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USDA National Daily Direct Afternoon Hog Report 09/29 14:50

USDA National Daily Direct Afternoon Hog Report 09/29 14:50

LSDLM_HG217
Des Moines, IA                             Mon, Sep 29, 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                                  6,005     6,005    12,840     4,329
 Other Market Formula                       33,176    33,176    18,985    33,109
 Swine/Pork Market Formula                 148,783   148,783   179,881   168,606
 Other Purchase Arrangement                 84,403    84,403   115,886   130,833
 Negotiated Formula                            157       157       840     2,519
Pack. Sold (all purchase types)             37,270    37,270    41,833    49,050
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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                          4,694                                    
   Lowest Base Price                   95.00                                    
   Highest Base Price                 104.50                                    
   Weighted Average Price             102.44      102.06      102.24            
   Change from Previous Day             -.74       -1.89       -1.69            
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                          4,694                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         35,284      18,523      23,661      11,623
   Lowest Base Price                   73.45       73.45                   78.32
   Highest Base Price                 106.11      106.11                  103.00
   Weighted Average Price              96.66       95.20                   98.25
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        170,600      98,844     117,530      49,239
   Lowest Base Price                   93.23       93.23       93.23       95.36
   Highest Base Price                 109.89      109.89      109.89      109.26
   Weighted Average Price             103.23      102.86      102.94      103.75
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         87,036      56,551      60,176      25,885
   Lowest Base Price                   75.04       76.50       76.50       75.04
   Highest Base Price                 111.37      111.37      111.37      106.82
   Weighted Average Price              98.55       99.56       99.79       95.36
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,167                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            157                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,324                                    
   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#  -32.00 -14.62         175#  -10.40   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.00   1.50         215#   -8.00   4.00
    165#  -25.00    .00         195#    -.50   3.00         225#  -30.00   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.88       
 
Price Range $102.50 - $107.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,163          Colorado                160
Iowa                108,971          Illinois             17,563
Indiana              24,987          Kansas                1,371
Kentucky              4,525          Michigan              9,306
Minnesota            69,275          Missouri              4,390
Montana                 443          North Carolina        7,205
Nebraska             15,624          Ohio                 23,983
Oklahoma              1,426          Pennsylvania          2,315
South Dakota          9,044          Tennessee             4,785
Texas                    88          Wisconsin               170

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