USDA National Daily Direct Hog Prior Day Report 10/03 08:55
10/03/2025 | 8:55 am CDT USDA National Daily Direct Hog Prior Day Report 10/03 08:55
LM_HG218
Des Moines, IA Fri, Oct 03, 2025
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 6,981 3,911 2,093
Other Market Formula 23,291 32,490 61,837
Swine/Pork Market Formula 93,793 131,261 127,810
Other Purchase Arrangement 170,448 54,506 48,021
Negotiated Formula 1,093 143 2,014
Pack. Sold (all purchase types) 20,331 29,489 32,349
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 5,847 20,831 89,258 169,529 160 285,625
Base Price 98.43 93.38 100.08 84.21 90.14
Packer Sold
Head Count 20,331
Base Price 99.42
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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 5,847
Lowest Base Price 96.00
Highest Base Price 102.50
Weighted Average Price 98.43 98.39 98.39
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 6,007
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 23,801 12,983 16,303 7,498
Lowest Base Price 76.87
Highest Base Price 105.30
Weighted Average Price 94.07
Swine/Pork Market Formula (carcass basis)
Head Count 102,072 57,091 66,682 31,573
Lowest Base Price 92.40 92.40 92.40 92.40
Highest Base Price 107.26 106.35 106.35 107.26
Weighted Average Price 100.09 99.69 99.69 100.36
Other Purchase Arrangement (carcass basis)
Head Count 174,076 150,353 153,509 18,929
Lowest Base Price 80.26 80.26 80.26 85.06
Highest Base Price 110.76 105.10 110.76 100.70
Weighted Average Price 84.56 82.70 83.12 94.56
Negotiated (live basis)
Head Count 964
Lowest Base Price 70.25
Highest Base Price 79.20
Weighted Average Price 77.17
Negotiated Formula (live basis)
Head Count 933
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,897
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -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 Hog214.39 lb carcass .63 inch back-fat
7.88 square inch loin 2.62 inch loin depth FFLI: 53.57
Price Range $100.00 - $105.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,260 Georgia 13
Iowa 204,797 Illinois 13,380
Indiana 15,088 Kansas 1,175
Kentucky 1,622 Michigan 8,103
Minnesota 22,535 Missouri 1,296
Montana 427 Nebraska 8,571
New York 100 Ohio 20,517
Oklahoma 1,428 Pennsylvania 5,609
South Dakota 5,766 Wisconsin 250
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