USDA National Daily Direct Hog Prior Day Report 10/15 08:05
10/15/2025 | 8:05 am CDT USDA National Daily Direct Hog Prior Day Report 10/15 08:05
LM_HG218
Des Moines, IA Wed, Oct 15, 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 9,618 8,889 8,851
Other Market Formula 24,607 20,126 32,164
Swine/Pork Market Formula 132,229 125,730 133,946
Other Purchase Arrangement 58,693 60,499 54,089
Negotiated Formula 1,403 525 1,996
Pack. Sold (all purchase types) 35,846 30,858 34,024
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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 7,040 20,794 127,397 52,689 260 208,180
Base Price 93.89 93.31 95.07 93.48 94.45
Packer Sold
Head Count 35,740
Base Price 95.04
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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 12,160
Lowest Base Price 86.00
Highest Base Price 98.00
Weighted Average Price 93.46 93.26 92.88
Negotiated Formula (carcass basis)
Head Count 260
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 12,420
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 23,878 11,844 16,264 7,614
Lowest Base Price 76.89 78.81
Highest Base Price 99.05 98.93
Weighted Average Price 93.88 96.83
Swine/Pork Market Formula (carcass basis)
Head Count 149,729 83,045 100,997 42,919
Lowest Base Price 85.28 87.02 87.02 85.28
Highest Base Price 101.57 100.54 100.54 101.57
Weighted Average Price 95.08 94.66 94.63 95.62
Other Purchase Arrangement (carcass basis)
Head Count 58,219 37,020 39,818 18,401
Lowest Base Price 79.50 79.50 79.50 85.29
Highest Base Price 102.52 102.52 102.52 99.24
Weighted Average Price 93.64 93.71 94.04 92.78
Negotiated (live basis)
Head Count 2,573
Lowest Base Price 64.25
Highest Base Price 73.65
Weighted Average Price 70.96 70.63 70.63
Negotiated Formula (live basis)
Head Count 1,143
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 3,716
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# -9.20 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .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 Hog217.25 lb carcass .63 inch back-fat
8.06 square inch loin 2.68 inch loin depth FFLI: 53.64
Price Range $92.00 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 420 Canada 5,127
Iowa 90,255 Illinois 22,143
Indiana 18,065 Kansas 1,705
Kentucky 1,360 Michigan 8,143
Minnesota 54,349 Missouri 3,392
Montana 443 North Carolina 6,541
North Dakota 455 Nebraska 16,166
New York 316 Ohio 15,871
Oklahoma 1,414 Pennsylvania 4,030
South Carolina 150 South Dakota 7,892
Tennessee 3,795 Texas 80
Wisconsin 610
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