USDA National Daily Direct Afternoon Hog Report 09/24 14:55
09/24/2025 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 09/24 14:55
LSDLM_HG217
Des Moines, IA Wed, Sep 24, 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 7,415 7,415 8,801 7,676
Other Market Formula 35,065 35,065 27,657 34,095
Swine/Pork Market Formula 126,704 126,704 133,344 137,989
Other Purchase Arrangement 61,040 61,040 62,391 62,726
Negotiated Formula 653 653 205 3,874
Pack. Sold (all purchase types) 28,180 28,180 30,284 34,048
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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 6,633
Lowest Base Price 98.00
Highest Base Price 108.00
Weighted Average Price 104.67 104.86 104.77
Change from Previous Day -2.32 -2.29 -2.40
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 6,633
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 35,359 13,992 19,028 16,331
Lowest Base Price 73.45 73.45 78.32
Highest Base Price 104.00 102.27 104.00
Weighted Average Price 93.12 90.54 94.66
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 143,121 75,604 92,964 45,988
Lowest Base Price 94.65 94.91 94.91 94.65
Highest Base Price 112.74 111.67 111.92 112.74
Weighted Average Price 103.73 103.81 103.70 103.60
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 62,781 35,869 39,519 21,462
Lowest Base Price 72.02 72.02 72.02 84.94
Highest Base Price 111.79 111.79 111.79 105.36
Weighted Average Price 99.68 100.49 100.66 97.38
Change from Previous Day
Negotiated (live basis)
Head Count 757
Lowest Base Price 75.00
Highest Base Price 84.15
Weighted Average Price 80.59 82.85
Change from Previous Day .44
Negotiated Formula (live basis)
Head Count 653
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,410
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# -10.55 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog8 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.00
Price Range $102.00 - $109.32
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,147 Iowa 78,010
Illinois 18,548 Indiana 13,116
Kansas 2,051 Kentucky 1,382
Michigan 8,241 Minnesota 54,356
Missouri 3,095 North Carolina 6,553
North Dakota 345 Nebraska 17,331
Ohio 37,030 Oklahoma 1,584
Pennsylvania 4,803 South Dakota 6,174
Tennessee 330 Wisconsin 951
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