USDA National Daily Direct Afternoon Hog Report 10/31 14:55
10/31/2025 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 10/31 14:55
LSDLM_HG217
Des Moines, IA Fri, Oct 31, 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 1,358 1,358 2,918 1,846
Other Market Formula 28,151 28,151 19,698 57,849
Swine/Pork Market Formula 147,129 147,129 132,227 159,321
Other Purchase Arrangement 65,139 65,139 65,035 58,949
Negotiated Formula 1,301 1,301 330 1,956
Pack. Sold (all purchase types) 32,698 32,698 30,990 38,725
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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 401
Lowest Base Price 80.00
Highest Base Price 86.00
Weighted Average Price 84.17 84.19
Change from Previous Day -.57 -.52
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 401
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 29,185 16,552 22,288 6,897
Lowest Base Price 70.50 70.50
Highest Base Price 93.88 92.78
Weighted Average Price 80.07 79.67
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 166,581 95,413 109,174 53,272
Lowest Base Price 82.11 82.11 82.11 83.48
Highest Base Price 94.53 93.70 93.70 94.53
Weighted Average Price 89.54 89.14 89.17 90.08
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 66,547 35,432 39,375 25,065
Lowest Base Price 72.41 72.41 72.41 80.58
Highest Base Price 103.86 103.86 103.86 99.27
Weighted Average Price 88.81 88.97 88.99 88.26
Change from Previous Day
Negotiated (live basis)
Head Count 827
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 1,301
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,128
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 -14.62 175# -8.60 .00 205# .00 4.00
155# -25.00 -5.00 185# .00 .00 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 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: 54.35
Price Range $87.50 - $89.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,879 Colorado 161
Iowa 103,764 Illinois 19,614
Indiana 21,959 Kansas 514
Kentucky 2,530 Michigan 10,560
Minnesota 44,316 Missouri 3,186
Montana 219 North Carolina 7,457
North Dakota 493 Nebraska 15,313
Ohio 22,452 Oklahoma 1,672
Pennsylvania 5,256 South Dakota 7,189
Tennessee 2,640 Texas 102
Wisconsin 335 Wyoming 165
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