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USDA National Daily Direct Afternoon Hog Report 09/17 14:55

USDA National Daily Direct Afternoon Hog Report 09/17 14:55

LSDLM_HG217
Des Moines, IA                             Wed, Sep 17, 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                                  8,801     8,801     8,727     2,527
 Other Market Formula                       27,657    27,657    25,124    36,186
 Swine/Pork Market Formula                 133,344   133,344   140,090   140,969
 Other Purchase Arrangement                 62,391    62,391    59,223    57,354
 Negotiated Formula                            205       205               3,349
Pack. Sold (all purchase types)             30,284    30,284    35,616    28,365
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                          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                          7,862                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 110.50                                    
   Weighted Average Price             106.71      106.96      106.96      104.49
   Change from Previous Day              .42         .76         .60            
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                          7,902                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         26,384      13,687      19,682       6,702
   Lowest Base Price                   73.72       73.72       73.72       90.15
   Highest Base Price                 102.94       99.12       99.12      102.94
   Weighted Average Price              91.42       89.85       90.14       95.19
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        152,099      85,528     102,982      45,452
   Lowest Base Price                   94.32       95.07       95.07       94.32
   Highest Base Price                 112.04      111.10      111.10      112.04
   Weighted Average Price             103.85      103.65      103.61      104.15
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         65,172      37,267      40,763      22,955
   Lowest Base Price                   76.96       76.96       76.96       86.34
   Highest Base Price                 112.39      112.39      112.39      106.06
   Weighted Average Price              99.27       99.90       99.98       97.66
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            631                                    
   Lowest Base Price                   74.25                                    
   Highest Base Price                  83.35                                    
   Weighted Average Price              81.21                                    
   Change from Previous Day             3.08                                    
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                            796                                    
   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#  -10.60   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 Hog7 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.71       
 
Price Range $104.04 - $112.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,484          Iowa                 86,393
Illinois             17,960          Indiana              18,239
Kansas                1,843          Kentucky                731
Michigan              8,578          Minnesota            57,843
Missouri              2,122          North Carolina        6,556
North Dakota            170          Nebraska             18,848
New York                170          Ohio                 23,854
Oklahoma              1,254          Pennsylvania          5,979
South Carolina          150          South Dakota          6,377
Texas                     9          Wisconsin             1,122

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