USDA National Daily Direct Morning Hog Report 09/02 12:05
09/02/2025 | 12:05 pm CDT USDA National Daily Direct Morning Hog Report 09/02 12:05
LSDLM_HG216
Des Moines, IA Tue, Sep 02, 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 1,945 695 5,389 528
Other Market Formula 47,181 46,377 22,414 32,129
Swine/Pork Market Formula 106,411 91,027 79,722 110,401
Other Purchase Arrangement 64,637 61,538 52,186 65,568
Negotiated Formula 785 785 105 325
Pack. Sold (all purchase types) 24,847 24,847 24,981 36,650
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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 70
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 455
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 525
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 46,277 13,701 18,811 27,466
Lowest Base Price 77.00 78.32
Highest Base Price 107.49 100.65
Weighted Average Price 90.01 89.10
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 102,432 71,430 84,930 15,527
Lowest Base Price 94.77 94.77 94.77 94.84
Highest Base Price 111.77 111.77 111.77 111.43
Weighted Average Price 103.57 103.53 103.48 103.72
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 64,081 49,796 51,106 11,692
Lowest Base Price 72.03 72.03 72.03 74.60
Highest Base Price 112.20 112.20 112.20 108.24
Weighted Average Price 100.08 100.77 100.75 96.30
Change from Previous Day
Negotiated (live basis)
Head Count 547
Lowest Base Price 76.00
Highest Base Price 82.75
Weighted Average Price 79.50
Change from Previous Day
Negotiated Formula (live basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 877
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 2,395 Iowa 89,290
Illinois 38,206 Indiana 11,174
Kansas 2,393 Kentucky 1,385
Michigan 2,685 Minnesota 47,598
Missouri 2,282 Montana 671
North Carolina 520 Nebraska 12,369
Ohio 6,855 Oklahoma 1,653
Pennsylvania 170 South Dakota 5,147
Wisconsin 476
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