USDA National Daily Direct Afternoon Hog Report 10/27 07:30
10/27/2025 | 7:30 am CDT USDA National Daily Direct Afternoon Hog Report 10/27 07:30
LSDLM_HG217
Des Moines, IA Fri, Oct 24, 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 2,918 2,918 3,074 4,964
Other Market Formula 19,698 19,698 22,523 23,563
Swine/Pork Market Formula 132,227 132,227 139,570 149,911
Other Purchase Arrangement 65,035 65,035 71,193 53,960
Negotiated Formula 330 330 977 2,922
Pack. Sold (all purchase types) 30,990 30,990 29,959 36,208
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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 1,515
Lowest Base Price 78.00
Highest Base Price 88.50
Weighted Average Price 85.56 85.75 85.75
Change from Previous Day -.82 -.99
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 1,515
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 21,322 13,974 19,728 1,594
Lowest Base Price 71.60 71.60 76.40
Highest Base Price 97.57 96.40 97.57
Weighted Average Price 80.82 80.97 85.95
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 149,765 82,708 99,279 46,174
Lowest Base Price 81.78 82.96 81.78 84.21
Highest Base Price 96.83 96.18 96.18 96.83
Weighted Average Price 90.51 90.14 89.97 91.29
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 67,926 38,635 42,801 23,022
Lowest Base Price 70.50 70.50 70.50 80.58
Highest Base Price 106.18 106.18 106.18 100.14
Weighted Average Price 89.38 89.00 89.25 89.33
Change from Previous Day
Negotiated (live basis)
Head Count 1,232
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 1,562
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# -32.00 -14.62 175# -8.85 1.00 205# .00 4.00
155# -30.00 -11.82 185# -1.00 1.50 215# .00 4.00
165# -25.00 -3.37 195# -.50 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog8 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.46
Price Range $85.50 - $91.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,984 Colorado 160
Iowa 93,763 Illinois 17,886
Indiana 17,579 Kansas 1,845
Kentucky 340 Michigan 8,100
Minnesota 43,450 Missouri 3,272
Montana 223 North Carolina 7,631
North Dakota 170 Nebraska 17,684
Ohio 19,154 Oklahoma 1,585
Pennsylvania 4,820 South Dakota 6,845
Texas 57 Wisconsin 650
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