USDA National Daily Direct Afternoon Hog Report 12/02 15:00
12/02/2025 | 3:01 pm CST USDA National Daily Direct Afternoon Hog Report 12/02 15:00
LSDLM_HG217
Des Moines, IA Tue, Dec 02, 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 8,256 8,256 3,766 11,217
Other Market Formula 19,945 19,945 17,737 142,248
Swine/Pork Market Formula 128,446 128,446 122,926 129,082
Other Purchase Arrangement 71,366 71,366 66,077 56,483
Negotiated Formula 490 490 327 490
Pack. Sold (all purchase types) 33,532 33,532 33,133 36,097
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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 7,744
Lowest Base Price 65.00
Highest Base Price 74.00
Weighted Average Price 71.33 71.46 71.50 68.93
Change from Previous Day -.35 -2.78 -2.17
Negotiated Formula (carcass basis)
Head Count 460
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 8,204
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 21,572 12,104 19,129 2,443
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 148,627 82,968 100,273 44,442
Lowest Base Price 71.31 72.68 72.68 71.31
Highest Base Price 89.15 87.21 87.21 89.15
Weighted Average Price 81.14 80.78 80.73 81.88
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 72,319 46,183 48,139 22,403
Lowest Base Price 72.79 73.40 73.40 72.79
Highest Base Price 98.09 90.53 90.53 98.09
Weighted Average Price 82.49 81.36 81.43 84.57
Change from Previous Day
Negotiated (live basis)
Head Count 200
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 530
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# -7.40 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 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: 53.72
Price Range $65.00 - $76.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,035 Iowa 99,553
Illinois 17,148 Indiana 15,101
Kansas 1,367 Kentucky 1,047
Maryland 158 Michigan 9,100
Minnesota 49,312 Missouri 2,930
Montana 228 North Carolina 8,182
Nebraska 16,605 Ohio 18,440
Oklahoma 1,834 Pennsylvania 6,814
South Dakota 8,234 Texas 14
Wisconsin 933
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