USDA National Daily Direct Hog Prior Day Report 08/27 08:00
08/27/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 08/27 08:00
LM_HG218
Des Moines, IA Wed, Aug 27, 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 10,125 13,362 5,464
Other Market Formula 30,335 17,425 22,130
Swine/Pork Market Formula 130,008 122,792 138,103
Other Purchase Arrangement 54,885 58,232 52,885
Negotiated Formula 105 315
Pack. Sold (all purchase types) 32,863 33,301 38,497
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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 7,904 27,672 125,974 52,127 213,677
Base Price 108.48 91.34 104.63 100.28 101.99
Packer Sold
Head Count 32,853
Base Price 103.31
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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 8,864
Lowest Base Price 97.00
Highest Base Price 110.00
Weighted Average Price 108.65 108.11 108.78
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 8,864
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 30,552 12,771 18,126 12,426
Lowest Base Price 77.25 78.32
Highest Base Price 108.55 99.83
Weighted Average Price 91.63 92.55
Swine/Pork Market Formula (carcass basis)
Head Count 150,150 86,897 102,078 44,243
Lowest Base Price 87.89 95.90 95.90 87.89
Highest Base Price 113.09 113.09 113.09 111.90
Weighted Average Price 104.65 104.38 104.41 104.95
Other Purchase Arrangement (carcass basis)
Head Count 57,284 34,021 37,531 18,778
Lowest Base Price 77.04 77.04 77.04 83.78
Highest Base Price 112.56 112.56 112.56 107.59
Weighted Average Price 100.29 100.76 100.52 99.54
Negotiated (live basis)
Head Count 2,024
Lowest Base Price 74.25
Highest Base Price 85.25
Weighted Average Price 80.24
Negotiated Formula (live basis)
Head Count 105
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,129
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 -13.00 175# -10.70 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 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 Hog213.32 lb carcass .61 inch back-fat
7.81 square inch loin 2.60 inch loin depth FFLI: 53.84
Price Range $104.50 - $114.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 60 Canada 4,164
Iowa 93,844 Illinois 23,046
Indiana 15,868 Kansas 2,136
Kentucky 1,551 Michigan 6,829
Minnesota 47,681 Missouri 2,269
North Carolina 6,839 North Dakota 170
Nebraska 15,607 New York 160
Ohio 22,210 Oklahoma 1,610
Pennsylvania 4,096 South Carolina 150
South Dakota 9,197 Tennessee 495
Wisconsin 659
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