USDA National Daily Direct Hog Prior Day Report 09/02 08:45
09/02/2025 | 8:45 am CDT USDA National Daily Direct Hog Prior Day Report 09/02 08:45
LM_HG218
Des Moines, IA Tue, Sep 02, 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 2,043 4,095 1,941
Other Market Formula 54,009 23,984 63,352
Swine/Pork Market Formula 140,237 119,279 152,611
Other Purchase Arrangement 71,837 60,658 73,482
Negotiated Formula 455 830 485
Pack. Sold (all purchase types) 34,091 32,586 41,002
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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 1,224 51,550 133,970 68,994 455 256,193
Base Price 104.26 89.19 103.89 100.05 99.91
Packer Sold
Head Count 34,072
Base Price 102.70
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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 1,224
Lowest Base Price 104.00
Highest Base Price 106.00
Weighted Average Price 104.26
Negotiated Formula (carcass basis)
Head Count 455
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,679
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 54,430 26,628 37,153 17,277
Lowest Base Price 73.30 73.30 73.30 78.32
Highest Base Price 107.49 107.49 107.49 100.27
Weighted Average Price 89.51 88.43 87.67 93.46
Swine/Pork Market Formula (carcass basis)
Head Count 158,157 96,442 113,608 40,243
Lowest Base Price 94.77 94.77 94.77 94.84
Highest Base Price 111.77 111.77 111.77 111.43
Weighted Average Price 103.92 103.84 103.82 103.88
Other Purchase Arrangement (carcass basis)
Head Count 75,999 47,252 50,586 24,439
Lowest Base Price 72.03 72.03 72.03 74.60
Highest Base Price 118.63 118.63 118.63 108.24
Weighted Average Price 100.14 101.52 101.44 97.35
Negotiated (live basis)
Head Count 582
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 582
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 -5.00 185# .00 1.50 215# -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 Hog212.59 lb carcass .60 inch back-fat
8.18 square inch loin 2.72 inch loin depth FFLI: 54.21
Price Range $108.00 - $111.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,356 Iowa 120,005
Illinois 28,217 Indiana 27,048
Kansas 5,083 Kentucky 1,715
Michigan 6,748 Minnesota 52,667
Missouri 2,761 North Carolina 340
Nebraska 16,770 New York 160
Ohio 21,841 Oklahoma 1,653
Pennsylvania 2,654 South Dakota 9,173
Tennessee 165 Wisconsin 316
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