Average Price 106.29 106.20 106.36
Change from Previous Day .42 -.45 -.19
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 18,225
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,729 11,910 16,453 2,276
Lowest Base Price 73.45 73.45 89.03
Highest Base Price 102.68 100.85 102.68
Weighted Average Price 91.76 90.66 95.99
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 160,095 91,921 108,872 46,788
Lowest Base Price 95.63 95.82 95.82 95.63
Highest Base Price 111.05 111.05 111.05 109.97
Weighted Average Price 104.14 103.72 103.80 104.70
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 63,115 37,796 40,454 21,367
Lowest Base Price 72.03 72.03 72.03 86.69
Highest Base Price 112.70 112.70 112.70 107.07
Weighted Average Price 100.78 101.79 101.70 98.69
Change from Previous Day
Negotiated (live basis)
Head Count 891
Lowest Base Price 73.00
Highest Base Price 83.35
Weighted Average Price 78.13
Change from Previous Day -2.48
Negotiated Formula (live basis)
Head Count 329
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,220
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -26.25 -13.00 175# -10.50 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .00 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.81
Price Range $105.50 - $111.50
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,423 Iowa 105,625
Illinois 19,387 Indiana 14,980
Kansas 1,745 Kentucky 1,476
Maryland 160 Michigan 8,164
Minnesota 53,385 Missouri 3,172
Montana 227 North Carolina 7,061
North Dakota 350 Nebraska 14,622
Ohio 21,161 Oklahoma 1,027
Pennsylvania 5,594 South Dakota 8,204
Wisconsin 1,270
--------------------------------------------------------------------------------
[0600059D]