USDA National Daily Direct Morning Hog Report 08/27 10:55
08/27/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 08/27 10:55
LSDLM_HG216
Des Moines, IA Wed, Aug 27, 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 4,704 3,454 4,762 147
Other Market Formula 29,630 28,874 11,504 29,633
Swine/Pork Market Formula 100,604 86,465 83,503 94,870
Other Purchase Arrangement 55,097 52,024 198,630 50,829
Negotiated Formula 335 335 1,309 320
Pack. Sold (all purchase types) 25,129 25,129 26,333 29,567
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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 3,045
Lowest Base Price 102.00
Highest Base Price 110.00
Weighted Average Price 109.00 108.90 109.00
Change from Previous Day -.06 -.11 -.01
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 3,045
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 29,099 10,561 15,231 13,868
Lowest Base Price 77.25 78.32
Highest Base Price 104.12 100.00
Weighted Average Price 91.98 92.98
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 100,872 55,236 66,042 31,274
Lowest Base Price 89.92 95.90 95.43 89.92
Highest Base Price 113.09 113.09 113.09 111.90
Weighted Average Price 105.03 104.93 104.87 105.04
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 53,720 33,420 36,085 16,823
Lowest Base Price 77.04 77.04 77.04 83.78
Highest Base Price 112.56 112.56 112.56 105.70
Weighted Average Price 100.26 100.98 100.98 98.53
Change from Previous Day
Negotiated (live basis)
Head Count 1,369
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 335
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,704
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# -26.00 -13.00 175# -4.00 -1.35 205# .00 4.00
155# -26.00 -10.00 185# -1.50 .00 215# .00 4.00
165# -26.00 -3.37 195# .00 3.00 225# -1.33 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.84
Price Range $108.00 - $114.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 2,913 Iowa 64,626
Illinois 16,732 Indiana 9,233
Kansas 1,966 Kentucky 1,366
Michigan 4,601 Minnesota 38,415
Missouri 2,269 North Carolina 6,812
North Dakota 170 Nebraska 11,834
New York 160 Ohio 24,381
Oklahoma 1,610 Pennsylvania 3,945
South Carolina 150 South Dakota 4,599
Wisconsin 499
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