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USDA National Daily Direct Afternoon Hog Report 10/09 14:45

USDA National Daily Direct Afternoon Hog Report 10/09 14:45

LSDLM_HG217
Des Moines, IA                             Thu, Oct 09, 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                                  3,230     3,230     5,887     1,863
 Other Market Formula                       20,451    20,451    22,964    23,060
 Swine/Pork Market Formula                 122,842   122,842   133,333   126,877
 Other Purchase Arrangement                 63,168    63,168   190,669    62,606
 Negotiated Formula                            510       510     1,215     1,988
Pack. Sold (all purchase types)             28,743    28,743    33,248    38,528
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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                          2,435                                    
   Lowest Base Price                   93.00                                    
   Highest Base Price                  99.00                                    
   Weighted Average Price              96.33                   96.87            
   Change from Previous Day            -2.72                   -2.22            
Negotiated Formula (carcass basis)
   Head Count                            175                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,610                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         21,207      12,889      17,449       3,758
   Lowest Base Price                   78.32                               78.32
   Highest Base Price                  98.62                               96.85
   Weighted Average Price              92.05                               88.03
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        139,176      76,860      91,238      43,268
   Lowest Base Price                   86.04       88.25       86.04       88.32
   Highest Base Price                 104.42      103.59      103.59      104.42
   Weighted Average Price              97.57       97.52       97.43       97.49
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         63,891      36,587      41,390      20,079
   Lowest Base Price                   79.47       79.47       79.47       82.99
   Highest Base Price                 107.20      105.42      107.20      105.74
   Weighted Average Price              95.86       96.49       96.93       93.06
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            763                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            335                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,098                                    
   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 -14.62         175#   -9.90   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.00   1.50         215#   -8.00   4.00
    165#  -26.00    .00         195#     .00   3.00         225#  -30.00   3.50
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog1 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.53       
 
Price Range $99.00  - $101.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,094          Georgia                   1
Iowa                 84,333          Illinois             17,474
Indiana              12,851          Kansas                1,400
Kentucky              1,957          Michigan              7,343
Minnesota            44,998          Missouri              4,713
Montana                 205          North Carolina        6,471
North Dakota            175          Nebraska             13,863
Ohio                 22,209          Oklahoma              1,526
Pennsylvania          5,451          South Dakota          7,235
Wisconsin               645          
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