USDA National Daily Direct Hog Prior Day Report 10/21 08:05
10/21/2025 | 8:07 am CDT USDA National Daily Direct Hog Prior Day Report 10/21 08:05
LM_HG218
Des Moines, IA Tue, Oct 21, 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 5,242 4,235 3,002
Other Market Formula 17,495 23,677 25,717
Swine/Pork Market Formula 126,917 125,435 129,051
Other Purchase Arrangement 57,940 60,261 59,527
Negotiated Formula 947 1,338 2,002
Pack. Sold (all purchase types) 34,251 31,614 39,551
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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 3,756 14,701 121,532 54,097 194,086
Base Price 88.91 81.04 92.92 90.95 91.39
Packer Sold
Head Count 34,066
Base Price 91.46
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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 3,756
Lowest Base Price 84.00
Highest Base Price 90.00
Weighted Average Price 88.91 89.39 89.37
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,756
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,433 10,697 15,778 2,655
Lowest Base Price 69.00 69.00 71.99
Highest Base Price 99.56 99.56 95.86
Weighted Average Price 81.32 80.89 81.13
Swine/Pork Market Formula (carcass basis)
Head Count 145,537 86,323 101,619 39,351
Lowest Base Price 84.00 84.00 84.00 85.14
Highest Base Price 99.12 98.04 98.04 99.12
Weighted Average Price 92.99 92.65 92.54 93.70
Other Purchase Arrangement (carcass basis)
Head Count 60,742 39,451 42,136 17,296
Lowest Base Price 75.20 75.20 75.20 84.58
Highest Base Price 100.81 100.81 100.81 99.94
Weighted Average Price 90.83 90.18 90.19 92.06
Negotiated (live basis)
Head Count 1,306
Lowest Base Price 62.75
Highest Base Price 71.15
Weighted Average Price 68.85 68.88
Negotiated Formula (live basis)
Head Count 947
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,253
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# -30.00 -13.00 175# -9.00 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
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog217.18 lb carcass .64 inch back-fat
7.88 square inch loin 2.62 inch loin depth FFLI: 53.39
Price Range $88.00 - $94.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 340 Canada 5,068
Iowa 95,438 Idaho 7
Illinois 18,924 Indiana 14,560
Kansas 2,349 Kentucky 1,424
Maryland 160 Michigan 7,249
Minnesota 45,018 Missouri 2,972
Montana 445 North Carolina 7,207
North Dakota 366 Nebraska 15,330
Ohio 13,652 Oklahoma 1,537
Pennsylvania 4,333 South Dakota 6,600
Wisconsin 129
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