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USDA National Daily Direct Afternoon Hog Report 10/07 14:45

USDA National Daily Direct Afternoon Hog Report 10/07 14:45

LSDLM_HG217
Des Moines, IA                             Tue, Oct 07, 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                                  7,888     7,888    19,904     7,204
 Other Market Formula                       23,906    23,906    23,209    33,787
 Swine/Pork Market Formula                 126,689   126,689   126,961   122,963
 Other Purchase Arrangement                 70,322    70,322    66,647    58,848
 Negotiated Formula                            530       530       350     1,938
Pack. Sold (all purchase types)             32,066    32,066    36,124    27,908
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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                          7,238                                    
   Lowest Base Price                   94.00                                    
   Highest Base Price                 100.00                                    
   Weighted Average Price              98.63       98.62       98.60            
   Change from Previous Day             -.76        -.73        -.79            
Negotiated Formula (carcass basis)
   Head Count                            200                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          7,438                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         24,670      15,618      20,898       3,772
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        144,967      81,636      97,465      43,910
   Lowest Base Price                   88.64       90.17       88.64       91.11
   Highest Base Price                 106.03      106.03      106.03      105.49
   Weighted Average Price              98.94       98.40       98.36       99.81
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         71,434      44,624      47,942      22,208
   Lowest Base Price                   79.47       79.47       79.47       84.60
   Highest Base Price                 106.49      106.49      106.49      101.95
   Weighted Average Price              96.41       96.84       97.02       94.75
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            554                                    
   Lowest Base Price                   72.50                                    
   Highest Base Price                  78.45                                    
   Weighted Average Price              73.82                                    
   Change from Previous Day             -.31                                    
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                            884                                    
   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#   -9.85   1.00         205#     .00   4.00
    155#  -30.00 -10.00         185#   -1.50   1.50         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   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: 53.34       
 
Price Range $99.00  - $103.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,123          Iowa                 97,399
Illinois             19,450          Indiana              13,472
Kansas                1,848          Kentucky              1,750
Maryland                161          Michigan              9,310
Minnesota            52,826          Missouri              2,950
Montana                 229          North Carolina        6,936
Nebraska             16,628          Ohio                 21,841
Oklahoma              1,512          Pennsylvania          4,893
South Dakota          5,707          Virginia                  1
Wisconsin               365          
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