USDA National Daily Direct Hog Prior Day Report 09/18 07:50
09/18/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 09/18 07:50
LM_HG218
Des Moines, IA Thu, Sep 18, 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 8,321 8,566 2,297
Other Market Formula 28,072 27,302 34,917
Swine/Pork Market Formula 135,732 132,163 126,735
Other Purchase Arrangement 55,692 54,726 55,133
Negotiated Formula 210 90 2,451
Pack. Sold (all purchase types) 27,769 32,992 31,673
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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 7,007 24,240 131,401 52,697 40 215,385
Base Price 107.02 90.76 103.74 98.61 101.13
Packer Sold
Head Count 27,769
Base Price 102.58
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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 7,007
Lowest Base Price 102.00
Highest Base Price 110.50
Weighted Average Price 107.02 106.98 106.98
Negotiated Formula (carcass basis)
Head Count 40
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 7,047
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 26,565 14,745 20,218 6,347
Lowest Base Price 73.72 73.72 73.72 81.40
Highest Base Price 102.94 95.83 98.32 102.94
Weighted Average Price 91.34 90.59 90.31 94.63
Swine/Pork Market Formula (carcass basis)
Head Count 152,845 86,951 104,894 43,700
Lowest Base Price 94.32 94.32 94.32 96.76
Highest Base Price 112.04 111.46 111.46 112.04
Weighted Average Price 103.72 103.55 103.53 103.91
Other Purchase Arrangement (carcass basis)
Head Count 56,697 34,895 37,567 18,476
Lowest Base Price 72.03 72.03 72.03 86.57
Highest Base Price 111.73 111.73 111.73 106.17
Weighted Average Price 98.70 98.99 99.02 97.89
Negotiated (live basis)
Head Count 881
Lowest Base Price 69.75
Highest Base Price 83.95
Weighted Average Price 77.35 78.76
Negotiated Formula (live basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,051
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# -10.20 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 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 Hog215.40 lb carcass .62 inch back-fat
8.06 square inch loin 2.68 inch loin depth FFLI: 53.81
Price Range $104.04 - $112.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,963 Colorado 159
Iowa 87,420 Illinois 18,397
Indiana 19,357 Kansas 1,736
Kentucky 1,398 Michigan 6,150
Minnesota 56,331 Missouri 3,451
North Carolina 6,425 Nebraska 16,793
Ohio 19,570 Oklahoma 1,427
Pennsylvania 4,544 South Carolina 165
South Dakota 7,256 Texas 9
Wisconsin 1,245
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