USDA National Daily Direct Afternoon Hog Report 10/28 15:01
10/28/2025 | 3:01 pm CDT USDA National Daily Direct Afternoon Hog Report 10/28 15:01
LSDLM_HG217
Des Moines, IA Tue, Oct 28, 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 18,955 18,955 14,362 5,920
Other Market Formula 20,199 20,199 15,968 26,808
Swine/Pork Market Formula 123,951 123,951 120,781 134,377
Other Purchase Arrangement 64,323 64,323 62,297 57,491
Negotiated Formula 1,617 1,617 947 2,000
Pack. Sold (all purchase types) 31,927 31,927 35,212 34,535
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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 19,486
Lowest Base Price 80.00
Highest Base Price 90.00
Weighted Average Price 88.03 88.13 88.05
Change from Previous Day 2.74
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 19,486
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 21,284 11,898 16,640 4,644
Lowest Base Price 69.25 71.99
Highest Base Price 97.16 96.67
Weighted Average Price 81.13 82.98
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 142,002 81,170 97,150 40,397
Lowest Base Price 78.00 83.57 83.57 78.00
Highest Base Price 95.60 94.95 94.95 95.60
Weighted Average Price 90.56 89.95 89.99 91.58
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 65,529 40,108 42,103 21,499
Lowest Base Price 69.00 69.00 69.00 80.58
Highest Base Price 99.21 98.83 98.83 99.21
Weighted Average Price 89.21 88.34 88.31 90.58
Change from Previous Day
Negotiated (live basis)
Head Count 1,301
Lowest Base Price 59.25
Highest Base Price 67.80
Weighted Average Price 63.97 64.70
Change from Previous Day -1.06
Negotiated Formula (live basis)
Head Count 1,617
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,918
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# -9.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -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 Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.69
Price Range $87.00 - $91.80
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
California 340 Canada 6,167
Iowa 95,589 Illinois 19,080
Indiana 12,997 Kansas 2,385
Kentucky 1,122 Maryland 161
Michigan 7,364 Minnesota 56,117
Missouri 2,908 Montana 229
North Carolina 7,435 North Dakota 331
Nebraska 12,889 Ohio 17,799
Oklahoma 1,643 Pennsylvania 5,921
South Dakota 8,493 Tennessee 1,650
Texas 7 Wisconsin 345
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