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USDA National Daily Direct Morning Hog Report 08/28 10:55

USDA National Daily Direct Morning Hog Report 08/28 10:55

LSDLM_HG216
Des Moines, IA                             Thu, Aug 28, 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                                  4,070     2,820     2,174       286
 Other Market Formula                       52,694    51,722    14,823    22,884
 Swine/Pork Market Formula                 115,399    99,913    85,096    91,200
 Other Purchase Arrangement                 55,314    52,738    45,799    49,145
 Negotiated Formula                                                365          
Pack. Sold (all purchase types)             25,087    24,769    24,741    32,454
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                          2,106                                    
   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                          2,106                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         52,259      10,225      14,906      37,353
   Lowest Base Price                   73.70       77.33                   73.70
   Highest Base Price                 107.93      107.93                  100.00
   Weighted Average Price              91.02       92.23                   90.65
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        114,529      67,424      78,658      31,813
   Lowest Base Price                   94.36       94.36       94.36       96.06
   Highest Base Price                 113.50      113.25      113.50      111.32
   Weighted Average Price             104.37      104.40      104.35      104.01
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         52,687      33,022      34,514      17,521
   Lowest Base Price                   77.04       77.04       77.04       86.93
   Highest Base Price                 112.33      112.33      112.33      105.70
   Weighted Average Price             100.05      101.10      100.99       98.05
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            714                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                            714                                    
   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                3,527          Colorado                160
Iowa                 70,911          Illinois             38,988
Indiana               8,897          Kansas                1,526
Kentucky              2,883          Michigan              4,748
Minnesota            41,452          Missouri              2,339
Montana                 642          North Carolina        6,748
North Dakota            350          Nebraska             12,350
New York                160          Ohio                 22,215
Oklahoma              1,623          Pennsylvania          4,770
South Dakota          4,383          Tennessee             2,805
Wisconsin               485          
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