USDA National Daily Direct Hog Prior Day Report 10/10 07:45
10/10/2025 | 7:45 am CDT USDA National Daily Direct Hog Prior Day Report 10/10 07:45
LM_HG218
Des Moines, IA Fri, Oct 10, 2025
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 4,570 6,981 1,148
Other Market Formula 21,246 23,291 23,370
Swine/Pork Market Formula 130,811 93,793 124,871
Other Purchase Arrangement 54,163 170,448 51,833
Negotiated Formula 606 1,093 2,413
Pack. Sold (all purchase types) 28,933 20,331 34,284
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 3,445 18,733 125,096 50,300 275 197,849
Base Price 94.42 91.59 96.63 95.03 95.71
Packer Sold
Head Count 28,826
Base Price 96.97
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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 3,445
Lowest Base Price 92.00
Highest Base Price 99.00
Weighted Average Price 94.42 94.34 94.55
Negotiated Formula (carcass basis)
Head Count 275
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,720
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 22,253 12,176 16,376 5,877
Lowest Base Price 76.89 78.32
Highest Base Price 101.71 98.88
Weighted Average Price 92.52 92.60
Swine/Pork Market Formula (carcass basis)
Head Count 146,592 84,747 99,039 43,141
Lowest Base Price 86.04 87.21 86.04 88.32
Highest Base Price 104.42 103.37 103.37 104.42
Weighted Average Price 96.68 96.45 96.43 96.90
Other Purchase Arrangement (carcass basis)
Head Count 54,110 30,202 35,200 16,488
Lowest Base Price 71.96 71.96 71.96 82.99
Highest Base Price 107.20 104.01 107.20 100.53
Weighted Average Price 95.13 95.51 96.07 92.28
Negotiated (live basis)
Head Count 1,093
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 331
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,424
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -14.62 175# -9.90 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.00 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.22 lb carcass .63 inch back-fat
7.88 square inch loin 2.62 inch loin depth FFLI: 53.55
Price Range $98.50 - $101.34
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,079 Colorado 160
Georgia 1 Iowa 85,531
Illinois 19,683 Indiana 14,234
Kansas 1,350 Kentucky 2,358
Michigan 7,122 Minnesota 45,931
Missouri 3,361 Montana 204
North Carolina 6,610 North Dakota 170
Nebraska 15,687 New York 159
Ohio 16,640 Oklahoma 1,732
Pennsylvania 4,549 South Dakota 6,862
Tennessee 1,411 Wisconsin 495
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