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USDA National Daily Direct Morning Hog Report 10/01 10:50

USDA National Daily Direct Morning Hog Report 10/01 10:50

LSDLM_HG216
Des Moines, IA                             Wed, Oct 01, 2025

DAILY DIRECT MORNING 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                                  3,840     2,590     4,998     1,133
 Other Market Formula                       15,079    14,655    31,246    29,784
 Swine/Pork Market Formula                 102,481    86,761    88,220    86,171
 Other Purchase Arrangement                 49,753    46,344    53,275    52,492
 Negotiated Formula                            495       495       653     1,330
Pack. Sold (all purchase types)             22,977    22,977    20,730    27,760
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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                          1,740                                    
   Lowest Base Price                   95.00                                    
   Highest Base Price                 102.00                                    
   Weighted Average Price              99.95      100.04      100.04            
   Change from Previous Day            -2.38       -2.53       -2.56            
Negotiated Formula (carcass basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,905                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         15,331       9,363      14,103       1,228
   Lowest Base Price                   79.70       84.05                   90.63
   Highest Base Price                 102.40      101.60                  102.40
   Weighted Average Price              96.17       95.14                   97.03
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         97,865      53,328      63,833      29,572
   Lowest Base Price                   92.69       94.26       94.26       92.69
   Highest Base Price                 107.73      106.82      107.18      107.73
   Weighted Average Price             101.92      101.53      101.48      102.34
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         48,090      30,285      32,527      14,753
   Lowest Base Price                   79.41       79.41       79.41       86.10
   Highest Base Price                 110.50      110.50      110.50      105.85
   Weighted Average Price              99.79      100.57      100.65       97.70
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            710                                    
   Lowest Base Price                   71.75                                    
   Highest Base Price                  80.60                                    
   Weighted Average Price              77.54                                    
   Change from Previous Day             -.92                                    
Negotiated Formula (live basis)
   Head Count                            330                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,040                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) 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#  -25.00 -13.00         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         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 Hog4 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.59       
 
Price Range $101.00 - $104.76 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,470          Iowa                 57,937
Illinois             17,006          Indiana               5,553
Kansas                  991          Kentucky              1,865
Michigan              4,970          Minnesota            37,256
Missouri              2,372          North Carolina        6,510
North Dakota            170          Nebraska             13,682
Ohio                 11,800          Oklahoma              1,573
Pennsylvania          4,168          South Dakota          2,872
Wisconsin               627          
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