USDA National Daily Direct Hog Prior Day Report 10/17 07:45
10/17/2025 | 7:45 am CDT USDA National Daily Direct Hog Prior Day Report 10/17 07:45
LM_HG218
Des Moines, IA Fri, Oct 17, 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 1,853 4,570 1,124
Other Market Formula 18,607 21,246 24,564
Swine/Pork Market Formula 129,383 130,811 134,768
Other Purchase Arrangement 61,023 54,163 47,344
Negotiated Formula 1,303 606 4,095
Pack. Sold (all purchase types) 29,290 28,933 33,388
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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 609 16,489 124,942 56,612 160 198,812
Base Price 89.09 80.39 93.76 91.70 92.05
Packer Sold
Head Count 29,189
Base Price 92.60
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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 609
Lowest Base Price 85.00
Highest Base Price 97.00
Weighted Average Price 89.09 90.01 90.01
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 769
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 19,408 12,192 16,881 2,527
Lowest Base Price 69.37 69.37 71.99
Highest Base Price 99.05 99.05 96.90
Weighted Average Price 80.82 80.83 84.66
Swine/Pork Market Formula (carcass basis)
Head Count 146,544 84,392 97,834 45,189
Lowest Base Price 80.09 84.35 84.35 80.09
Highest Base Price 100.20 99.20 99.20 100.20
Weighted Average Price 93.78 93.70 93.61 93.82
Other Purchase Arrangement (carcass basis)
Head Count 61,444 37,153 40,990 18,018
Lowest Base Price 79.50 79.50 79.50 82.15
Highest Base Price 103.70 101.48 103.70 100.05
Weighted Average Price 91.77 90.99 91.55 91.64
Negotiated (live basis)
Head Count 1,165
Lowest Base Price 60.25
Highest Base Price 73.95
Weighted Average Price 68.62
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 2,308
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# -25.00 -14.62 175# -9.25 .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 Hog216.33 lb carcass .64 inch back-fat
7.94 square inch loin 2.64 inch loin depth FFLI: 53.44
Price Range $92.50 - $104.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 360 Canada 6,193
Colorado 161 Iowa 88,046
Illinois 19,894 Indiana 15,840
Kansas 1,327 Kentucky 1,412
Michigan 5,955 Minnesota 47,305
Missouri 2,907 Montana 210
North Carolina 6,648 North Dakota 512
Nebraska 14,626 Ohio 17,790
Oklahoma 948 Pennsylvania 4,681
South Dakota 5,744 Texas 100
Wisconsin 964
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