USDA National Daily Direct Hog Prior Day Report 09/04 07:50
09/04/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 09/04 07:50
LM_HG218
Des Moines, IA Thu, Sep 04, 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 5,140 7,780 13,713
Other Market Formula 24,808 69,074 45,413
Swine/Pork Market Formula 129,309 131,873 138,810
Other Purchase Arrangement 58,516 62,643 65,066
Negotiated Formula 410 1,051 100
Pack. Sold (all purchase types) 32,487 32,878 33,771
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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 2,901 21,427 125,378 55,622 240 205,568
Base Price 104.21 88.78 104.19 100.99 101.72
Packer Sold
Head Count 32,487
Base Price 102.51
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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 2,901
Lowest Base Price 90.00
Highest Base Price 107.00
Weighted Average Price 104.21 105.63 105.66 99.52
Negotiated Formula (carcass basis)
Head Count 240
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,141
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,107 11,898 17,147 7,960
Lowest Base Price 73.30 78.32
Highest Base Price 104.47 98.75
Weighted Average Price 89.57 89.05
Swine/Pork Market Formula (carcass basis)
Head Count 149,765 88,722 106,132 39,660
Lowest Base Price 95.86 95.86 95.86 97.66
Highest Base Price 111.90 111.90 111.90 108.92
Weighted Average Price 104.22 104.05 103.97 104.66
Other Purchase Arrangement (carcass basis)
Head Count 60,363 38,227 40,947 17,651
Lowest Base Price 76.91 76.91 76.91 83.99
Highest Base Price 113.57 113.57 113.57 107.27
Weighted Average Price 100.87 100.90 100.72 100.58
Negotiated (live basis)
Head Count 2,077
Lowest Base Price 69.75
Highest Base Price 83.50
Weighted Average Price 80.21
Negotiated Formula (live basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,247
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# -10.70 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 Hog213.54 lb carcass .61 inch back-fat
8.30 square inch loin 2.76 inch loin depth FFLI: 54.12
Price Range $90.00 - $110.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,453 Iowa 92,896
Illinois 18,532 Indiana 16,845
Kansas 2,414 Kentucky 1,411
Michigan 6,970 Minnesota 49,630
Missouri 1,792 North Carolina 6,515
Nebraska 16,442 Ohio 18,856
Oklahoma 1,891 Pennsylvania 3,576
South Carolina 165 South Dakota 7,774
Wisconsin 829
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