USDA National Daily Direct Morning Hog Report 08/20 10:50
08/20/2025 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 08/20 10:50
LSDLM_HG216
Des Moines, IA Wed, Aug 20, 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 6,017 4,762 6,281 2,461
Other Market Formula 12,344 11,504 25,164 18,956
Swine/Pork Market Formula 96,989 83,503 80,771 95,402
Other Purchase Arrangement 201,718 198,630 49,703 49,050
Negotiated Formula 1,309 1,309 988
Pack. Sold (all purchase types) 26,333 26,333 23,960 25,129
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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 3,618
Lowest Base Price 100.00
Highest Base Price 111.00
Weighted Average Price 109.84 109.93 109.93
Change from Previous Day -1.10 1.29 -1.01
Negotiated Formula (carcass basis)
Head Count 930
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,548
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 12,729 7,260 11,549 1,180
Lowest Base Price 75.15 78.32
Highest Base Price 104.05 96.92
Weighted Average Price 88.40 88.02
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 99,420 55,982 65,990 29,406
Lowest Base Price 86.64 94.42 94.42 86.64
Highest Base Price 114.16 114.16 114.16 112.26
Weighted Average Price 105.85 105.82 105.74 105.55
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 199,866 181,167 183,168 16,539
Lowest Base Price 77.13 77.13 77.13 87.21
Highest Base Price 113.93 113.93 113.93 107.93
Weighted Average Price 87.92 86.73 86.86 99.46
Change from Previous Day
Negotiated (live basis)
Head Count 1,144
Lowest Base Price 70.75
Highest Base Price 86.20
Weighted Average Price 83.24
Change from Previous Day 1.53
Negotiated Formula (live basis)
Head Count 379
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,523
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# -32.00 -13.00 175# -4.00 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# -.50 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.01
Price Range $107.00 - $114.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,147 Iowa 214,387
Illinois 15,426 Indiana 6,453
Kansas 1,386 Kentucky 955
Michigan 4,634 Minnesota 35,377
Missouri 2,268 Montana 176
North Carolina 6,539 Nebraska 12,656
Ohio 13,585 Oklahoma 1,499
Pennsylvania 4,799 South Dakota 2,094
Wisconsin 660
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