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USDA National Daily Direct Afternoon Hog Report 10/30 15:00

USDA National Daily Direct Afternoon Hog Report 10/30 15:00

LSDLM_HG217
Des Moines, IA                             Thu, Oct 30, 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                                  3,197     3,197     2,439     2,781
 Other Market Formula                       23,341    23,341    22,911    33,401
 Swine/Pork Market Formula                 122,636   122,636   124,311   134,328
 Other Purchase Arrangement                 66,005    66,005    61,542    57,831
 Negotiated Formula                            984       984       790     1,887
Pack. Sold (all purchase types)             28,256    28,256    31,024    31,356
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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                          1,895                                    
   Lowest Base Price                   82.00                                    
   Highest Base Price                  87.00                                    
   Weighted Average Price              84.74       84.12       84.71            
   Change from Previous Day             -.79       -2.54       -1.20            
Negotiated Formula (carcass basis)
   Head Count                            190                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,085                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         24,402      12,870      16,970       7,432
   Lowest Base Price                   69.25       71.60                   71.99
   Highest Base Price                  96.19       94.52                   96.19
   Weighted Average Price              80.95       80.56                   81.73
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        139,733      73,193      93,345      41,780
   Lowest Base Price                   82.11       82.11       82.11       84.61
   Highest Base Price                  94.86       93.87       93.87       94.86
   Weighted Average Price              89.99       89.72       89.55       90.64
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         66,244      37,185      40,825      23,630
   Lowest Base Price                   70.65       70.65       70.65       80.32
   Highest Base Price                 104.68       98.39       98.67      104.68
   Weighted Average Price              89.14       88.57       88.66       89.71
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,093                                    
   Lowest Base Price                   56.25                                    
   Highest Base Price                  67.80                                    
   Weighted Average Price              65.59                                    
   Change from Previous Day            -2.54                                    
Negotiated Formula (live basis)
   Head Count                            794                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,887                                    
   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#  -30.00 -14.62         175#   -8.70   1.00         205#     .00   3.00
    155#  -30.00  -5.00         185#     .00   1.50         215#   -8.00   3.00
    165#  -15.00    .00         195#     .00   3.00         225#  -30.00   1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog1 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 54.35       
 
Price Range $86.70  - $89.95  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,165          Iowa                 79,511
Illinois             16,114          Indiana              15,958
Kansas                1,871          Kentucky              2,485
Michigan              8,841          Minnesota            46,147
Missouri              2,997          Montana                 217
North Carolina        7,380          North Dakota            159
Nebraska             16,710          Ohio                 20,613
Oklahoma              1,695          Pennsylvania          6,023
South Dakota          9,325          Tennessee             1,815
Wisconsin               393          
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