USDA National Daily Direct Hog Prior Day Report 11/24 07:55
11/24/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 11/24 07:55
LM_HG218
Des Moines, IA Mon, Nov 24, 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 2,542 1,904 2,369
Other Market Formula 30,399 27,405 41,032
Swine/Pork Market Formula 169,197 228,349 168,618
Other Purchase Arrangement 161,327 188,217 156,153
Negotiated Formula 963 646 1,635
Pack. Sold (all purchase types) 48,155 52,357 53,466
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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 1,684 27,943 162,975 155,124 495 348,221
Base Price 70.86 81.46 80.68 80.58
Packer Sold
Head Count 48,120
Base Price 80.73
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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 1,684
Lowest Base Price 67.00
Highest Base Price 73.00
Weighted Average Price 70.86 70.36 70.36
Negotiated Formula (carcass basis)
Head Count 495
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,179
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 34,318 23,498 31,993 2,325
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 196,974 117,774 138,874 54,129
Lowest Base Price 71.02 71.02 71.02 73.33
Highest Base Price 88.36 87.71 87.71 88.36
Weighted Average Price 81.53 81.13 81.04 82.42
Other Purchase Arrangement (carcass basis)
Head Count 162,870 136,117 139,187 20,780
Lowest Base Price 68.00 68.00 68.00 73.17
Highest Base Price 103.30 98.27 98.27 103.30
Weighted Average Price 80.52 80.10 80.19 82.27
Negotiated (live basis)
Head Count 791
Lowest Base Price 45.25
Highest Base Price 57.50
Weighted Average Price 52.67
Negotiated Formula (live basis)
Head Count 468
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,259
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# -32.00 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.00 1.50 215# -8.00 4.00
165# -25.00 .00 195# -.50 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog218.84 lb carcass .59 inch back-fat
8.21 square inch loin 2.73 inch loin depth FFLI: 54.28
Price Range $74.50 - $76.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,019 Iowa 220,193
Illinois 21,738 Indiana 22,975
Kansas 3,279 Kentucky 1,462
Michigan 8,883 Minnesota 59,901
Missouri 5,200 Montana 449
North Carolina 7,826 Nebraska 20,221
Ohio 18,012 Oklahoma 1,743
Pennsylvania 4,306 South Dakota 9,723
Wisconsin 653
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