USDA National Daily Direct Morning Hog Report 10/10 10:45
10/10/2025 | 10:45 am CDT USDA National Daily Direct Morning Hog Report 10/10 10:45
LSDLM_HG216
Des Moines, IA Fri, Oct 10, 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 3,659 2,409 2,458 738
Other Market Formula 20,020 19,680 17,786 26,398
Swine/Pork Market Formula 101,411 87,542 88,911 90,376
Other Purchase Arrangement 54,598 51,008 52,575 45,420
Negotiated Formula 600 425 790 1,763
Pack. Sold (all purchase types) 22,087 22,087 16,305 26,346
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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 3,173
Lowest Base Price 90.00
Highest Base Price 99.00
Weighted Average Price 96.91 97.00 97.00
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 260
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,433
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,077 11,327 15,564 4,513
Lowest Base Price 76.89 76.89 86.16
Highest Base Price 101.71 101.71 98.88
Weighted Average Price 93.18 90.94 96.12
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 98,574 57,377 66,102 28,325
Lowest Base Price 87.14 87.14 87.14 87.14
Highest Base Price 103.70 103.37 103.37 103.70
Weighted Average Price 96.22 96.03 95.86 96.32
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 49,060 28,027 30,475 17,435
Lowest Base Price 71.96 71.96 71.96 82.46
Highest Base Price 104.01 104.01 104.01 100.53
Weighted Average Price 94.36 95.30 95.37 92.40
Change from Previous Day
Negotiated (live basis)
Head Count 886
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,051
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# -25.00 -14.62 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# .00 .00 215# -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 - $101.34
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,938 Colorado 160
Iowa 63,878 Illinois 16,095
Indiana 6,200 Kansas 1,020
Kentucky 2,187 Michigan 5,680
Minnesota 36,825 Missouri 3,090
Montana 222 North Carolina 6,605
North Dakota 170 Nebraska 13,014
New York 160 Ohio 13,296
Oklahoma 1,732 Pennsylvania 4,854
South Dakota 1,205 Tennessee 1,485
Wisconsin 335
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