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USDA National Daily Direct Afternoon Hog Report 11/06 14:45

USDA National Daily Direct Afternoon Hog Report 11/06 14:45

LSDLM_HG217
Des Moines, IA                             Thu, Nov 06, 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                                  2,329     2,329     3,197     2,496
 Other Market Formula                       17,499    17,499    23,341    75,538
 Swine/Pork Market Formula                 120,817   120,817   122,636   137,265
 Other Purchase Arrangement                 65,241    65,241    66,005    56,935
 Negotiated Formula                                                984     1,490
Pack. Sold (all purchase types)             31,793    31,793    28,256    31,972
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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                          1,552                                    
   Lowest Base Price                   78.00                                    
   Highest Base Price                  86.00                                    
   Weighted Average Price              84.31       84.54       84.34            
   Change from Previous Day            -1.69       -2.28       -1.75            
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                          1,552                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         17,597       9,483      14,474       3,123
   Lowest Base Price                   71.25                               71.99
   Highest Base Price                  96.12                               87.70
   Weighted Average Price              79.71                               78.61
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        140,520      76,632      93,429      43,480
   Lowest Base Price                   81.52       81.52       81.52       82.04
   Highest Base Price                  93.86       92.90       92.90       93.86
   Weighted Average Price              88.53       88.35       88.26       88.90
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         65,401      35,783      39,954      22,878
   Lowest Base Price                   77.91       77.91       77.91       79.17
   Highest Base Price                 102.93       99.94       99.94      102.93
   Weighted Average Price              88.36       87.96       88.02       88.59
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            775                                    
   Lowest Base Price                   53.75                                    
   Highest Base Price                  67.55                                    
   Weighted Average Price              62.08                               59.42
   Change from Previous Day            -2.87                                    
Negotiated Formula (live basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            775                                    
   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#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   1.50         215#   -8.00   4.00
    165#  -26.00    .00         195#     .00   3.00         225#  -30.00   3.50
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog4 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.90       
 
Price Range $85.00  - $89.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,509          Iowa                 79,166
Idaho                   249          Illinois             20,195
Indiana              11,511          Kansas                1,686
Kentucky              1,109          Michigan              8,703
Minnesota            44,850          Missouri              3,174
Montana                 213          North Carolina        7,403
North Dakota            269          Nebraska             16,038
Ohio                 20,379          Oklahoma              1,670
Pennsylvania          6,492          South Dakota          8,560
Virginia                 24          Wisconsin               479

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