USDA National Daily Direct Afternoon Hog Report 11/05 14:50
11/05/2025 | 2:50 pm CST USDA National Daily Direct Afternoon Hog Report 11/05 14:50
LSDLM_HG217
Des Moines, IA Wed, Nov 05, 2025
DAILY DIRECT AFTERNOON 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 5,786 5,786 4,403 5,292
Other Market Formula 18,155 18,155 23,546 57,748
Swine/Pork Market Formula 131,759 131,759 135,732 132,749
Other Purchase Arrangement 64,967 64,967 57,493 59,885
Negotiated Formula 165 165 1,281 377
Pack. Sold (all purchase types) 31,377 31,377 36,554 32,808
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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 4,565
Lowest Base Price 79.00
Highest Base Price 87.50
Weighted Average Price 86.00 86.82 86.09
Change from Previous Day 1.29 2.28 1.28
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 4,565
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,421 10,818 15,586 2,835
Lowest Base Price 71.25 71.99
Highest Base Price 96.94 96.69
Weighted Average Price 79.91 81.14
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 149,460 90,790 105,585 40,207
Lowest Base Price 81.83 81.83 81.83 83.48
Highest Base Price 95.04 93.60 93.60 95.04
Weighted Average Price 88.90 88.44 88.43 89.86
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 67,485 37,130 41,870 24,005
Lowest Base Price 76.41 76.41 76.41 79.17
Highest Base Price 102.93 98.12 98.12 102.93
Weighted Average Price 87.96 87.54 87.22 89.14
Change from Previous Day
Negotiated (live basis)
Head Count 966
Lowest Base Price 58.75
Highest Base Price 67.35
Weighted Average Price 64.95
Change from Previous Day -1.39
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,131
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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# -30.00 -13.00 175# -8.75 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .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 Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.90
Price Range $86.00 - $90.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,488 Iowa 95,183
Illinois 18,654 Indiana 13,853
Kansas 2,161 Kentucky 1,074
Michigan 7,510 Minnesota 48,006
Missouri 4,146 North Carolina 7,424
North Dakota 469 Nebraska 15,769
Ohio 19,248 Oklahoma 1,512
Pennsylvania 5,739 South Dakota 6,137
Texas 47 Wisconsin 789
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