USDA National Daily Direct Hog Prior Day Report 09/22 08:00
09/22/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 09/22 08:00
LM_HG218
Des Moines, IA Mon, Sep 22, 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 7,264 2,205 3,027
Other Market Formula 50,109 50,067 48,435
Swine/Pork Market Formula 176,924 158,270 170,566
Other Purchase Arrangement 108,485 81,636 123,854
Negotiated Formula 1,425 169 5,647
Pack. Sold (all purchase types) 37,475 35,524 42,822
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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 5,646 47,060 167,758 104,537 760 325,761
Base Price 103.22 87.80 102.79 95.32 98.24
Packer Sold
Head Count 37,475
Base Price 103.39
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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 6,156
Lowest Base Price 101.00
Highest Base Price 106.00
Weighted Average Price 103.09 103.48 103.48 102.80
Negotiated Formula (carcass basis)
Head Count 760
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 6,916
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 50,430 12,323 16,698 33,732
Lowest Base Price 75.25 75.25 78.32
Highest Base Price 106.76 106.76 98.98
Weighted Average Price 88.50 93.02 86.25
Swine/Pork Market Formula (carcass basis)
Head Count 192,035 109,576 127,908 59,078
Lowest Base Price 94.04 94.04 94.04 94.12
Highest Base Price 110.68 110.68 110.68 109.78
Weighted Average Price 102.91 102.85 102.82 102.81
Other Purchase Arrangement (carcass basis)
Head Count 114,185 79,364 83,899 28,828
Lowest Base Price 75.04 77.13 77.13 75.04
Highest Base Price 117.86 117.86 117.86 107.53
Weighted Average Price 96.09 96.69 97.00 93.00
Negotiated (live basis)
Head Count 1,543
Lowest Base Price 70.25
Highest Base Price 83.15
Weighted Average Price 80.13
Negotiated Formula (live basis)
Head Count 665
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,208
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 Hog215.27 lb carcass .61 inch back-fat
7.91 square inch loin 2.63 inch loin depth FFLI: 53.87
Price Range $105.00 - $111.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,727 Colorado 158
Iowa 138,836 Illinois 23,502
Indiana 35,772 Kansas 2,434
Kentucky 3,051 Michigan 8,297
Minnesota 66,069 Missouri 3,129
Montana 223 North Carolina 6,801
Nebraska 16,133 New York 145
Ohio 56,970 Oklahoma 1,426
Pennsylvania 3,312 South Dakota 8,362
Wisconsin 665
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