USDA National Daily Direct Hog Prior Day Report 10/24 07:55
10/24/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 10/24 07:55
LM_HG218
Des Moines, IA Fri, Oct 24, 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 3,042 1,853 4,420
Other Market Formula 25,540 18,607 39,940
Swine/Pork Market Formula 127,934 129,383 136,324
Other Purchase Arrangement 52,950 61,023 49,461
Negotiated Formula 483 1,303 2,271
Pack. Sold (all purchase types) 30,154 29,290 31,470
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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 1,120 23,385 123,524 48,865 160 197,054
Base Price 85.79 82.37 90.80 89.68 89.49
Packer Sold
Head Count 30,139
Base Price 89.45
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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 1,120
Lowest Base Price 82.00
Highest Base Price 87.00
Weighted Average Price 85.79
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,280
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 26,790 14,561 18,891 7,899
Lowest Base Price 68.75 69.83 71.99
Highest Base Price 98.10 98.10 97.57
Weighted Average Price 82.38 81.94 83.98
Swine/Pork Market Formula (carcass basis)
Head Count 146,444 80,736 96,416 45,567
Lowest Base Price 82.14 82.14 82.14 84.25
Highest Base Price 97.98 96.18 96.18 97.98
Weighted Average Price 90.83 90.47 90.40 91.35
Other Purchase Arrangement (carcass basis)
Head Count 52,846 32,156 36,474 15,883
Lowest Base Price 70.50 70.50 70.50 80.58
Highest Base Price 100.68 98.54 100.68 100.14
Weighted Average Price 89.45 89.14 89.49 89.27
Negotiated (live basis)
Head Count 1,755
Lowest Base Price 56.25
Highest Base Price 81.75
Weighted Average Price 68.69
Negotiated Formula (live basis)
Head Count 323
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,078
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# -26.00 -14.62 175# -4.00 .00 205# .00 4.00
155# -26.00 -5.00 185# -1.00 .00 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog217.78 lb carcass .64 inch back-fat
8.00 square inch loin 2.66 inch loin depth FFLI: 53.46
Price Range $89.50 - $91.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,732 Colorado 160
Iowa 87,694 Illinois 19,481
Indiana 16,522 Kansas 1,855
Kentucky 510 Michigan 7,463
Minnesota 41,114 Missouri 3,375
Montana 222 North Carolina 7,635
North Dakota 170 Nebraska 15,634
Ohio 20,105 Oklahoma 1,585
Pennsylvania 4,338 South Dakota 7,025
Wisconsin 650
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