USDA National Daily Direct Hog Prior Day Report 12/11 07:45
12/11/2025 | 7:45 am CST USDA National Daily Direct Hog Prior Day Report 12/11 07:45
LM_HG218
Des Moines, IA Thu, Dec 11, 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 7,767 8,358 3,563
Other Market Formula 18,658 17,263 24,283
Swine/Pork Market Formula 118,618 123,172 127,064
Other Purchase Arrangement 62,158 64,259 54,814
Negotiated Formula 815 1,482 145
Pack. Sold (all purchase types) 33,743 35,745 34,413
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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 6,279 14,264 113,656 58,721 495 193,415
Base Price 70.29 82.10 83.54 81.90
Packer Sold
Head Count 33,591
Base Price 82.27
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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 6,279
Lowest Base Price 59.00
Highest Base Price 73.00
Weighted Average Price 70.29 70.47 70.18
Negotiated Formula (carcass basis)
Head Count 495
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 6,774
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 19,609 11,121 17,377 2,232
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 137,975 79,416 96,089 37,081
Lowest Base Price 70.23 70.23 70.23 71.05
Highest Base Price 90.66 89.49 89.49 90.66
Weighted Average Price 82.12 81.75 81.67 83.19
Other Purchase Arrangement (carcass basis)
Head Count 62,648 40,682 42,714 17,658
Lowest Base Price 65.00 74.97 74.97 65.00
Highest Base Price 99.07 91.41 91.41 99.07
Weighted Average Price 83.43 82.52 82.62 85.17
Negotiated (live basis)
Head Count 1,068
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,388
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 -13.00 175# -4.00 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# -.50 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog217.21 lb carcass .67 inch back-fat
8.06 square inch loin 2.68 inch loin depth FFLI: 53.07
Price Range $65.00 - $76.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,846 Iowa 90,782
Illinois 20,448 Indiana 16,507
Kansas 2,384 Kentucky 1,226
Michigan 5,844 Minnesota 45,107
Missouri 3,034 North Carolina 7,260
North Dakota 510 Nebraska 13,176
Ohio 13,295 Oklahoma 1,687
Pennsylvania 4,541 South Dakota 9,552
Texas 80 Wisconsin 480
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