USDA National Daily Direct Afternoon Hog Report 10/29 15:00
10/29/2025 | 3:00 pm CDT USDA National Daily Direct Afternoon Hog Report 10/29 15:00
LSDLM_HG217
Des Moines, IA Wed, Oct 29, 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 4,403 4,403 11,711 8,490
Other Market Formula 23,546 23,546 19,037 59,464
Swine/Pork Market Formula 135,732 135,732 135,008 135,247
Other Purchase Arrangement 57,493 57,493 74,185 64,893
Negotiated Formula 1,281 1,281 1,177 2,461
Pack. Sold (all purchase types) 36,554 36,554 32,906 33,944
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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 3,385
Lowest Base Price 82.00
Highest Base Price 90.00
Weighted Average Price 85.53 86.66 85.91
Change from Previous Day -2.50 -1.47 -2.14
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 3,385
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,161 10,189 14,963 9,198
Lowest Base Price 69.25 70.37 71.99
Highest Base Price 97.65 94.80 97.65
Weighted Average Price 81.40 80.39 83.16
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 158,782 90,477 108,538 45,891
Lowest Base Price 82.45 82.45 82.45 82.45
Highest Base Price 95.03 94.27 94.27 95.03
Weighted Average Price 90.02 89.56 89.56 90.83
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,467 36,795 39,905 19,928
Lowest Base Price 70.10 70.10 70.10 80.32
Highest Base Price 104.68 98.89 98.89 104.68
Weighted Average Price 89.39 89.04 88.94 89.98
Change from Previous Day
Negotiated (live basis)
Head Count 671
Lowest Base Price 59.00
Highest Base Price 69.85
Weighted Average Price 68.13
Change from Previous Day 4.16
Negotiated Formula (live basis)
Head Count 1,281
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,952
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# -9.00 -1.35 205# .00 4.00
155# -25.00 -9.00 185# -1.50 .00 215# .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 Hog0 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.03
Price Range $87.00 - $91.80
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
California 170 Canada 5,607
Iowa 95,147 Illinois 17,533
Indiana 15,184 Kansas 2,165
Kentucky 3,223 Michigan 9,715
Minnesota 45,641 Missouri 3,700
North Carolina 7,332 North Dakota 557
Nebraska 16,522 New York 160
Ohio 20,642 Oklahoma 1,703
Pennsylvania 4,893 South Dakota 6,783
Tennessee 1,485 Texas 23
Wisconsin 824
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