USDA National Daily Direct Afternoon Hog Report 11/24 14:50
11/24/2025 | 2:50 pm CST USDA National Daily Direct Afternoon Hog Report 11/24 14:50
LSDLM_HG217
Des Moines, IA Mon, Nov 24, 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 2,250 2,250 4,656 2,415
Other Market Formula 29,612 29,612 32,917 51,428
Swine/Pork Market Formula 155,533 155,533 221,276 155,455
Other Purchase Arrangement 176,110 176,110 192,234 160,748
Negotiated Formula 495 495 649 1,160
Pack. Sold (all purchase types) 48,179 48,179 51,572 54,366
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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 1,540
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 2,035
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 32,031 22,848 28,697 3,334
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 181,740 104,692 126,575 50,890
Lowest Base Price 71.02 71.02 71.02 72.90
Highest Base Price 88.36 87.71 87.71 88.36
Weighted Average Price 81.70 81.03 80.97 83.10
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 180,286 145,867 149,117 30,044
Lowest Base Price 68.00 68.00 68.00 73.17
Highest Base Price 103.30 89.16 89.16 103.30
Weighted Average Price 80.83 80.13 80.21 83.75
Change from Previous Day
Negotiated (live basis)
Head Count 657
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 657
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,136 Iowa 215,267
Illinois 21,608 Indiana 18,365
Kansas 2,559 Kentucky 1,654
Michigan 9,845 Minnesota 60,450
Missouri 5,366 Montana 678
North Carolina 7,677 Nebraska 19,219
Ohio 24,666 Oklahoma 1,744
Pennsylvania 8,870 South Dakota 9,422
Wisconsin 653
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