USDA National Daily Direct Morning Hog Report 08/21 10:45
08/21/2025 | 10:46 am CDT USDA National Daily Direct Morning Hog Report 08/21 10:45
LSDLM_HG216
Des Moines, IA Thu, Aug 21, 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 3,259 2,174 6,165 2,382
Other Market Formula 15,663 14,823 26,598 23,504
Swine/Pork Market Formula 100,011 85,096 82,556 95,338
Other Purchase Arrangement 48,908 45,799 46,509 50,346
Negotiated Formula 365 365 350 653
Pack. Sold (all purchase types) 24,741 24,741 27,572 31,010
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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 995
Lowest Base Price 106.00
Highest Base Price 111.00
Weighted Average Price 107.34 107.34
Change from Previous Day -2.50 -2.59
Negotiated Formula (carcass basis)
Head Count 200
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,195
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 16,160 12,118 15,498 662
Lowest Base Price 79.55 79.55 88.95
Highest Base Price 110.15 110.15 97.52
Weighted Average Price 91.21 90.85 93.63
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 99,697 57,229 67,262 29,053
Lowest Base Price 86.44 94.42 94.42 86.44
Highest Base Price 115.80 115.80 115.80 112.81
Weighted Average Price 105.79 105.92 105.68 105.55
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 45,274 27,317 29,139 15,645
Lowest Base Price 71.99 71.99 71.99 86.79
Highest Base Price 116.67 116.67 116.67 106.45
Weighted Average Price 100.91 102.56 102.29 98.25
Change from Previous Day
Negotiated (live basis)
Head Count 1,162
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,327
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# -30.00 -13.00 175# -3.25 1.00 205# .00 3.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 3.00
165# -15.00 -3.37 195# .00 3.00 225# -1.33 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog3 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.03
Price Range $111.00 - $113.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 2,891 Colorado 160
Iowa 64,189 Illinois 15,211
Indiana 5,405 Kansas 1,041
Kentucky 696 Michigan 5,092
Minnesota 33,684 Missouri 3,511
Montana 400 North Carolina 6,542
Nebraska 10,582 New York 500
Ohio 13,643 Oklahoma 1,463
Pennsylvania 3,909 South Carolina 165
South Dakota 3,289 Wisconsin 625
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