USDA National Daily Direct Morning Hog Report 09/10 11:00
09/10/2025 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 09/10 11:00
LSDLM_HG216
Des Moines, IA Wed, Sep 10, 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 6,539 6,069 6,255 1,672
Other Market Formula 15,156 14,656 32,387 16,180
Swine/Pork Market Formula 106,081 90,863 91,476 90,564
Other Purchase Arrangement 49,448 46,784 52,334 45,175
Negotiated Formula 321 884
Pack. Sold (all purchase types) 25,261 25,261 23,359 27,860
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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 6,290
Lowest Base Price 98.00
Highest Base Price 111.00
Weighted Average Price 107.42 107.63 107.66
Change from Previous Day .49 3.86 .73
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 6,290
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 13,908 6,805 10,090 3,818
Lowest Base Price 76.25 82.96
Highest Base Price 102.21 102.21
Weighted Average Price 93.97 95.85
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 104,669 59,233 70,742 30,131
Lowest Base Price 92.62 97.76 97.76 92.62
Highest Base Price 111.85 109.74 109.74 111.85
Weighted Average Price 104.57 104.27 104.23 105.13
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 46,795 27,199 28,784 17,847
Lowest Base Price 79.10 79.10 79.10 86.65
Highest Base Price 112.98 112.98 112.98 108.97
Weighted Average Price 101.96 102.89 102.82 100.59
Change from Previous Day
Negotiated (live basis)
Head Count 1,624
Lowest Base Price 72.75
Highest Base Price 83.50
Weighted Average Price 81.30
Change from Previous Day 5.31
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 1,624
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# -26.25 -13.00 175# -10.50 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.40
Price Range $104.00 - $111.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 2,689 Iowa 59,769
Illinois 18,572 Indiana 6,428
Kansas 1,726 Kentucky 1,288
Michigan 5,723 Minnesota 41,148
Missouri 2,522 North Carolina 6,460
North Dakota 170 Nebraska 12,265
Ohio 13,200 Oklahoma 1,735
Pennsylvania 4,335 South Dakota 2,467
Tennessee 2,475 Wisconsin 661
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