USDA National Daily Direct Morning Hog Report 08/18 11:00
08/18/2025 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 08/18 11:00
LSDLM_HG216
Des Moines, IA Mon, Aug 18, 2025
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 2,285 1,052 2,072 1,471
Other Market Formula 19,610 18,770 22,055 25,471
Swine/Pork Market Formula 99,547 82,501 98,732 127,683
Other Purchase Arrangement 68,268 64,168 59,781 75,687
Negotiated Formula 3 3 240 655
Pack. Sold (all purchase types) 32,095 32,095 23,826 39,266
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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 154
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 154
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,922 12,892 17,472 2,450
Lowest Base Price 73.72 84.77
Highest Base Price 110.93 103.96
Weighted Average Price 88.77 89.14
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 98,856 59,821 71,916 23,879
Lowest Base Price 96.75 96.75 96.75 98.84
Highest Base Price 114.06 114.06 114.06 113.43
Weighted Average Price 106.91 106.64 106.43 107.90
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 68,285 44,617 46,087 22,033
Lowest Base Price 72.00 72.00 72.00 74.76
Highest Base Price 115.03 115.03 115.03 108.83
Weighted Average Price 99.68 102.02 101.95 94.96
Change from Previous Day
Negotiated (live basis)
Head Count 898
Lowest Base Price 73.75
Highest Base Price 84.50
Weighted Average Price 80.72
Change from Previous Day -.05
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 898
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
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CARCASS WEIGHT DIFFERENTIALS
145# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 1,763 Colorado 160
Iowa 74,377 Illinois 14,538
Indiana 8,544 Kansas 1,203
Kentucky 1,606 Michigan 4,927
Minnesota 43,759 Missouri 2,280
Montana 444 North Carolina 6,432
Nebraska 12,967 Ohio 14,979
Oklahoma 1,621 Pennsylvania 4,830
South Dakota 3,824 Wisconsin 335
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