USDA National Daily Direct Morning Hog Report 10/02 10:55
10/02/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 10/02 10:55
LSDLM_HG216
Des Moines, IA Thu, Oct 02, 2025
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 3,754 2,504 6,103 1,038
Other Market Formula 22,033 21,445 18,737 55,436
Swine/Pork Market Formula 99,528 87,771 89,716 83,660
Other Purchase Arrangement 182,161 178,422 56,195 50,920
Negotiated Formula 1,055 1,055 633 1,942
Pack. Sold (all purchase types) 25,683 25,683 23,402 24,260
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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 1,850
Lowest Base Price 96.00
Highest Base Price 102.50
Weighted Average Price 99.77 99.61 99.85
Change from Previous Day -.18 -.43 -.19
Negotiated Formula (carcass basis)
Head Count 100
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,950
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,310 11,481 15,733 6,577
Lowest Base Price 76.89 76.89 87.35
Highest Base Price 105.78 105.78 103.20
Weighted Average Price 95.21 93.26 97.41
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 101,693 57,899 68,548 30,161
Lowest Base Price 92.40 92.40 92.40 92.40
Highest Base Price 107.38 106.73 106.73 107.38
Weighted Average Price 100.89 100.69 100.56 101.18
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 179,602 159,444 161,669 16,785
Lowest Base Price 79.41 79.41 79.41 85.06
Highest Base Price 109.01 109.01 109.01 102.01
Weighted Average Price 85.32 83.86 84.09 95.93
Change from Previous Day
Negotiated (live basis)
Head Count 514
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 955
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,469
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -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 Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.72
Price Range $100.00 - $105.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,164 Colorado 160
Iowa 190,763 Illinois 15,411
Indiana 4,793 Kansas 1,200
Kentucky 1,270 Michigan 5,626
Minnesota 40,258 Missouri 3,518
Montana 427 North Carolina 6,363
Nebraska 11,966 New York 160
Ohio 21,346 Oklahoma 1,383
Pennsylvania 4,134 South Carolina 270
South Dakota 3,418 Wisconsin 250
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