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USDA National Daily Direct Afternoon Hog Report 10/01 14:55

USDA National Daily Direct Afternoon Hog Report 10/01 14:55

LSDLM_HG217
Des Moines, IA                             Wed, Oct 01, 2025

DAILY DIRECT AFTERNOON 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                                  4,868     4,868     7,415     5,008
 Other Market Formula                       16,686    16,686    35,065    40,805
 Swine/Pork Market Formula                 130,929   130,929   126,704   132,436
 Other Purchase Arrangement                 58,048    58,048    61,040    65,256
 Negotiated Formula                            495       495       653     1,485
Pack. Sold (all purchase types)             30,647    30,647    28,180    36,822
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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                          3,730                                    
   Lowest Base Price                   95.00                                    
   Highest Base Price                 103.00                                    
   Weighted Average Price             100.43      100.59      100.24            
   Change from Previous Day            -1.82       -1.85       -2.19            
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                          3,895                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         17,362       9,684      14,424       2,938
   Lowest Base Price                   76.90       76.90                   78.32
   Highest Base Price                 102.40      101.60                  102.40
   Weighted Average Price              94.76       94.85                   89.27
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        148,615      83,335      99,830      44,026
   Lowest Base Price                   92.69       93.48       93.48       92.69
   Highest Base Price                 107.78      106.82      107.18      107.78
   Weighted Average Price             101.95      101.56      101.61      102.37
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         60,814      35,072      38,494      21,180
   Lowest Base Price                   79.39       79.39       79.39       86.10
   Highest Base Price                 110.50      110.50      110.50      105.85
   Weighted Average Price              98.85       99.22       99.44       97.54
   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            -1.04                                    
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 AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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#  -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
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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                5,099          Iowa                 81,739
Illinois             18,301          Indiana              14,333
Kansas                  991          Kentucky              1,865
Michigan              8,654          Minnesota            49,922
Missouri              2,900          North Carolina        6,510
North Dakota            170          Nebraska             16,430
Ohio                 20,316          Oklahoma              1,575
Pennsylvania          4,668          South Dakota          7,137
Wisconsin               788          
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