USDA National Daily Direct Hog Prior Day Report 12/31 07:55
12/31/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/31 07:55
LM_HG218
Des Moines, IA Wed, Dec 31, 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 4,547 3,274
Other Market Formula 19,112 12,668
Swine/Pork Market Formula 104,146 75,880
Other Purchase Arrangement 58,877 36,562
Negotiated Formula 327 158
Pack. Sold (all purchase types) 30,335 14,544
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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 2,000 15,925 99,933 54,920 172,778
Base Price 70.38 81.95 81.57 83.21 81.99
Packer Sold
Head Count 30,308
Base Price 82.07
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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 2,000
Lowest Base Price 57.00
Highest Base Price 72.00
Weighted Average Price 70.38 70.38
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,000
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 19,470 7,607 12,042 7,428
Lowest Base Price 76.44 76.44
Highest Base Price 102.58 102.58
Weighted Average Price 82.71 83.76
Swine/Pork Market Formula (carcass basis)
Head Count 122,396 63,675 79,925 37,827
Lowest Base Price 68.80 68.80 68.80 69.67
Highest Base Price 90.20 88.26 88.26 90.20
Weighted Average Price 81.55 80.83 80.76 83.00
Other Purchase Arrangement (carcass basis)
Head Count 59,220 36,769 38,779 18,337
Lowest Base Price 67.72 67.72 67.72 73.10
Highest Base Price 105.16 93.44 93.44 105.16
Weighted Average Price 83.12 82.36 82.52 84.02
Negotiated (live basis)
Head Count 2,222
Lowest Base Price 40.75
Highest Base Price 56.55
Weighted Average Price 49.56 50.77
Negotiated Formula (live basis)
Head Count 327
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,549
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# -25.00 -14.62 175# -7.20 -1.35 205# .00 4.00
155# -25.00 -10.80 185# .00 .00 215# .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 Hog215.17 lb carcass .61 inch back-fat
8.33 square inch loin 2.77 inch loin depth FFLI: 54.12
Price Range $64.50 - $74.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 40 Canada 5,726
Colorado 312 Iowa 74,521
Idaho 75 Illinois 15,320
Indiana 14,674 Kansas 2,199
Kentucky 2,194 Michigan 7,808
Minnesota 35,658 Missouri 3,923
North Carolina 7,648 North Dakota 867
Nebraska 11,585 New York 335
Ohio 15,427 Oklahoma 1,897
Pennsylvania 4,331 South Dakota 8,848
Tennessee 2,805 Texas 36
Wisconsin 1,115
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