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USDA National Daily Direct Morning Hog Report 12/09 10:45

USDA National Daily Direct Morning Hog Report 12/09 10:45

LSDLM_HG216
Des Moines, IA                             Tue, Dec 09, 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                                  4,506     4,006     1,915     2,534
 Other Market Formula                       18,748    18,408    16,364    22,167
 Swine/Pork Market Formula                  92,325    77,470    78,865    91,445
 Other Purchase Arrangement                 56,895    53,753    53,473    54,070
 Negotiated Formula                          1,489     1,489       490          
Pack. Sold (all purchase types)             24,943    24,943    25,048    30,135
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                          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                          2,391                                    
   Lowest Base Price                   62.00                                    
   Highest Base Price                  74.00                                    
   Weighted Average Price              71.01       70.74       70.74            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            509                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,900                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         19,227      11,616      16,728       2,499
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         90,688      50,208      60,131      27,410
   Lowest Base Price                   71.04       72.01       72.01       71.04
   Highest Base Price                  88.35       87.87       87.87       88.35
   Weighted Average Price              82.29       82.02       81.75       83.42
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         53,353      33,563      35,362      16,859
   Lowest Base Price                   65.00       75.27       75.27       65.00
   Highest Base Price                  99.14       90.79       90.79       99.14
   Weighted Average Price              83.25       82.37       82.48       84.68
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,307                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            980                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,287                                    
   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#  -32.00 -13.00         175#   -7.15    .00         205#     .00   4.00
    155#  -25.00  -9.00         185#   -1.50    .00         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 Hog0 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.93       
 
Price Range $65.00  - $76.50  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,227          Iowa                 63,818
Illinois             16,738          Indiana               6,960
Kansas                1,692          Kentucky              1,242
Maryland                330          Michigan              4,453
Minnesota            35,125          Missouri              2,848
North Carolina        7,663          Nebraska             10,515
Ohio                 13,298          Oklahoma              1,547
Pennsylvania          4,838          South Dakota          4,172
Wisconsin               603          
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