USDA National Daily Direct Hog Prior Day Report 10/09 07:50
10/09/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 10/09 07:50
LM_HG218
Des Moines, IA Thu, Oct 09, 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 6,092 5,272 3,017
Other Market Formula 19,784 19,014 36,477
Swine/Pork Market Formula 123,376 131,589 129,515
Other Purchase Arrangement 61,039 55,357 60,703
Negotiated Formula 515 1,059 1,503
Pack. Sold (all purchase types) 29,576 32,281 33,295
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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 5,033 16,334 118,449 58,099 350 198,265
Base Price 98.88 97.78 95.23 96.54
Packer Sold
Head Count 29,475
Base Price 97.78
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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 5,033
Lowest Base Price 94.00
Highest Base Price 101.00
Weighted Average Price 98.88 98.91 98.92
Negotiated Formula (carcass basis)
Head Count 350
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,383
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 19,499 12,012 16,450 3,049
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 140,652 83,583 98,523 37,432
Lowest Base Price 86.04 87.49 86.04 90.15
Highest Base Price 105.02 103.59 103.59 105.02
Weighted Average Price 97.79 97.68 97.57 97.90
Other Purchase Arrangement (carcass basis)
Head Count 62,544 38,856 42,129 19,288
Lowest Base Price 75.41 79.47 79.47 75.41
Highest Base Price 105.74 105.42 105.42 105.74
Weighted Average Price 95.38 95.95 96.15 93.39
Negotiated (live basis)
Head Count 991
Lowest Base Price 64.00
Highest Base Price 77.85
Weighted Average Price 71.11 70.37
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,156
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# -32.00 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -8.00 4.00
165# -25.00 .00 195# -.50 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog215.91 lb carcass .63 inch back-fat
7.85 square inch loin 2.61 inch loin depth FFLI: 53.53
Price Range $99.00 - $103.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,771 Iowa 90,986
Illinois 16,513 Indiana 13,875
Kansas 905 Kentucky 1,987
Michigan 6,345 Minnesota 49,056
Missouri 4,617 North Carolina 6,466
North Dakota 175 Nebraska 14,978
Ohio 17,534 Oklahoma 1,526
Pennsylvania 4,278 South Dakota 6,063
Wisconsin 645
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