USDA National Daily Direct Afternoon Hog Report 10/15 14:50
10/15/2025 | 2:50 pm CDT USDA National Daily Direct Afternoon Hog Report 10/15 14:50
LSDLM_HG217
Des Moines, IA Wed, Oct 15, 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 7,092 7,092 6,704 5,009
Other Market Formula 26,067 26,067 13,946 27,105
Swine/Pork Market Formula 137,411 137,411 131,134 128,804
Other Purchase Arrangement 160,918 160,918 60,116 58,517
Negotiated Formula 822 822 515 2,501
Pack. Sold (all purchase types) 31,723 31,723 30,810 34,122
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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 6,378
Lowest Base Price 85.00
Highest Base Price 98.00
Weighted Average Price 93.42 93.84 93.43
Change from Previous Day .37 1.71 1.40
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 6,378
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,630 13,361 17,545 7,085
Lowest Base Price 73.54 77.60
Highest Base Price 98.68 98.68
Weighted Average Price 91.37 94.58
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 156,375 88,978 106,142 46,593
Lowest Base Price 79.64 85.01 85.01 79.64
Highest Base Price 101.57 100.54 100.54 101.57
Weighted Average Price 94.73 94.29 94.32 95.33
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 163,555 137,043 139,511 21,934
Lowest Base Price 79.50 79.50 79.50 82.97
Highest Base Price 102.52 102.52 102.52 99.24
Weighted Average Price 85.80 84.31 84.56 92.57
Change from Previous Day
Negotiated (live basis)
Head Count 581
Lowest Base Price 64.25
Highest Base Price 73.65
Weighted Average Price 70.39 69.04 69.01
Change from Previous Day -.70 -1.85 -1.88
Negotiated Formula (live basis)
Head Count 822
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,403
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# -9.30 1.00 205# .00 4.00
155# -30.00 -9.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -3.37 195# -.50 3.00 225# -1.33 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: 53.64
Price Range $92.00 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
California 360 Canada 5,259
Iowa 194,426 Illinois 20,368
Indiana 15,140 Kansas 1,845
Kentucky 1,360 Michigan 8,874
Minnesota 51,210 Missouri 3,040
North Carolina 6,534 North Dakota 170
Nebraska 14,284 New York 330
Ohio 22,518 Oklahoma 1,512
Pennsylvania 4,148 South Carolina 150
South Dakota 8,100 Tennessee 3,795
Wisconsin 610
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