USDA National Daily Direct Hog Prior Day Report 09/26 07:55
09/26/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 09/26 07:55
LM_HG218
Des Moines, IA Fri, Sep 26, 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 3,911 6,390 4,667
Other Market Formula 32,490 29,803 38,483
Swine/Pork Market Formula 131,261 137,229 129,071
Other Purchase Arrangement 54,506 55,511 46,236
Negotiated Formula 143 376 1,833
Pack. Sold (all purchase types) 29,489 25,350 33,087
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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 2,601 30,246 125,422 50,768 209,037
Base Price 104.50 93.84 102.77 99.76 100.77
Packer Sold
Head Count 29,358
Base Price 102.08
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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 2,601
Lowest Base Price 100.00
Highest Base Price 106.50
Weighted Average Price 104.50 105.60 105.60
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,601
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 33,296 15,498 21,313 11,983
Lowest Base Price 73.45 73.45 78.32
Highest Base Price 107.05 107.05 103.45
Weighted Average Price 94.43 93.93 97.09
Swine/Pork Market Formula (carcass basis)
Head Count 147,244 87,633 101,404 41,215
Lowest Base Price 93.23 93.77 93.77 93.23
Highest Base Price 109.89 109.89 109.89 109.35
Weighted Average Price 102.74 102.59 102.59 102.83
Other Purchase Arrangement (carcass basis)
Head Count 55,254 31,386 35,506 18,273
Lowest Base Price 77.13 77.13 77.13 84.09
Highest Base Price 111.50 111.10 111.50 105.01
Weighted Average Price 99.84 100.71 101.07 97.08
Negotiated (live basis)
Head Count 944
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 143
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,087
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 Hog214.71 lb carcass .61 inch back-fat
7.91 square inch loin 2.63 inch loin depth FFLI: 53.88
Price Range $106.00 - $110.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,379 Iowa 87,475
Illinois 24,135 Indiana 16,164
Kansas 1,603 Kentucky 2,585
Michigan 7,005 Minnesota 50,536
Missouri 2,714 Montana 423
North Carolina 6,792 North Dakota 338
Nebraska 16,021 New York 160
Ohio 15,258 Oklahoma 1,392
Pennsylvania 4,685 South Dakota 6,540
Tennessee 1,980 Wisconsin 615
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