USDA National Daily Direct Hog Prior Day Report 09/24 08:00
09/24/2025 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 09/24 08:00
LM_HG218
Des Moines, IA Wed, Sep 24, 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
--------------------------
Producer Sold
Negotiated 10,868 14,383 10,800
Other Market Formula 21,550 20,458 30,582
Swine/Pork Market Formula 132,359 137,013 126,737
Other Purchase Arrangement 55,809 62,395 55,553
Negotiated Formula 483 641 2,860
Pack. Sold (all purchase types) 30,787 32,351 35,973
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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 9,075 18,534 127,078 52,395 207,082
Base Price 106.48 91.36 103.58 99.69 101.63
Packer Sold
Head Count 30,672
Base Price 102.80
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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 9,075
Lowest Base Price 96.00
Highest Base Price 110.50
Weighted Average Price 106.48 106.63 106.65
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 9,075
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 22,224 12,172 16,852 5,372
Lowest Base Price 74.45 74.45 78.32
Highest Base Price 102.27 102.27 102.00
Weighted Average Price 92.95 91.14 93.74
Swine/Pork Market Formula (carcass basis)
Head Count 149,093 85,474 103,140 41,290
Lowest Base Price 94.65 94.65 94.65 94.65
Highest Base Price 111.92 111.67 111.92 109.49
Weighted Average Price 103.53 103.22 103.28 103.94
Other Purchase Arrangement (carcass basis)
Head Count 57,362 35,191 39,001 17,073
Lowest Base Price 72.02 72.02 72.02 84.93
Highest Base Price 111.79 111.79 111.79 105.36
Weighted Average Price 99.91 100.33 100.54 97.95
Negotiated (live basis)
Head Count 1,741
Lowest Base Price 75.00
Highest Base Price 84.15
Weighted Average Price 80.02
Negotiated Formula (live basis)
Head Count 483
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,224
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# -10.80 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog215.28 lb carcass .60 inch back-fat
7.88 square inch loin 2.62 inch loin depth FFLI: 54.00
Price Range $103.50 - $110.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 70 Canada 5,415
Iowa 88,556 Illinois 20,007
Indiana 12,068 Kansas 2,205
Kentucky 1,423 Michigan 6,948
Minnesota 54,739 Missouri 3,090
Montana 228 North Carolina 6,558
North Dakota 345 Nebraska 16,022
Ohio 19,843 Oklahoma 1,587
Pennsylvania 3,807 South Dakota 7,985
Wisconsin 960
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