USDA National Daily Direct Morning Hog Report 09/17 10:45
09/17/2025 | 10:45 am CDT USDA National Daily Direct Morning Hog Report 09/17 10:45
LSDLM_HG216
Des Moines, IA Wed, Sep 17, 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 4,842 4,342 6,069 757
Other Market Formula 23,143 22,504 14,656 31,692
Swine/Pork Market Formula 102,146 88,533 90,863 94,791
Other Purchase Arrangement 53,941 50,697 46,784 48,219
Negotiated Formula 165 165 2,849
Pack. Sold (all purchase types) 22,644 22,644 25,261 26,042
--------------------------------------------------------------------------------
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 3,692
Lowest Base Price 100.00
Highest Base Price 110.00
Weighted Average Price 106.25 106.86 106.86
Change from Previous Day .28 .95 .83
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 3,692
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 21,231 10,904 14,684 6,547
Lowest Base Price 73.72 73.72 90.15
Highest Base Price 102.70 99.12 102.70
Weighted Average Price 92.73 91.01 95.00
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 101,471 54,031 65,695 32,111
Lowest Base Price 94.32 95.82 95.82 94.32
Highest Base Price 112.04 111.10 111.10 112.04
Weighted Average Price 104.19 104.17 103.97 104.32
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 51,728 33,433 35,909 15,019
Lowest Base Price 76.96 76.96 76.96 86.34
Highest Base Price 112.39 112.39 112.39 105.64
Weighted Average Price 99.89 100.33 100.45 98.23
Change from Previous Day
Negotiated (live basis)
Head Count 631
Lowest Base Price 74.25
Highest Base Price 83.35
Weighted Average Price 81.21
Change from Previous Day
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 796
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -26.50 -13.00 175# -10.60 -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
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.71
Price Range $107.50 - $111.50
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,830 Iowa 60,156
Illinois 15,733 Indiana 8,222
Kansas 1,555 Kentucky 731
Michigan 5,868 Minnesota 42,251
Missouri 1,941 North Carolina 6,556
North Dakota 170 Nebraska 13,578
New York 170 Ohio 18,396
Oklahoma 1,254 Pennsylvania 4,415
South Carolina 150 South Dakota 2,952
Wisconsin 957
--------------------------------------------------------------------------------
[0600059D]