USDA National Daily Direct Hog Prior Day Report 10/16 07:55
10/16/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 10/16 07:55
LM_HG218
Des Moines, IA Thu, Oct 16, 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
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Producer Sold
Negotiated 5,191 6,092 3,142
Other Market Formula 21,634 19,784 29,351
Swine/Pork Market Formula 127,537 123,376 130,175
Other Purchase Arrangement 161,028 61,039 56,484
Negotiated Formula 655 515 3,104
Pack. Sold (all purchase types) 32,260 29,576 32,601
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 4,545 17,501 123,819 157,617 303,482
Base Price 91.49 81.65 94.42 84.83 88.66
Packer Sold
Head Count 32,162
Base Price 93.24
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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 4,545
Lowest Base Price 85.00
Highest Base Price 97.00
Weighted Average Price 91.49 91.62 91.62
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,545
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 20,420 14,013 17,622 2,798
Lowest Base Price 73.25 73.25 77.60
Highest Base Price 100.61 100.61 98.73
Weighted Average Price 82.01 81.47 83.20
Swine/Pork Market Formula (carcass basis)
Head Count 147,771 84,431 100,607 43,610
Lowest Base Price 79.64 81.10 81.10 79.64
Highest Base Price 101.57 99.95 99.95 101.57
Weighted Average Price 94.42 94.01 94.05 94.95
Other Purchase Arrangement (carcass basis)
Head Count 163,248 139,556 142,492 18,646
Lowest Base Price 78.91 78.91 78.91 82.97
Highest Base Price 105.21 101.84 101.84 105.21
Weighted Average Price 85.11 83.74 83.96 92.52
Negotiated (live basis)
Head Count 513
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 655
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,168
Lowest Base Price
Highest Base Price
Weighted Average Price
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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)
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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 Hog216.72 lb carcass .63 inch back-fat
8.00 square inch loin 2.66 inch loin depth FFLI: 53.61
Price Range $92.00 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 360 Canada 4,935
Iowa 191,907 Illinois 19,998
Indiana 14,556 Kansas 990
Kentucky 700 Michigan 6,812
Minnesota 50,684 Missouri 3,855
North Carolina 6,878 North Dakota 75
Nebraska 14,247 New York 153
Ohio 19,060 Oklahoma 1,672
Pennsylvania 3,970 South Dakota 7,133
Wisconsin 660
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