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USDA National Daily Direct Morning Hog Report 10/06 10:45

USDA National Daily Direct Morning Hog Report 10/06 10:45

LSDLM_HG216
Des Moines, IA                             Mon, Oct 06, 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                                  3,600     2,350     4,247       992
 Other Market Formula                       26,696    26,356    31,050    37,515
 Swine/Pork Market Formula                 130,427   117,825   102,336   128,268
 Other Purchase Arrangement                 81,078    77,993    72,273   125,450
 Negotiated Formula                          1,878     1,878               4,064
Pack. Sold (all purchase types)             35,905    35,905    29,245    41,416
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                          1,621                                    
   Lowest Base Price                   90.00                                    
   Highest Base Price                  99.00                                    
   Weighted Average Price              96.55       96.51       96.51            
   Change from Previous Day            -2.19       -2.38       -2.38            
Negotiated Formula (carcass basis)
   Head Count                             60                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,681                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         26,789      17,845      23,840       2,949
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        135,239      81,436      95,256      36,783
   Lowest Base Price                   90.17       90.17       90.17       91.11
   Highest Base Price                 106.35      105.70      105.70      106.35
   Weighted Average Price              99.59       99.26       99.05      100.62
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         80,089      51,187      54,143      25,472
   Lowest Base Price                   71.96       71.96       71.96       75.41
   Highest Base Price                 106.87      106.87      106.87      105.74
   Weighted Average Price              96.27       97.83       97.94       92.59
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            729                                    
   Lowest Base Price                   66.25                                    
   Highest Base Price                  77.00                                    
   Weighted Average Price              74.13                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                          1,818                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,547                                    
   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 -14.62         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#     .00   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 Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.55       
 
Price Range $97.50  - $103.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,405          Iowa                 94,024
Illinois             18,067          Indiana              14,016
Kansas                2,006          Kentucky              2,926
Michigan              5,220          Minnesota            58,929
Missouri              3,757          Montana                 439
North Carolina       13,737          North Dakota            175
Nebraska             16,506          New York                 64
Ohio                 17,340          Oklahoma                948
Pennsylvania          5,664          South Dakota          3,445
Wisconsin               639          
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