USDA National Daily Direct Afternoon Hog Report 11/11 14:50
11/11/2025 | 2:50 pm CST USDA National Daily Direct Afternoon Hog Report 11/11 14:50
LSDLM_HG217
Des Moines, IA Tue, Nov 11, 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 3,485 3,485 13,159 6,557
Other Market Formula 13,552 13,552 16,735 74,234
Swine/Pork Market Formula 123,891 123,891 119,702 133,796
Other Purchase Arrangement 54,542 54,542 66,551 62,280
Negotiated Formula 190 190 1,158 1,045
Pack. Sold (all purchase types) 18,978 18,978 27,595 34,815
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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 1,860
Lowest Base Price 72.00
Highest Base Price 83.75
Weighted Average Price 82.12 83.20 82.93
Change from Previous Day -1.83 -.49 -.76
Negotiated Formula (carcass basis)
Head Count 40
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,900
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 10,259 6,214 7,054 3,205
Lowest Base Price 71.80 77.08
Highest Base Price 96.75 96.75
Weighted Average Price 81.56 84.16
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 133,219 70,703 87,433 41,532
Lowest Base Price 80.43 81.56 81.56 80.43
Highest Base Price 92.70 92.20 92.20 92.70
Weighted Average Price 88.43 88.00 87.91 89.27
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 55,004 27,477 29,986 23,080
Lowest Base Price 75.95 75.95 75.95 77.36
Highest Base Price 97.64 96.70 96.70 97.64
Weighted Average Price 88.00 87.43 87.15 88.70
Change from Previous Day
Negotiated (live basis)
Head Count 1,509
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 150
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,659
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# -8.38 1.00 205# .00 3.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 3.00
165# -15.00 -3.37 195# .00 3.00 225# -1.33 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog0 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.65
Price Range $79.50 - $85.43
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Arkansas 79 Canada 5,939
Iowa 71,159 Illinois 22,293
Indiana 12,072 Kansas 2,195
Kentucky 1,355 Maryland 328
Michigan 9,405 Minnesota 35,661
Missouri 2,147 North Carolina 7,705
North Dakota 188 Nebraska 11,314
Ohio 18,736 Oklahoma 1,791
Pennsylvania 4,079 South Carolina 330
South Dakota 7,375 Wisconsin 487
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