USDA National Daily Direct Hog Prior Day Report 10/14 07:50
10/14/2025 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 10/14 07:50
LM_HG218
Des Moines, IA Tue, Oct 14, 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 4,235 9,384 2,332
Other Market Formula 23,677 17,960 32,506
Swine/Pork Market Formula 125,435 126,141 127,020
Other Purchase Arrangement 60,261 60,274 59,052
Negotiated Formula 1,338 463 1,989
Pack. Sold (all purchase types) 31,614 30,691 37,235
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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 3,360 21,205 120,803 57,067 510 202,945
Base Price 92.77 91.93 95.53 94.25 94.75
Packer Sold
Head Count 31,551
Base Price 96.38
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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 3,360
Lowest Base Price 87.00
Highest Base Price 100.00
Weighted Average Price 92.77 92.92 92.92
Negotiated Formula (carcass basis)
Head Count 510
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,870
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 24,613 11,885 16,765 7,848
Lowest Base Price 76.90 78.81
Highest Base Price 99.17 98.25
Weighted Average Price 92.74 94.01
Swine/Pork Market Formula (carcass basis)
Head Count 143,762 83,778 98,319 41,052
Lowest Base Price 84.89 87.48 87.48 84.89
Highest Base Price 103.08 101.43 101.43 103.08
Weighted Average Price 95.62 95.16 95.11 96.37
Other Purchase Arrangement (carcass basis)
Head Count 62,582 41,008 44,133 17,969
Lowest Base Price 79.50 79.50 79.50 80.71
Highest Base Price 102.85 102.85 102.85 99.99
Weighted Average Price 94.46 94.83 95.06 92.83
Negotiated (live basis)
Head Count 856
Lowest Base Price 67.25
Highest Base Price 75.80
Weighted Average Price 73.05
Negotiated Formula (live basis)
Head Count 828
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,684
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# -9.40 1.00 205# .00 4.00
155# -30.00 -10.00 185# .00 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog217.00 lb carcass .62 inch back-fat
8.06 square inch loin 2.68 inch loin depth FFLI: 53.79
Price Range $94.50 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 370 Canada 3,955
Iowa 93,316 Illinois 18,619
Indiana 15,661 Kansas 1,524
Kentucky 1,318 Maryland 160
Michigan 9,680 Minnesota 47,479
Missouri 3,906 Montana 450
North Carolina 6,717 North Dakota 170
Nebraska 14,252 Ohio 13,126
Oklahoma 1,364 Pennsylvania 4,150
South Dakota 6,219 Tennessee 4,125
Texas 34 Wisconsin 296
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