USDA National Daily Direct Morning Hog Report 10/09 10:40
10/09/2025 | 10:40 am CDT USDA National Daily Direct Morning Hog Report 10/09 10:40
LSDLM_HG216
Des Moines, IA Thu, Oct 09, 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 3,280 2,030 2,504 969
Other Market Formula 17,818 17,478 21,445 21,890
Swine/Pork Market Formula 96,497 81,023 87,771 84,246
Other Purchase Arrangement 54,339 50,754 178,422 52,079
Negotiated Formula 510 335 1,055 1,493
Pack. Sold (all purchase types) 20,093 20,093 25,683 31,576
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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 1,430
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 1,430
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,234 11,391 15,786 2,448
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 91,052 49,926 59,072 27,757
Lowest Base Price 86.04 88.32 86.04 88.32
Highest Base Price 104.07 103.59 103.59 104.07
Weighted Average Price 97.80 98.11 97.74 97.31
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 49,647 30,587 33,010 14,863
Lowest Base Price 79.47 79.47 79.47 82.99
Highest Base Price 105.74 105.42 105.42 105.74
Weighted Average Price 96.09 96.83 96.86 93.80
Change from Previous Day
Negotiated (live basis)
Head Count 600
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 335
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 935
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 4,999 Iowa 58,251
Illinois 14,534 Indiana 4,958
Kansas 905 Kentucky 1,957
Michigan 3,943 Minnesota 35,554
Missouri 4,449 Montana 205
North Carolina 6,466 North Dakota 175
Nebraska 11,728 Ohio 14,703
Oklahoma 1,526 Pennsylvania 4,585
South Dakota 2,130 Wisconsin 645
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