USDA National Daily Direct Hog Prior Day Report 09/12 08:10
09/12/2025 | 8:10 am CDT USDA National Daily Direct Hog Prior Day Report 09/12 08:10
LM_HG218
Des Moines, IA Fri, Sep 12, 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 3,340 7,396 2,462
Other Market Formula 28,573 19,937 22,998
Swine/Pork Market Formula 130,794 128,146 143,710
Other Purchase Arrangement 50,279 509,318 46,134
Negotiated Formula 200 161 1,330
Pack. Sold (all purchase types) 28,021 32,754 30,720
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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 2,438 28,573 129,632 47,069 200 207,912
Base Price 106.26 93.27 104.39 101.63 102.26
Packer Sold
Head Count 28,019
Base Price 103.01
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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 2,438
Lowest Base Price 100.00
Highest Base Price 108.00
Weighted Average Price 106.26 107.55 107.49
Negotiated Formula (carcass basis)
Head Count 200
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,638
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 30,893 21,640 24,842 6,051
Lowest Base Price 79.50 79.50 79.50 82.96
Highest Base Price 106.99 106.99 106.99 100.32
Weighted Average Price 93.64 92.49 92.90 96.70
Swine/Pork Market Formula (carcass basis)
Head Count 152,566 86,508 102,801 46,693
Lowest Base Price 93.20 93.20 93.20 95.06
Highest Base Price 112.86 112.86 112.86 110.79
Weighted Average Price 104.37 104.30 104.28 104.45
Other Purchase Arrangement (carcass basis)
Head Count 50,163 26,456 29,821 18,741
Lowest Base Price 72.04 72.04 72.04 86.34
Highest Base Price 113.17 113.17 113.17 107.31
Weighted Average Price 101.37 102.83 102.80 98.61
Negotiated (live basis)
Head Count 740
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 740
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# -26.25 -13.00 175# -10.50 -1.35 205# .00 4.00
155# -26.00 -10.00 185# -1.50 .00 215# .00 4.00
165# -26.00 -3.37 195# .00 3.00 225# -1.33 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog215.66 lb carcass .64 inch back-fat
7.91 square inch loin 2.63 inch loin depth FFLI: 53.43
Price Range $106.85 - $109.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,528 Georgia 8
Iowa 84,970 Illinois 16,191
Indiana 15,840 Kansas 1,372
Kentucky 340 Michigan 5,668
Minnesota 52,888 Missouri 1,792
Montana 390 North Carolina 6,810
North Dakota 170 Nebraska 15,461
New York 160 Ohio 18,202
Oklahoma 1,201 Pennsylvania 4,366
South Dakota 7,051 Tennessee 4,290
Texas 13 Wisconsin 825
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