USDA National Daily Direct Afternoon Hog Report 09/25 14:50
09/25/2025 | 2:50 pm CDT USDA National Daily Direct Afternoon Hog Report 09/25 14:50
LSDLM_HG217
Des Moines, IA Thu, Sep 25, 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 7,547 7,547 5,469 3,717
Other Market Formula 26,207 26,207 28,559 40,519
Swine/Pork Market Formula 137,419 137,419 132,705 135,929
Other Purchase Arrangement 70,575 70,575 61,177 60,393
Negotiated Formula 633 633 165 3,173
Pack. Sold (all purchase types) 31,293 31,293 28,310 32,024
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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 3,976
Lowest Base Price 100.00
Highest Base Price 108.00
Weighted Average Price 104.50 104.82 105.01
Change from Previous Day -.17 -.04 .24
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 3,976
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 27,555 12,913 19,027 8,528
Lowest Base Price 73.45 73.45 79.64
Highest Base Price 106.95 106.95 103.45
Weighted Average Price 93.58 92.79 96.63
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 154,773 92,814 108,510 41,499
Lowest Base Price 93.77 94.21 94.21 93.77
Highest Base Price 110.33 110.33 110.33 108.00
Weighted Average Price 102.81 102.57 102.65 102.92
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 70,946 42,606 46,425 23,046
Lowest Base Price 72.02 72.02 72.02 84.09
Highest Base Price 111.73 111.73 111.73 104.37
Weighted Average Price 98.98 99.43 99.80 96.97
Change from Previous Day
Negotiated (live basis)
Head Count 2,969
Lowest Base Price 70.25
Highest Base Price 81.75
Weighted Average Price 79.47
Change from Previous Day -1.12
Negotiated Formula (live basis)
Head Count 633
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 3,602
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# -25.00 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -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 Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.87
Price Range $106.50 - $110.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,003 Colorado 160
Iowa 98,895 Illinois 22,926
Indiana 14,730 Kansas 2,040
Kentucky 1,459 Michigan 8,429
Minnesota 56,485 Missouri 3,278
Montana 425 North Carolina 6,741
North Dakota 180 Nebraska 16,506
New York 160 Ohio 21,448
Oklahoma 1,558 Pennsylvania 5,204
South Carolina 165 South Dakota 6,722
Wisconsin 160
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