USDA National Daily Direct Morning Hog Report 08/26 10:55
08/26/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 08/26 10:55
LSDLM_HG216
Des Moines, IA Tue, Aug 26, 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 5,889 5,389 3,665 1,881
Other Market Formula 23,002 22,414 15,790 20,132
Swine/Pork Market Formula 91,360 79,722 79,596 87,543
Other Purchase Arrangement 55,919 52,186 45,647 53,863
Negotiated Formula 105 105 85
Pack. Sold (all purchase types) 24,981 24,981 25,568 25,812
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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 3,014
Lowest Base Price 103.00
Highest Base Price 110.00
Weighted Average Price 109.06 109.01 109.01
Change from Previous Day 2.39
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 3,014
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 23,276 10,095 15,640 7,636
Lowest Base Price 77.25 86.03
Highest Base Price 108.55 99.83
Weighted Average Price 91.39 95.48
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 95,018 55,560 65,702 26,526
Lowest Base Price 87.89 94.83 94.83 87.89
Highest Base Price 113.12 113.12 113.12 112.02
Weighted Average Price 104.92 104.58 104.58 105.34
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 53,210 34,699 35,864 16,535
Lowest Base Price 72.00 72.00 72.00 86.78
Highest Base Price 112.52 112.52 112.52 106.75
Weighted Average Price 100.73 101.08 100.96 99.99
Change from Previous Day
Negotiated (live basis)
Head Count 2,375
Lowest Base Price 75.75
Highest Base Price 85.50
Weighted Average Price 82.58 82.75 82.56
Change from Previous Day 3.46
Negotiated Formula (live basis)
Head Count 105
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,480
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# -25.00 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .00 215# .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 Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.55
Price Range $109.00 - $114.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,375 Iowa 69,626
Illinois 16,243 Indiana 4,391
Kansas 1,880 Kentucky 1,053
Maryland 141 Michigan 5,070
Minnesota 35,970 Missouri 2,418
North Carolina 6,930 North Dakota 175
Nebraska 10,779 Ohio 18,009
Oklahoma 855 Pennsylvania 4,105
South Dakota 3,617 Wisconsin 160
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