USDA National Daily Direct Morning Hog Report 10/30 10:55
10/30/2025 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 10/30 10:55
LSDLM_HG216
Des Moines, IA Thu, Oct 30, 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 2,329 1,079 1,649 1,097
Other Market Formula 18,217 17,877 17,871 28,098
Swine/Pork Market Formula 101,905 87,737 87,295 89,018
Other Purchase Arrangement 57,160 54,235 48,985 50,237
Negotiated Formula 984 984 630 1,197
Pack. Sold (all purchase types) 23,756 23,756 23,148 25,436
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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
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 190
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 190
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,938 9,405 13,505 5,433
Lowest Base Price 69.25 75.40
Highest Base Price 96.19 96.19
Weighted Average Price 80.56 83.45
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 102,075 53,205 65,244 32,531
Lowest Base Price 82.11 82.11 82.11 84.61
Highest Base Price 94.86 93.87 93.87 94.86
Weighted Average Price 90.20 89.90 89.74 90.73
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 53,794 31,913 33,683 19,137
Lowest Base Price 77.97 77.97 77.97 80.32
Highest Base Price 104.68 98.39 98.39 104.68
Weighted Average Price 89.75 89.27 89.24 90.54
Change from Previous Day
Negotiated (live basis)
Head Count 925
Lowest Base Price 56.25
Highest Base Price 67.80
Weighted Average Price 65.22
Change from Previous Day -2.91
Negotiated Formula (live basis)
Head Count 794
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,719
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 5,042 Iowa 58,764
Illinois 13,841 Indiana 11,984
Kansas 1,526 Kentucky 2,485
Michigan 5,547 Minnesota 36,479
Missouri 2,956 Montana 217
North Carolina 7,380 North Dakota 159
Nebraska 12,475 Ohio 14,863
Oklahoma 1,576 Pennsylvania 4,594
South Dakota 3,572 Tennessee 1,815
Wisconsin 393
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