USDA National Daily Direct Afternoon Hog Report 09/18 14:45
09/18/2025 | 2:45 pm CDT USDA National Daily Direct Afternoon Hog Report 09/18 14:45
LSDLM_HG217
Des Moines, IA Thu, Sep 18, 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 5,367 5,367 4,271 3,672
Other Market Formula 28,559 28,559 18,793 44,904
Swine/Pork Market Formula 132,737 132,737 131,117 129,907
Other Purchase Arrangement 61,177 61,177 60,400 58,348
Negotiated Formula 165 165 90 2,413
Pack. Sold (all purchase types) 28,310 28,310 26,949 35,718
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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 4,122
Lowest Base Price 95.00
Highest Base Price 108.00
Weighted Average Price 105.60 106.13 106.16
Change from Previous Day -1.11 -.83 -.80
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,122
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 28,273 12,532 16,818 11,455
Lowest Base Price 73.72 73.72 86.32
Highest Base Price 102.30 99.04 102.30
Weighted Average Price 94.08 91.18 99.19
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 150,347 91,416 108,579 37,601
Lowest Base Price 93.22 93.22 93.22 95.44
Highest Base Price 111.46 111.46 111.46 111.46
Weighted Average Price 103.45 103.06 103.16 103.97
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,613 34,831 38,353 21,322
Lowest Base Price 72.03 72.03 72.03 86.30
Highest Base Price 112.36 111.73 112.36 105.64
Weighted Average Price 99.08 100.05 100.28 96.31
Change from Previous Day
Negotiated (live basis)
Head Count 1,064
Lowest Base Price 69.75
Highest Base Price 83.95
Weighted Average Price 78.59
Change from Previous Day -2.62
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 1,229
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# -26.00 -13.00 175# -10.40 .00 205# .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
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog0 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.81
Price Range $102.50 - $111.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,163 Colorado 159
Iowa 90,965 Illinois 26,026
Indiana 12,180 Kansas 1,448
Kentucky 1,398 Michigan 5,732
Minnesota 51,529 Missouri 3,260
Montana 421 North Carolina 6,425
Nebraska 14,226 Ohio 18,899
Oklahoma 1,427 Pennsylvania 6,947
South Carolina 165 South Dakota 9,030
Wisconsin 915
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