USDA National Daily Direct Hog Prior Day Report 10/31 07:55
10/31/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 10/31 07:55
LM_HG218
Des Moines, IA Fri, Oct 31, 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 2,879 3,042 2,209
Other Market Formula 27,793 25,540 40,040
Swine/Pork Market Formula 132,417 127,934 136,447
Other Purchase Arrangement 54,596 52,950 53,699
Negotiated Formula 1,424 483 2,009
Pack. Sold (all purchase types) 31,208 30,154 32,488
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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 1,895 25,395 127,130 50,893 205,313
Base Price 84.74 81.25 89.59 89.64 88.53
Packer Sold
Head Count 31,028
Base Price 88.02
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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 1,895
Lowest Base Price 82.00
Highest Base Price 87.00
Weighted Average Price 84.74 84.12 84.71
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,895
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 28,845 16,998 20,968 7,877
Lowest Base Price 70.50 70.50 71.99
Highest Base Price 94.47 94.47 93.88
Weighted Average Price 81.24 81.05 81.93
Swine/Pork Market Formula (carcass basis)
Head Count 149,887 83,172 100,090 45,207
Lowest Base Price 82.11 82.11 82.11 84.24
Highest Base Price 94.86 93.70 93.70 94.86
Weighted Average Price 89.60 89.19 89.17 90.25
Other Purchase Arrangement (carcass basis)
Head Count 55,879 31,890 36,343 17,582
Lowest Base Price 70.65 70.65 70.65 80.33
Highest Base Price 99.27 98.16 98.67 99.27
Weighted Average Price 89.27 89.00 89.14 89.16
Negotiated (live basis)
Head Count 929
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 1,424
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,353
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 -14.62 175# -8.70 1.00 205# .00 3.00
155# -30.00 -5.00 185# .00 1.50 215# -8.00 3.00
165# -15.00 .00 195# .00 3.00 225# -30.00 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.78 lb carcass .59 inch back-fat
8.27 square inch loin 2.75 inch loin depth FFLI: 54.35
Price Range $86.70 - $89.95
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,156 Colorado 161
Iowa 90,529 Illinois 18,917
Indiana 17,499 Kansas 859
Kentucky 2,372 Michigan 8,268
Minnesota 43,705 Missouri 3,387
Montana 217 North Carolina 7,436
North Dakota 297 Nebraska 16,137
Ohio 16,296 Oklahoma 1,716
Pennsylvania 4,921 South Dakota 8,309
Tennessee 2,640 Wisconsin 495
Wyoming 165
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