USDA National Daily Direct Hog Prior Day Report 12/24 08:00
12/24/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/24 08:00
LM_HG218
Des Moines, IA Wed, Dec 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
--------------------------
Producer Sold
Negotiated 3,274 2,567
Other Market Formula 12,668 58,222
Swine/Pork Market Formula 75,880 120,355
Other Purchase Arrangement 36,562 64,875
Negotiated Formula 158 647
Pack. Sold (all purchase types) 14,544 32,323
================================================================================
Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 1,345 8,057 70,983 35,723 116,108
Base Price 68.97 80.35 83.08 85.50 83.47
Packer Sold
Head Count 14,398
Base Price 83.52
================================================================================
Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
---------------------------------------------
Negotiated (carcass basis)
Head Count 1,345
Lowest Base Price 65.00
Highest Base Price 72.50
Weighted Average Price 68.97 68.97
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,345
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 11,127 3,618 8,633 2,208
Lowest Base Price 73.66 75.42
Highest Base Price 87.72 86.85
Weighted Average Price 81.91 81.99
Swine/Pork Market Formula (carcass basis)
Head Count 79,782 44,003 55,661 17,598
Lowest Base Price 68.60 69.88 69.88 68.60
Highest Base Price 92.01 88.95 88.95 92.01
Weighted Average Price 83.00 82.59 82.53 83.66
Other Purchase Arrangement (carcass basis)
Head Count 38,252 23,524 25,024 11,921
Lowest Base Price 71.68 75.46 71.68 81.22
Highest Base Price 105.00 92.11 92.11 105.00
Weighted Average Price 85.44 84.43 84.12 87.99
Negotiated (live basis)
Head Count 1,929
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 158
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,087
Lowest Base Price
Highest Base Price
Weighted Average Price
================================================================================
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)
================================================================================
CARCASS WEIGHT DIFFERENTIALS
145# -25.00 -13.00 175# -7.25 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .00 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
================================================================================
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.23 lb carcass .70 inch back-fat
7.81 square inch loin 2.60 inch loin depth FFLI: 52.50
Price Range $65.00 - $73.95
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
-------------------------------------------
Arkansas 301 California 74
Canada 6,557 Iowa 45,730
Illinois 7,873 Indiana 10,664
Kansas 618 Kentucky 1,056
Michigan 6,059 Minnesota 27,948
Missouri 1,335 North Carolina 28
North Dakota 345 Nebraska 8,979
Ohio 10,370 Oklahoma 1,921
Pennsylvania 4,042 South Dakota 9,026
Wisconsin 160
================================================================================
[0600059D]