USDA Daily Slaughter Swine 11/12 10:00

LM_HG201
Des Moines, IA                             Wed, Nov 12, 2025

NATIONAL DAILY DIRECT PRIOR DAY SLAUGHTERED SWINE 
Slaughter Data for Tuesday, November 11, 2025

Barrows and Gilts (Live and Carcass Basis): 452,741
                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                (FUT/OPT)** FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT               5,943    26,501   126,463    75,866        40   234,813
CARCASS BASE PRICE       84.87     81.54     87.99     86.28               86.70
AVERAGE NET PRICE        86.97     83.78     89.27     88.08               88.25
LOWEST NET LOT           73.29     69.85     72.45     74.84               72.42
HIGHEST NET LOT          93.32     97.44     95.13    109.09               99.57
AVERAGE LIVE WT         300.21    290.02    290.42    289.80              290.36
AVERAGE CARCASS WT      220.86    217.34    217.76    217.43              217.66
AVERAGE SORT LOSS        -1.23     -1.99     -1.75     -1.91               -1.83
AVERAGE BACKFAT            .62       .65       .64       .68                 .66
AVG LOIN DEPTH (LD)       2.67      2.67      2.66      2.62                2.65
LEA (LD Converted)        8.03      8.03      8.00      7.88                7.96
AVERAGE LEAN PERCENT     55.38     55.76     56.01     55.86               55.91
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       35,629
CARCASS BASE PRICE                86.32
AVERAGE NET PRICE                 87.63
AVERAGE OF LOWEST NET LOTS        80.91
AVERAGE OF HIGHEST NET LOTS       89.87
AVERAGE LIVE WT                  293.45
AVERAGE CARCASS WT               220.11
AVERAGE SORT LOSS                 -1.96
AVERAGE BACKFAT                     .60
AVERAGE LOIN DEPTH (LD)            2.78
LOINEYE AREA (LD Converted)        8.36
AVERAGE LEAN PERCENT              56.65
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      182,299
AVERAGE LIVE WT                  285.24
AVERAGE CARCASS WT               214.63
AVERAGE BACKFAT                     .68
AVERAGE LOIN DEPTH (LD)            2.53
LOINEYE AREA (LD Converted)        7.62
AVERAGE LEAN PERCENT              54.87
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.61 lbs carcass;  BF .66;  LD 2.62;  LEA 7.87;  FFLI 53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $86.64
                    Wtd Avg Net Price        $88.17
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 12,2025                     469,421
   November 13,2025                     414,300
   November 14,2025                     383,267
   November 15,2025                     225,020
   November 16,2025                      28,427
   November 17,2025                     182,300
   November 18,2025                     187,149
   November 19,2025                     188,310
   November 20,2025                     186,587
   November 21,2025                     166,961
   November 22,2025                      51,081
   November 23,2025                      17,344
   November 24,2025                      70,491
   November 25,2025                      77,087
--------------------------------------------------------------------------------
                   NEGOTIATED  NEGOTIATED   COMBINED
                                  FORMULA
Producer Sold:

HEAD COUNT               5,943        40     5,983
CARCASS BASE PRICE       84.87               84.87
AVERAGE NET PRICE        86.97               86.97
LOWEST NET LOT           73.29               73.29
HIGHEST NET LOT          93.32               93.32
AVERAGE LIVE WT         300.21              300.21
AVERAGE CARCASS WT      220.86              220.86
AVERAGE SORT LOSS        -1.23               -1.23
AVERAGE BACKFAT            .62                 .62
AVG LOIN DEPTH (LD)       2.67                2.67
LEA (LD Converted)        8.03                8.03
AVERAGE LEAN PERCENT     55.38               55.38
(Packer Buying Programs)
--------------------------------------------------------------------------------

[0600059D]