USDA National Daily Direct Morning Hog Report 10/07 10:45
10/07/2025 | 10:45 am CDT USDA National Daily Direct Morning Hog Report 10/07 10:45
LSDLM_HG216
Des Moines, IA Tue, Oct 07, 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 2,661 1,411 9,458 1,273
Other Market Formula 17,663 17,323 20,723 27,133
Swine/Pork Market Formula 97,335 83,369 80,823 84,306
Other Purchase Arrangement 57,176 54,418 51,256 49,462
Negotiated Formula 330 330 350 1,438
Pack. Sold (all purchase types) 22,809 22,809 25,566 25,096
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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 1,165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,228 11,420 16,700 1,528
Lowest Base Price 76.90 97.33
Highest Base Price 100.23 100.23
Weighted Average Price 93.74 98.84
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 94,695 51,374 61,882 29,221
Lowest Base Price 88.64 90.97 88.64 91.11
Highest Base Price 105.49 104.59 104.59 105.49
Weighted Average Price 99.16 98.61 98.40 100.14
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 53,850 35,240 37,218 15,673
Lowest Base Price 79.47 79.47 79.47 84.60
Highest Base Price 106.49 106.49 106.49 100.45
Weighted Average Price 96.77 97.09 97.16 95.48
Change from Previous Day
Negotiated (live basis)
Head Count 194
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 524
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,798 Iowa 61,676
Illinois 18,168 Indiana 4,370
Kansas 1,688 Kentucky 1,750
Maryland 161 Michigan 5,100
Minnesota 38,119 Missouri 2,448
Montana 229 North Carolina 6,936
Nebraska 14,096 Ohio 13,086
Oklahoma 1,512 Pennsylvania 4,192
South Dakota 2,126 Wisconsin 205
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