USDA National Daily Direct Afternoon Hog Report 10/16 14:45
10/16/2025 | 2:45 pm CDT USDA National Daily Direct Afternoon Hog Report 10/16 14:45
LSDLM_HG217
Des Moines, IA Thu, Oct 16, 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 2,119 2,119 3,230 1,394
Other Market Formula 17,664 17,664 20,451 27,829
Swine/Pork Market Formula 127,247 127,247 122,842 137,571
Other Purchase Arrangement 64,874 64,874 63,168 54,139
Negotiated Formula 985 985 510 3,746
Pack. Sold (all purchase types) 33,092 33,092 28,743 30,420
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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 1,337
Lowest Base Price 85.00
Highest Base Price 97.00
Weighted Average Price 91.47 93.29 93.29
Change from Previous Day -1.95 -.55 -.14
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,337
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,556 10,880 15,744 2,812
Lowest Base Price 70.00 71.99
Highest Base Price 99.05 98.73
Weighted Average Price 81.09 83.79
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 147,548 83,571 97,311 46,509
Lowest Base Price 80.09 84.35 84.35 80.09
Highest Base Price 100.20 99.95 99.95 100.20
Weighted Average Price 94.11 93.85 93.84 94.36
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 66,144 37,960 42,416 21,292
Lowest Base Price 78.91 78.91 78.91 82.15
Highest Base Price 105.21 101.84 103.70 105.21
Weighted Average Price 92.07 91.37 91.94 91.84
Change from Previous Day
Negotiated (live basis)
Head Count 745
Lowest Base Price 59.75
Highest Base Price 73.95
Weighted Average Price 70.09
Change from Previous Day -.30
Negotiated Formula (live basis)
Head Count 985
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,730
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# -25.00 -13.00 175# -9.25 .00 205# .00 1.85
155# -13.88 -5.00 185# -1.50 .00 215# -8.00 1.85
165# -9.25 .00 195# .00 .00 225# -30.00 .93
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.61
Price Range $92.50 - $104.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
California 360 Canada 5,707
Iowa 88,080 Illinois 19,583
Indiana 14,366 Kansas 992
Kentucky 700 Michigan 7,167
Minnesota 46,179 Missouri 4,134
Montana 210 North Carolina 6,879
North Dakota 255 Nebraska 15,007
New York 160 Ohio 22,634
Oklahoma 1,574 Pennsylvania 5,440
South Dakota 5,819 Texas 100
Wisconsin 635
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