USDA National Daily Direct Hog Prior Day Report 09/11 08:05
09/11/2025 | 8:05 am CDT USDA National Daily Direct Hog Prior Day Report 09/11 08:05
LM_HG218
Des Moines, IA Thu, Sep 11, 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 8,566 5,140 7,204
Other Market Formula 27,302 24,808 24,920
Swine/Pork Market Formula 132,163 129,309 137,146
Other Purchase Arrangement 54,726 58,516 59,147
Negotiated Formula 90 410 1,934
Pack. Sold (all purchase types) 32,992 32,487 31,347
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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 6,561 24,582 127,103 51,790 90 210,126
Base Price 108.52 92.31 104.43 101.11 102.33
Packer Sold
Head Count 32,967
Base Price 102.96
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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 8,541
Lowest Base Price 98.00
Highest Base Price 111.00
Weighted Average Price 107.59 108.27 108.20
Negotiated Formula (carcass basis)
Head Count 90
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 8,631
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 27,222 15,163 20,903 6,319
Lowest Base Price 78.73 78.73 78.73 81.40
Highest Base Price 101.70 101.70 101.70 97.38
Weighted Average Price 92.77 90.69 92.16 94.78
Swine/Pork Market Formula (carcass basis)
Head Count 150,709 86,907 102,986 43,507
Lowest Base Price 92.62 95.85 95.85 92.62
Highest Base Price 112.86 112.86 112.86 111.85
Weighted Average Price 104.42 104.29 104.28 104.55
Other Purchase Arrangement (carcass basis)
Head Count 56,701 35,513 37,863 18,186
Lowest Base Price 76.90 76.90 76.90 86.38
Highest Base Price 113.33 113.33 113.33 107.31
Weighted Average Price 100.92 102.23 102.03 98.44
Negotiated (live basis)
Head Count 1,783
Lowest Base Price 69.50
Highest Base Price 84.75
Weighted Average Price 80.31
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,783
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 Hog215.84 lb carcass .64 inch back-fat
7.85 square inch loin 2.61 inch loin depth FFLI: 53.39
Price Range $103.00 - $111.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,653 Colorado 158
Iowa 91,431 Illinois 18,654
Indiana 17,742 Kansas 3,420
Kentucky 1,217 Michigan 5,848
Minnesota 53,605 Missouri 2,742
North Carolina 6,622 Nebraska 15,251
New York 160 Ohio 17,459
Oklahoma 1,686 Pennsylvania 4,334
South Dakota 7,412 Tennessee 3,960
Wisconsin 655
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