USDA National Daily Direct Afternoon Hog Report 09/19 15:00
09/19/2025 | 3:00 pm CDT USDA National Daily Direct Afternoon Hog Report 09/19 15:00
LSDLM_HG217
Des Moines, IA Fri, Sep 19, 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 8,215 8,215 3,483 3,066
Other Market Formula 51,690 51,690 57,450 36,851
Swine/Pork Market Formula 150,323 150,323 135,500 145,956
Other Purchase Arrangement 56,250 56,250 59,662 50,008
Negotiated Formula 973 973 369 2,070
Pack. Sold (all purchase types) 22,695 22,695 34,517 28,920
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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 7,279
Lowest Base Price 96.00
Highest Base Price 108.00
Weighted Average Price 103.61 104.36 104.52 102.71
Change from Previous Day -1.99 -1.77 -1.64
Negotiated Formula (carcass basis)
Head Count 430
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 7,709
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 50,786 13,578 17,219 33,567
Lowest Base Price 76.90 76.90 78.32
Highest Base Price 106.92 106.92 98.98
Weighted Average Price 88.52 93.35 86.21
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 162,977 79,730 95,507 62,825
Lowest Base Price 94.04 95.30 95.30 94.04
Highest Base Price 110.68 110.68 110.68 110.68
Weighted Average Price 103.29 103.65 103.45 102.84
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 56,576 26,098 30,923 24,195
Lowest Base Price 79.20 79.20 79.20 86.36
Highest Base Price 117.86 117.86 117.86 107.53
Weighted Average Price 99.41 101.51 101.70 96.14
Change from Previous Day
Negotiated (live basis)
Head Count 1,088
Lowest Base Price 71.00
Highest Base Price 83.15
Weighted Average Price 81.28
Change from Previous Day 2.69
Negotiated Formula (live basis)
Head Count 543
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,631
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: 53.76
Price Range $103.50 - $111.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,339 Iowa 80,094
Illinois 19,733 Indiana 30,071
Kansas 2,028 Kentucky 1,416
Michigan 11,170 Minnesota 43,683
Missouri 2,823 Montana 224
North Carolina 6,541 North Dakota 170
Nebraska 15,381 New York 160
Ohio 55,513 Oklahoma 1,386
Pennsylvania 6,532 South Dakota 6,217
Wisconsin 618
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