USDA National Daily Direct Morning Hog Report 09/16 11:01
09/16/2025 | 11:01 am CDT USDA National Daily Direct Morning Hog Report 09/16 11:01
LSDLM_HG216
Des Moines, IA Tue, Sep 16, 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 6,726 6,226 7,324 3,623
Other Market Formula 18,211 17,803 24,050 25,076
Swine/Pork Market Formula 109,118 96,429 87,410 84,029
Other Purchase Arrangement 57,634 53,483 47,140 50,327
Negotiated Formula 329 329 330 1,690
Pack. Sold (all purchase types) 23,217 23,217 20,642 31,356
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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 5,870
Lowest Base Price 102.00
Highest Base Price 108.00
Weighted Average Price 105.97 105.91 106.03
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 5,870
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 17,115 10,720 15,142 1,973
Lowest Base Price 73.45 89.03
Highest Base Price 99.03 99.03
Weighted Average Price 91.72 94.96
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 108,240 62,892 74,783 29,680
Lowest Base Price 95.63 96.19 96.00 95.63
Highest Base Price 111.05 111.05 111.05 109.97
Weighted Average Price 104.42 104.02 103.99 105.17
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 54,669 35,815 37,453 16,412
Lowest Base Price 72.03 72.03 72.03 86.69
Highest Base Price 112.70 112.70 112.70 107.07
Weighted Average Price 101.09 101.92 101.93 98.91
Change from Previous Day
Negotiated (live basis)
Head Count 531
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 329
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 860
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 -1.35 205# .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 Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.81
Price Range $107.10 - $111.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,275 Iowa 74,284
Illinois 16,510 Indiana 5,155
Kansas 1,735 Kentucky 1,458
Maryland 160 Michigan 5,249
Minnesota 41,186 Missouri 2,687
Montana 227 North Carolina 7,054
North Dakota 350 Nebraska 12,306
Ohio 14,210 Oklahoma 1,027
Pennsylvania 4,988 South Dakota 3,659
Wisconsin 967
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