USDA National Daily Direct Afternoon Hog Report 10/10 14:40
10/10/2025 | 2:40 pm CDT USDA National Daily Direct Afternoon Hog Report 10/10 14:40
LSDLM_HG217
Des Moines, IA Fri, Oct 10, 2025
DAILY DIRECT AFTERNOON 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 4,649 4,649 3,070 2,862
Other Market Formula 22,558 22,558 19,962 32,486
Swine/Pork Market Formula 143,559 143,559 140,316 143,498
Other Purchase Arrangement 65,592 65,592 66,498 55,475
Negotiated Formula 815 815 965 2,588
Pack. Sold (all purchase types) 28,912 28,912 25,478 30,663
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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 5,043
Lowest Base Price 90.00
Highest Base Price 99.00
Weighted Average Price 96.40 96.43 96.42
Change from Previous Day .07 -.45
Negotiated Formula (carcass basis)
Head Count 650
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,693
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,955 13,225 17,462 5,493
Lowest Base Price 76.89 78.32
Highest Base Price 101.71 98.88
Weighted Average Price 92.57 93.32
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 159,296 90,741 104,451 50,382
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 96.38 96.26 96.14 96.47
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 65,489 34,058 38,196 25,493
Lowest Base Price 71.96 71.96 71.96 82.46
Highest Base Price 112.70 112.70 112.70 100.53
Weighted Average Price 93.99 95.24 95.59 91.31
Change from Previous Day
Negotiated (live basis)
Head Count 1,138
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 1,303
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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 - $101.34
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,904 Colorado 160
Iowa 97,147 Illinois 19,278
Indiana 19,894 Kansas 1,155
Kentucky 2,187 Michigan 9,810
Minnesota 47,100 Missouri 3,443
Montana 222 North Carolina 6,605
North Dakota 170 Nebraska 14,960
New York 160 Ohio 23,248
Oklahoma 1,732 Pennsylvania 5,555
South Dakota 5,535 Tennessee 1,485
Wisconsin 335
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