USDA National Daily Direct Morning Hog Report 12/16 10:50
12/16/2025 | 10:50 am CST USDA National Daily Direct Morning Hog Report 12/16 10:50
LSDLM_HG216
Des Moines, IA Tue, Dec 16, 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 3,917 3,417 4,006 890
Other Market Formula 17,595 17,255 18,408 16,427
Swine/Pork Market Formula 96,801 80,673 77,470 85,492
Other Purchase Arrangement 48,116 45,627 53,753 48,707
Negotiated Formula 815 815 1,489 340
Pack. Sold (all purchase types) 22,830 22,830 24,943 28,445
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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 2,149
Lowest Base Price 64.00
Highest Base Price 72.00
Weighted Average Price 69.91 70.16 70.16
Change from Previous Day -3.09
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,149
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 17,814 9,651 14,571 3,243
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 93,369 54,145 63,174 25,158
Lowest Base Price 72.68 72.68 72.68 73.68
Highest Base Price 91.48 90.98 90.98 91.48
Weighted Average Price 84.20 83.98 83.73 85.62
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 44,807 26,575 28,319 16,003
Lowest Base Price 65.26 65.26 65.26 80.47
Highest Base Price 98.92 93.30 93.30 98.92
Weighted Average Price 85.91 84.77 84.92 87.60
Change from Previous Day
Negotiated (live basis)
Head Count 563
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 815
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,378
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# -25.00 -13.00 175# -7.20 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.81
Price Range $65.00 - $76.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,048 Iowa 61,490
Idaho 150 Illinois 15,037
Indiana 6,457 Kansas 1,547
Kentucky 806 Maryland 160
Michigan 4,285 Minnesota 32,694
Missouri 3,522 North Carolina 7,381
Nebraska 10,035 Ohio 12,189
Oklahoma 1,867 Pennsylvania 4,655
South Dakota 2,983 Wisconsin 311
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