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USDA National Daily Direct Afternoon Hog Report 10/08 14:45

USDA National Daily Direct Afternoon Hog Report 10/08 14:45

LSDLM_HG217
Des Moines, IA                             Wed, Oct 08, 2025

DAILY DIRECT AFTERNOON 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                                  6,704     6,704     4,868     3,733
 Other Market Formula                       13,946    13,946    16,686    34,717
 Swine/Pork Market Formula                 131,134   131,134   130,929   135,329
 Other Purchase Arrangement                 60,116    60,116    58,048    61,331
 Negotiated Formula                            515       515       495     1,498
Pack. Sold (all purchase types)             30,810    30,810    30,647    33,339
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                          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                          5,468                                    
   Lowest Base Price                   94.00                                    
   Highest Base Price                 101.00                                    
   Weighted Average Price              99.05       99.10       99.09            
   Change from Previous Day              .42         .48         .49            
Negotiated Formula (carcass basis)
   Head Count                            350                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          5,818                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         13,396       6,593      10,967       2,429
   Lowest Base Price                   79.44       79.44                   82.96
   Highest Base Price                  99.60       99.60                   99.58
   Weighted Average Price              94.27       93.17                   94.57
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        149,243      86,579     101,666      43,201
   Lowest Base Price                   87.49       87.49       87.49       88.42
   Highest Base Price                 105.02      104.02      104.02      105.02
   Weighted Average Price              98.18       97.77       97.75       98.80
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         62,839      34,292      38,226      23,486
   Lowest Base Price                   75.41       79.47       79.47       75.41
   Highest Base Price                 106.17      106.17      106.17      101.61
   Weighted Average Price              95.97       97.02       97.22       93.70
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,168                                    
   Lowest Base Price                   69.50                                    
   Highest Base Price                  77.85                                    
   Weighted Average Price              76.27                               77.31
   Change from Previous Day             2.45                                    
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                          1,333                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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 -13.00         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         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 Hog3 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.52       
 
Price Range $99.00  - $103.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,428          Iowa                 82,926
Illinois             18,253          Indiana              15,348
Kansas                1,196          Kentucky              1,291
Michigan              8,322          Minnesota            50,690
Missouri              2,668          North Carolina        7,224
North Dakota            170          Nebraska             16,015
Ohio                 20,544          Oklahoma              1,695
Pennsylvania          5,150          South Carolina          135
South Dakota          6,484          Wisconsin               686

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