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USDA National Daily Direct Hog Prior Day Report 10/02 08:00

USDA National Daily Direct Hog Prior Day Report 10/02 08:00

LM_HG218
Des Moines, IA                             Thu, Oct 02, 2025

DAILY DIRECT PRIOR DAY HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                                      Actual    Actual    Actual
                                                       Today  Week Ago  Year Ago
                                                      --------------------------
Producer Sold
 Negotiated                                            5,272     9,421     4,886
 Other Market Formula                                 19,014    34,359    47,594
 Swine/Pork Market Formula                           131,589   132,294   122,844
 Other Purchase Arrangement                           55,357    61,805    62,312
 Negotiated Formula                                    1,059       813     1,949
Pack. Sold (all purchase types)                       32,281    30,679    32,726
================================================================================
                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count        4,540      15,899     127,138      51,916       265   199,758
 Base Price       100.25       92.60      101.15       98.20               99.68
Packer Sold
 Head Count                                                               32,281
 Base Price                                                               101.07
================================================================================

                          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                          4,540                                    
   Lowest Base Price                   95.00                                    
   Highest Base Price                 103.00                                    
   Weighted Average Price             100.25      100.26      100.07            
Negotiated Formula (carcass basis)
   Head Count                            265                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,805                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         19,099      11,581      15,843       3,256
   Lowest Base Price                   76.90       76.90                   78.32
   Highest Base Price                 105.78      105.78                  105.78
   Weighted Average Price              93.75       93.66                   89.71
Swine/Pork Market Formula (carcass basis)
   Head Count                        151,218      90,621     107,260      40,340
   Lowest Base Price                   92.40       92.40       92.40       94.84
   Highest Base Price                 107.78      106.82      106.82      107.78
   Weighted Average Price             101.19      100.92      100.93      101.58
Other Purchase Arrangement (carcass basis)
   Head Count                         56,917      35,249      38,654      17,123
   Lowest Base Price                   79.39       79.39       79.39       87.29
   Highest Base Price                 109.01      109.01      109.01      104.93
   Weighted Average Price              98.39       98.40       98.60       97.56
Negotiated (live basis)
   Head Count                            579                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (live basis)
   Head Count                            794                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,373                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 - 
2.7 inches)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -30.00 -13.00         175#  -10.20   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   1.50         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog214.05 lb carcass .62 inch back-fat 
7.88 square inch loin 2.62 inch loin depth FFLI: 53.72
 
Price Range $100.00 - $104.76 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                4,790          Colorado                160
Iowa                 89,401          Illinois             17,906
Indiana              13,861          Kansas                1,200
Kentucky              1,110          Michigan              6,623
Minnesota            52,620          Missouri              4,226
North Carolina        6,363          Nebraska             14,714
New York                161          Ohio                 18,693
Oklahoma              1,385          Pennsylvania          2,725
South Carolina          270          South Dakota          8,043
Wisconsin               321          
================================================================================

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