USDA National Daily Direct Afternoon Hog Report 11/10 14:55
11/10/2025 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 11/10 14:55
LSDLM_HG217
Des Moines, IA Mon, Nov 10, 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 2,965 2,965 6,186 5,035
Other Market Formula 24,917 24,917 27,285 36,804
Swine/Pork Market Formula 191,455 191,455 186,502 158,277
Other Purchase Arrangement 147,132 147,132 123,510 156,432
Negotiated Formula 164 164 812 995
Pack. Sold (all purchase types) 58,362 58,362 45,908 48,270
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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 5,894
Lowest Base Price 74.00
Highest Base Price 87.00
Weighted Average Price 83.95 83.69 83.69
Change from Previous Day -.04 .47 .47
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 5,894
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 30,321 18,705 28,205 2,116
Lowest Base Price 71.80 71.99
Highest Base Price 96.13 86.33
Weighted Average Price 78.66 75.56
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 221,310 129,574 153,541 63,760
Lowest Base Price 80.43 80.76 80.43 81.68
Highest Base Price 93.25 92.60 92.60 93.25
Weighted Average Price 87.79 87.34 87.31 88.72
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 151,954 118,046 120,531 30,298
Lowest Base Price 73.19 73.19 73.19 76.29
Highest Base Price 102.93 96.10 96.10 102.93
Weighted Average Price 84.60 84.05 84.05 86.49
Change from Previous Day
Negotiated (live basis)
Head Count 1,012
Lowest Base Price 54.50
Highest Base Price 66.45
Weighted Average Price 62.63
Change from Previous Day -.54
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 1,171
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# -8.50 1.00 205# .00 3.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 3.00
165# -15.00 .00 195# .00 3.00 225# -30.00 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.24
Price Range $81.50 - $91.09
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,686 Iowa 209,718
Illinois 19,565 Indiana 33,024
Kansas 2,470 Kentucky 1,803
Michigan 12,084 Minnesota 62,960
Missouri 3,093 Montana 676
North Carolina 9,689 North Dakota 174
Nebraska 22,154 Ohio 24,856
Oklahoma 1,675 Pennsylvania 5,297
South Dakota 11,250 Wisconsin 821
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