USDA National Daily Direct Hog Prior Day Report 11/06 08:05
11/06/2025 | 8:05 am CST USDA National Daily Direct Hog Prior Day Report 11/06 08:05
LM_HG218
Des Moines, IA Thu, Nov 06, 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 4,248 2,398 4,638
Other Market Formula 17,744 24,242 56,073
Swine/Pork Market Formula 131,233 129,139 130,744
Other Purchase Arrangement 62,423 58,473 58,718
Negotiated Formula 166 961 1,043
Pack. Sold (all purchase types) 31,181 32,809 31,870
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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 3,310 14,264 125,898 58,839 202,311
Base Price 85.70 79.21 88.60 87.75 87.64
Packer Sold
Head Count 31,083
Base Price 87.11
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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 3,310
Lowest Base Price 79.00
Highest Base Price 87.50
Weighted Average Price 85.70 86.59 85.83
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,310
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 17,629 9,571 14,474 3,155
Lowest Base Price 71.25 71.99
Highest Base Price 94.02 89.16
Weighted Average Price 79.60 80.07
Swine/Pork Market Formula (carcass basis)
Head Count 149,599 87,006 103,485 42,656
Lowest Base Price 81.52 81.52 81.52 83.67
Highest Base Price 93.61 93.60 93.60 93.61
Weighted Average Price 88.58 88.33 88.26 89.09
Other Purchase Arrangement (carcass basis)
Head Count 62,856 37,017 40,652 20,594
Lowest Base Price 76.41 76.41 76.41 79.17
Highest Base Price 102.93 99.94 99.94 102.93
Weighted Average Price 87.51 87.38 87.07 88.22
Negotiated (live basis)
Head Count 820
Lowest Base Price 53.75
Highest Base Price 67.55
Weighted Average Price 62.33 60.38
Negotiated Formula (live basis)
Head Count 166
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 986
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 -13.00 175# -8.75 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 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 Hog216.84 lb carcass .62 inch back-fat
8.24 square inch loin 2.74 inch loin depth FFLI: 53.90
Price Range $86.00 - $90.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,177 Iowa 88,136
Illinois 21,268 Indiana 13,390
Kansas 1,511 Kentucky 1,404
Michigan 7,627 Minnesota 48,774
Missouri 3,837 North Carolina 7,391
North Dakota 269 Nebraska 15,246
Ohio 17,925 Oklahoma 1,670
Pennsylvania 4,448 South Dakota 9,231
Texas 47 Wisconsin 644
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