USDA National Daily Direct Hog Prior Day Report 08/25 07:50
08/25/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 08/25 07:50
LM_HG218
Des Moines, IA Mon, Aug 25, 2025
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 1,761 2,218 2,665
Other Market Formula 16,192 20,854 38,063
Swine/Pork Market Formula 126,054 128,560 160,706
Other Purchase Arrangement 64,712 73,347 110,553
Negotiated Formula 165 162 872
Pack. Sold (all purchase types) 27,776 37,602 47,356
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 1,008 13,890 121,194 61,848 165 198,105
Base Price 105.99 87.44 104.95 99.32 101.98
Packer Sold
Head Count 27,776
Base Price 103.62
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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 1,008
Lowest Base Price 99.00
Highest Base Price 111.00
Weighted Average Price 105.99 107.03
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,173
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 17,490 10,946 15,436 2,054
Lowest Base Price 75.75 78.32
Highest Base Price 109.40 90.73
Weighted Average Price 88.29 83.96
Swine/Pork Market Formula (carcass basis)
Head Count 139,329 78,008 93,708 41,792
Lowest Base Price 86.42 94.58 94.58 86.42
Highest Base Price 114.10 113.12 113.12 114.10
Weighted Average Price 105.10 105.01 104.88 105.28
Other Purchase Arrangement (carcass basis)
Head Count 67,889 40,269 44,470 22,277
Lowest Base Price 72.00 72.00 72.00 74.66
Highest Base Price 120.57 120.57 120.57 109.91
Weighted Average Price 99.68 100.85 101.08 96.56
Negotiated (live basis)
Head Count 753
Lowest Base Price 72.25
Highest Base Price 85.20
Weighted Average Price 79.69
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 753
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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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 Hog212.31 lb carcass .63 inch back-fat
7.72 square inch loin 2.57 inch loin depth FFLI: 53.51
Price Range $106.50 - $113.87
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,514 Colorado 160
Iowa 83,402 Illinois 17,902
Indiana 18,128 Kansas 2,346
Kentucky 1,438 Michigan 6,736
Minnesota 47,671 Missouri 2,752
Montana 215 North Carolina 6,610
Nebraska 13,964 Ohio 17,617
Oklahoma 1,200 Pennsylvania 3,506
South Dakota 7,859 Wisconsin 640
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