USDA National Daily Direct Morning Hog Report 11/17 10:50
11/17/2025 | 10:50 am CST USDA National Daily Direct Morning Hog Report 11/17 10:50
LSDLM_HG216
Des Moines, IA Mon, Nov 17, 2025
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 2,191 941 1,352 2,171
Other Market Formula 28,856 28,516 20,310 34,743
Swine/Pork Market Formula 186,751 179,235 152,832 129,139
Other Purchase Arrangement 186,583 183,650 138,559 156,023
Negotiated Formula 489 489 164
Pack. Sold (all purchase types) 44,652 44,652 44,374 49,787
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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
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 31,352 18,242 29,221 2,131
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 204,228 127,222 146,602 53,349
Lowest Base Price 75.01 77.84 77.57 75.01
Highest Base Price 91.48 90.83 90.83 91.48
Weighted Average Price 85.47 85.01 84.90 86.75
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 187,341 156,198 159,467 27,405
Lowest Base Price 70.02 70.02 70.02 76.50
Highest Base Price 102.93 93.94 93.94 102.93
Weighted Average Price 82.99 82.27 82.30 86.90
Change from Previous Day
Negotiated (live basis)
Head Count 941
Lowest Base Price 49.50
Highest Base Price 62.00
Weighted Average Price 57.27
Change from Previous Day
Negotiated Formula (live basis)
Head Count 159
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,100
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
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CARCASS WEIGHT DIFFERENTIALS
145# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,022 Iowa 227,589
Illinois 26,349 Indiana 18,057
Kansas 1,168 Kentucky 1,328
Michigan 9,716 Minnesota 75,489
Missouri 3,644 Montana 673
North Carolina 7,713 North Dakota 340
Nebraska 22,549 Ohio 23,233
Oklahoma 1,703 Pennsylvania 5,018
South Dakota 9,008 Wisconsin 884
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