USDA National Daily Direct Hog Prior Day Report 11/07 07:50
11/07/2025 | 7:59 am CST USDA National Daily Direct Hog Prior Day Report 11/07 07:50
LM_HG218
Des Moines, IA Fri, Nov 07, 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 2,951 2,879 2,647
Other Market Formula 18,582 27,793 76,949
Swine/Pork Market Formula 125,468 132,417 134,684
Other Purchase Arrangement 56,256 54,596 49,965
Negotiated Formula 270 1,424 1,326
Pack. Sold (all purchase types) 29,638 31,208 32,877
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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 1,492 15,397 121,939 51,806 270 190,904
Base Price 84.45 79.03 87.92 87.74 87.12
Packer Sold
Head Count 29,443
Base Price 86.68
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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 1,492
Lowest Base Price 78.00
Highest Base Price 86.00
Weighted Average Price 84.45 84.71 84.49
Negotiated Formula (carcass basis)
Head Count 270
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,762
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,767 11,855 16,361 2,406
Lowest Base Price 71.25 71.97
Highest Base Price 97.75 97.75
Weighted Average Price 79.08 80.56
Swine/Pork Market Formula (carcass basis)
Head Count 144,195 81,598 94,808 45,062
Lowest Base Price 81.93 81.93 81.93 82.04
Highest Base Price 93.86 92.68 92.86 93.86
Weighted Average Price 87.98 87.68 87.60 88.45
Other Purchase Arrangement (carcass basis)
Head Count 55,623 31,683 34,868 18,186
Lowest Base Price 72.15 72.15 72.15 79.17
Highest Base Price 98.11 96.66 98.11 97.74
Weighted Average Price 87.46 86.57 86.69 88.38
Negotiated (live basis)
Head Count 1,432
Lowest Base Price 54.75
Highest Base Price 67.20
Weighted Average Price 62.87 64.48
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,432
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# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 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 Hog217.05 lb carcass .61 inch back-fat
8.30 square inch loin 2.76 inch loin depth FFLI: 54.07
Price Range $85.00 - $89.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,137 Colorado 319
Iowa 87,890 Idaho 249
Illinois 21,915 Indiana 16,502
Kansas 1,615 Kentucky 510
Michigan 5,713 Minnesota 38,919
Missouri 1,301 Montana 213
North Carolina 7,712 North Dakota 372
Nebraska 15,642 Ohio 15,385
Oklahoma 1,649 Pennsylvania 4,864
South Dakota 5,582 Virginia 24
Wisconsin 652
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