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USDA National Daily Direct Afternoon Hog Report 12/01 15:10

USDA National Daily Direct Afternoon Hog Report 12/01 15:10

LSDLM_HG217
Des Moines, IA                             Mon, Dec 01, 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                                  3,814     3,814     2,250     3,085
 Other Market Formula                       27,427    27,427    29,612    51,502
 Swine/Pork Market Formula                 230,437   230,437   155,533   213,796
 Other Purchase Arrangement                216,397   216,397   176,110   194,755
 Negotiated Formula                          1,361     1,361       495       399
Pack. Sold (all purchase types)             45,322    45,322    48,179    54,702
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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                          1,941                                    
   Lowest Base Price                   65.00                                    
   Highest Base Price                  75.50                                    
   Weighted Average Price              71.68       74.24       73.67            
   Change from Previous Day             -.41        1.68        1.11            
Negotiated Formula (carcass basis)
   Head Count                            400                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,341                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         29,563      12,645      23,715       5,848
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        251,886     139,768     174,321      74,814
   Lowest Base Price                   71.19       71.19       71.19       73.44
   Highest Base Price                  87.15       86.09       86.09       87.15
   Weighted Average Price              81.10       80.79       80.71       81.87
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        214,843     174,829     179,704      33,839
   Lowest Base Price                   73.10       75.02       75.02       73.10
   Highest Base Price                  97.84       89.77       89.77       97.84
   Weighted Average Price              79.25       78.31       78.45       83.31
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,432                                    
   Lowest Base Price                   46.25                                    
   Highest Base Price                  57.50                                    
   Weighted Average Price              54.35                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            961                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,393                                    
   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 -14.62         175#   -7.55   1.00         205#     .00   4.00
    155#  -30.00 -11.33         185#     .00   1.50         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 54.41       
 
Price Range $71.00  - $77.50  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,475          Colorado                160
Iowa                250,666          Illinois             34,454
Indiana              35,552          Kansas                3,862
Kentucky              3,372          Michigan             14,960
Minnesota            79,681          Missouri              4,002
Montana                 905          North Carolina        8,050
North Dakota            455          Nebraska             31,671
Ohio                 27,992          Pennsylvania          5,478
South Dakota         16,524          Tennessee             1,485
Wisconsin             1,014          
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