USDA Daily Slaughter Swine 11/21 10:00

LM_HG201
Des Moines, IA                             Fri, Nov 21, 2025

NATIONAL DAILY DIRECT PRIOR DAY SLAUGHTERED SWINE 
Slaughter Data for Thursday, November 20, 2025

Barrows and Gilts (Live and Carcass Basis): 467,494
                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                (FUT/OPT)** FORMULA
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Producer Sold:

HEAD COUNT               3,446    29,301   127,158    80,912       823   241,640
CARCASS BASE PRICE       82.27     78.62     83.24     82.78               82.53
AVERAGE NET PRICE        83.24     81.23     84.31     84.44               83.99
LOWEST NET LOT           67.20     66.22     68.88     71.96               69.80
HIGHEST NET LOT          89.68     94.91     91.95    109.87               97.44
AVERAGE LIVE WT         292.82    290.92    292.68    295.01              293.18
AVERAGE CARCASS WT      213.74    217.77    219.31    219.78              219.24
AVERAGE SORT LOSS        -2.26     -2.20     -1.84     -2.13               -2.00
AVERAGE BACKFAT            .59       .63       .64       .68                 .65
AVG LOIN DEPTH (LD)       2.77      2.70      2.69      2.68                2.69
LEA (LD Converted)        8.34      8.12      8.10      8.06                8.09
AVERAGE LEAN PERCENT     56.31     56.11     56.09     55.92               56.03
(Packer Buying Programs)
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Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       36,868
CARCASS BASE PRICE                82.41
AVERAGE NET PRICE                 83.98
AVERAGE OF LOWEST NET LOTS        79.27
AVERAGE OF HIGHEST NET LOTS       87.41
AVERAGE LIVE WT                  296.21
AVERAGE CARCASS WT               220.64
AVERAGE SORT LOSS                 -1.97
AVERAGE BACKFAT                     .58
AVERAGE LOIN DEPTH (LD)            2.79
LOINEYE AREA (LD Converted)        8.40
AVERAGE LEAN PERCENT              56.82
(Packer Buying Programs)
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Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      188,986
AVERAGE LIVE WT                  289.01
AVERAGE CARCASS WT               217.65
AVERAGE BACKFAT                     .69
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.82
AVERAGE LEAN PERCENT              55.02
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                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
218.70 lbs carcass;  BF .66;  LD 2.67;  LEA 8.02;  FFLI 53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $82.51
                    Wtd Avg Net Price        $83.99
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 21,2025                     416,681
   November 22,2025                     115,323
   November 23,2025                      50,246
   November 24,2025                     369,161
   November 25,2025                     365,267
   November 26,2025                     333,068
   November 27,2025                      16,082
   November 28,2025                     327,715
   November 29,2025                     262,882
   November 30,2025                      19,799
   December 01,2025                      91,913
   December 02,2025                     102,136
   December 03,2025                     102,314
   December 04,2025                      99,457
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                   NEGOTIATED  NEGOTIATED   COMBINED
                                  FORMULA
Producer Sold:

HEAD COUNT               3,446       823     4,269
CARCASS BASE PRICE       82.27               82.27
AVERAGE NET PRICE        83.24               83.24
LOWEST NET LOT           67.20               67.20
HIGHEST NET LOT          89.68               89.68
AVERAGE LIVE WT         292.82              292.82
AVERAGE CARCASS WT      213.74              213.74
AVERAGE SORT LOSS        -2.26               -2.26
AVERAGE BACKFAT            .59                 .59
AVG LOIN DEPTH (LD)       2.77                2.77
LEA (LD Converted)        8.34                8.34
AVERAGE LEAN PERCENT     56.31               56.31
(Packer Buying Programs)
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[0600059D]