USDA National Daily Direct Hog Prior Day Report 10/22 08:05
10/22/2025 | 8:05 am CDT USDA National Daily Direct Hog Prior Day Report 10/22 08:05
LM_HG218
Des Moines, IA Wed, Oct 22, 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 16,172 9,618 3,271
Other Market Formula 17,072 24,607 33,587
Swine/Pork Market Formula 126,215 132,229 136,391
Other Purchase Arrangement 62,627 58,693 61,559
Negotiated Formula 682 1,403 1,459
Pack. Sold (all purchase types) 36,488 35,846 36,087
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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 14,000 13,782 121,663 57,712 207,157
Base Price 88.57 80.70 92.21 90.32 90.67
Packer Sold
Head Count 36,365
Base Price 90.82
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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 19,115
Lowest Base Price 83.00
Highest Base Price 93.00
Weighted Average Price 89.10 89.13 89.10 89.13
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 19,115
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 17,028 10,523 14,484 2,544
Lowest Base Price 71.99 75.87 71.99
Highest Base Price 97.81 97.81 83.58
Weighted Average Price 81.25 81.25 79.52
Swine/Pork Market Formula (carcass basis)
Head Count 143,827 81,183 96,549 43,638
Lowest Base Price 78.56 85.62 83.96 78.56
Highest Base Price 98.23 97.58 97.58 98.23
Weighted Average Price 92.22 91.82 91.86 92.67
Other Purchase Arrangement (carcass basis)
Head Count 63,878 42,515 44,665 18,094
Lowest Base Price 79.52 79.52 79.52 83.08
Highest Base Price 105.21 100.13 100.13 105.21
Weighted Average Price 90.27 89.75 89.75 91.18
Negotiated (live basis)
Head Count 2,146
Lowest Base Price 62.50
Highest Base Price 71.00
Weighted Average Price 69.74 69.10 69.10
Negotiated Formula (live basis)
Head Count 640
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,786
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# -9.00 1.00 205# .00 4.00
155# -30.00 -9.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -3.37 195# -.50 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.79 lb carcass .64 inch back-fat
7.94 square inch loin 2.64 inch loin depth FFLI: 53.43
Price Range $87.00 - $94.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 40 Canada 4,936
Iowa 101,682 Illinois 20,427
Indiana 15,247 Kansas 1,196
Kentucky 698 Michigan 7,720
Minnesota 52,344 Missouri 2,265
Montana 227 North Carolina 7,008
North Dakota 294 Nebraska 14,333
New York 170 Ohio 16,886
Oklahoma 1,555 Pennsylvania 4,166
South Carolina 150 South Dakota 7,316
Wisconsin 922
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