USDA National Daily Direct Hog Prior Day Report 08/26 08:00
08/26/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 08/26 08:00
LM_HG218
Des Moines, IA Tue, Aug 26, 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 4,095 2,223 4,895
Other Market Formula 23,984 19,687 25,566
Swine/Pork Market Formula 119,279 120,657 126,184
Other Purchase Arrangement 60,658 54,019 58,187
Negotiated Formula 830 346 319
Pack. Sold (all purchase types) 32,586 36,217 33,780
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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 2,035 21,733 114,350 57,939 830 196,887
Base Price 105.30 89.05 104.94 99.68 101.64
Packer Sold
Head Count 32,584
Base Price 102.87
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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 2,035
Lowest Base Price 97.00
Highest Base Price 111.00
Weighted Average Price 105.30 104.73 104.79
Negotiated Formula (carcass basis)
Head Count 830
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,865
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,253 10,828 16,033 9,220
Lowest Base Price 76.45 78.32
Highest Base Price 108.24 98.53
Weighted Average Price 89.43 88.71
Swine/Pork Market Formula (carcass basis)
Head Count 139,108 82,105 97,868 37,631
Lowest Base Price 94.71 94.83 94.71 94.71
Highest Base Price 113.41 113.12 113.12 113.41
Weighted Average Price 104.97 104.52 104.55 105.71
Other Purchase Arrangement (carcass basis)
Head Count 62,575 41,113 43,648 18,602
Lowest Base Price 72.00 72.00 72.00 87.04
Highest Base Price 112.52 112.52 112.52 108.09
Weighted Average Price 99.65 99.77 99.49 99.97
Negotiated (live basis)
Head Count 2,060
Lowest Base Price 75.75
Highest Base Price 85.50
Weighted Average Price 83.48 83.58
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,060
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# -30.00 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# .00 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog213.02 lb carcass .63 inch back-fat
7.81 square inch loin 2.60 inch loin depth FFLI: 53.55
Price Range $104.50 - $113.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 2,901 Iowa 90,886
Illinois 18,846 Indiana 16,339
Kansas 1,880 Kentucky 1,191
Maryland 141 Michigan 8,154
Minnesota 47,732 Missouri 2,734
Montana 443 North Carolina 6,930
North Dakota 338 Nebraska 14,110
Ohio 15,611 Oklahoma 855
Pennsylvania 5,114 South Dakota 7,413
Wisconsin 144
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