USDA National Daily Direct Afternoon Hog Report 10/03 07:05
10/03/2025 | 7:05 am CDT USDA National Daily Direct Afternoon Hog Report 10/03 07:05
LSDLM_HG217
Des Moines, IA Thu, Oct 02, 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 5,887 5,887 7,547 2,028
Other Market Formula 22,964 22,964 26,207 70,525
Swine/Pork Market Formula 133,333 133,333 137,419 122,901
Other Purchase Arrangement 190,669 190,669 70,575 56,329
Negotiated Formula 1,215 1,215 633 2,272
Pack. Sold (all purchase types) 33,248 33,248 31,293 26,380
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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 4,857
Lowest Base Price 96.00
Highest Base Price 102.50
Weighted Average Price 98.92 98.80 98.91
Change from Previous Day -1.51 -1.79 -1.33
Negotiated Formula (carcass basis)
Head Count 260
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,117
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 23,829 11,879 16,131 7,698
Lowest Base Price 76.89 76.89 78.32
Highest Base Price 105.78 105.78 103.20
Weighted Average Price 94.60 93.25 95.31
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 153,351 89,682 104,676 45,397
Lowest Base Price 92.40 92.40 92.40 92.40
Highest Base Price 107.38 106.73 106.73 107.38
Weighted Average Price 100.77 100.62 100.55 100.98
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 192,849 164,116 168,371 22,840
Lowest Base Price 79.41 79.41 79.41 85.06
Highest Base Price 110.76 109.01 110.76 102.01
Weighted Average Price 86.10 84.23 84.70 95.16
Change from Previous Day
Negotiated (live basis)
Head Count 720
Lowest Base Price 66.75
Highest Base Price 78.85
Weighted Average Price 73.35
Change from Previous Day -4.19
Negotiated Formula (live basis)
Head Count 955
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,675
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# -4.00 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 Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.72
Price Range $100.00 - $105.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,948 Colorado 160
Georgia 13 Iowa 219,982
Illinois 16,650 Indiana 14,516
Kansas 1,210 Kentucky 1,270
Michigan 9,745 Minnesota 51,423
Missouri 3,678 Montana 427
North Carolina 6,363 Nebraska 13,806
New York 160 Ohio 27,274
Oklahoma 1,384 Pennsylvania 5,994
South Carolina 270 South Dakota 7,793
Wisconsin 250
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