USDA National Daily Direct Afternoon Hog Report 10/03 14:50
10/03/2025 | 2:50 pm CDT USDA National Daily Direct Afternoon Hog Report 10/03 14:50
LSDLM_HG217
Des Moines, IA Fri, Oct 03, 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 3,070 3,070 3,600 1,836
Other Market Formula 19,962 19,962 35,307 27,335
Swine/Pork Market Formula 140,316 140,316 138,095 133,732
Other Purchase Arrangement 66,498 66,498 59,395 55,576
Negotiated Formula 965 965 2,002
Pack. Sold (all purchase types) 25,478 25,478 33,113 37,513
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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 1,983
Lowest Base Price 92.00
Highest Base Price 102.00
Weighted Average Price 98.72 98.86 98.86
Change from Previous Day -.20 .06 -.05
Negotiated Formula (carcass basis)
Head Count 335
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,318
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,115 14,600 18,085 2,030
Lowest Base Price 76.87 76.87
Highest Base Price 105.30 105.30
Weighted Average Price 92.89 93.17
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 151,968 87,335 100,929 47,207
Lowest Base Price 91.01 91.01 91.01 91.13
Highest Base Price 106.91 106.26 106.26 106.91
Weighted Average Price 99.71 99.47 99.52 99.73
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 69,740 37,841 40,822 26,495
Lowest Base Price 79.41 79.41 79.41 84.60
Highest Base Price 116.26 116.26 116.26 103.59
Weighted Average Price 97.55 99.19 99.41 94.16
Change from Previous Day
Negotiated (live basis)
Head Count 695
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 630
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,325
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 Hog9 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.57
Price Range $99.50 - $104.76
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,193 Iowa 100,567
Illinois 19,259 Indiana 23,616
Kansas 1,835 Kentucky 1,544
Michigan 9,248 Minnesota 42,529
Missouri 3,043 Montana 236
North Carolina 160 North Dakota 170
Nebraska 12,074 New York 164
Ohio 21,451 Oklahoma 1,427
Pennsylvania 6,250 South Dakota 5,915
Tennessee 163 Virginia 65
Wisconsin 191 Wyoming 165
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