USDA National Daily Direct Morning Hog Report 09/29 10:55
09/29/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 09/29 10:55
LSDLM_HG216
Des Moines, IA Mon, Sep 29, 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 5,507 4,247 2,527 2,450
Other Market Formula 31,662 31,050 16,798 32,249
Swine/Pork Market Formula 115,361 102,336 127,547 120,103
Other Purchase Arrangement 75,535 72,273 102,899 120,595
Negotiated Formula 840 2,189
Pack. Sold (all purchase types) 29,245 29,245 33,917 46,080
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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 3,020
Lowest Base Price 99.00
Highest Base Price 104.00
Weighted Average Price 101.86
Change from Previous Day -2.34
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 3,020
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 33,158 18,102 23,065 10,093
Lowest Base Price 73.45 73.45 82.87
Highest Base Price 106.11 106.11 103.00
Weighted Average Price 97.38 95.33 100.36
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 117,591 69,971 82,232 32,011
Lowest Base Price 93.23 93.23 93.23 95.36
Highest Base Price 109.89 109.89 109.89 109.26
Weighted Average Price 103.63 103.29 103.37 104.07
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 73,886 51,237 53,842 19,400
Lowest Base Price 75.04 76.50 76.50 75.04
Highest Base Price 111.37 111.37 111.37 106.82
Weighted Average Price 98.82 100.18 100.38 94.24
Change from Previous Day
Negotiated (live basis)
Head Count 1,167
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 1,167
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# -32.00 -25.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.00 1.50 215# -8.00 4.00
165# -25.00 .00 195# -.50 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.88
Price Range $103.00 - $107.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,349 Colorado 160
Iowa 85,370 Illinois 16,100
Indiana 13,714 Kansas 1,371
Kentucky 4,525 Michigan 5,146
Minnesota 56,421 Missouri 4,225
Montana 443 North Carolina 7,195
Nebraska 12,189 Ohio 15,881
Oklahoma 1,426 Pennsylvania 1,657
South Dakota 5,024 Tennessee 4,785
Wisconsin 170
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