USDA National Daily Direct Afternoon Hog Report 11/19 14:45
11/19/2025 | 2:45 pm CST USDA National Daily Direct Afternoon Hog Report 11/19 14:45
LSDLM_HG217
Des Moines, IA Wed, Nov 19, 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 2,992 2,992 3,291 3,991
Other Market Formula 17,950 17,950 17,941 29,204
Swine/Pork Market Formula 132,589 132,589 141,257 137,305
Other Purchase Arrangement 66,564 66,564 65,066 59,135
Negotiated Formula 655 655 785 485
Pack. Sold (all purchase types) 41,304 41,304 35,437 40,752
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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 1,428
Lowest Base Price 68.00
Highest Base Price 76.00
Weighted Average Price 74.61
Change from Previous Day -.95
Negotiated Formula (carcass basis)
Head Count 495
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,923
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 25,843 10,095 21,567 4,276
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 153,964 84,229 100,739 48,642
Lowest Base Price 74.30 74.30 74.30 77.06
Highest Base Price 90.70 89.29 89.29 90.70
Weighted Average Price 84.39 83.87 83.88 85.13
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 67,567 40,138 42,918 22,369
Lowest Base Price 72.00 72.00 72.00 73.92
Highest Base Price 97.33 93.07 93.07 97.33
Weighted Average Price 84.25 82.99 83.17 85.98
Change from Previous Day
Negotiated (live basis)
Head Count 985
Lowest Base Price 47.25
Highest Base Price 60.45
Weighted Average Price 57.75 56.80
Change from Previous Day -.03
Negotiated Formula (live basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,145
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# -25.00 -14.62 175# -7.55 .00 205# .00 1.51
155# -11.82 -10.00 185# .00 .00 215# .00 1.51
165# -7.55 -3.37 195# .00 .00 225# -1.33 .76
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.25
Price Range $75.50 - $77.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,606 Iowa 90,434
Illinois 23,165 Indiana 16,993
Kansas 1,380 Kentucky 986
Michigan 7,745 Minnesota 46,496
Missouri 2,789 North Carolina 7,202
North Dakota 170 Nebraska 21,645
Ohio 22,297 Oklahoma 1,895
Pennsylvania 4,653 South Dakota 7,710
Wisconsin 888
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