USDA National Daily Direct Afternoon Hog Report 12/12 14:55
12/12/2025 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 12/12 14:55
LSDLM_HG217
Des Moines, IA Fri, Dec 12, 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 2,974 2,974 2,405 3,446
Other Market Formula 37,888 37,888 19,585 23,551
Swine/Pork Market Formula 147,483 147,483 156,053 143,043
Other Purchase Arrangement 81,758 81,758 74,536 59,636
Negotiated Formula 789 789 1,290
Pack. Sold (all purchase types) 47,655 47,655 43,774 32,479
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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 1,345
Lowest Base Price 57.00
Highest Base Price 74.00
Weighted Average Price 71.28 71.37 71.37
Change from Previous Day -.41 -.16 .21
Negotiated Formula (carcass basis)
Head Count 635
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,980
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 39,828 25,921 34,670 5,158
Lowest Base Price 72.99 72.99 72.99 77.69
Highest Base Price 100.83 100.50 100.50 100.83
Weighted Average Price 86.07 86.75 85.14 92.31
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 180,465 102,821 123,356 51,612
Lowest Base Price 71.16 72.06 71.16 72.56
Highest Base Price 92.91 90.93 90.93 92.91
Weighted Average Price 82.74 82.03 82.08 84.25
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 83,116 51,828 54,258 27,230
Lowest Base Price 73.21 76.57 76.57 73.21
Highest Base Price 104.47 94.16 94.16 104.47
Weighted Average Price 83.90 83.18 83.30 84.93
Change from Previous Day
Negotiated (live basis)
Head Count 1,066
Lowest Base Price 43.75
Highest Base Price 57.50
Weighted Average Price 53.19
Change from Previous Day
Negotiated Formula (live basis)
Head Count 319
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,385
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# -7.25 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 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: 52.92
Price Range $64.00 - $74.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,725 Colorado 158
Iowa 123,270 Illinois 20,933
Indiana 22,629 Kansas 1,717
Kentucky 652 Michigan 9,870
Minnesota 60,543 Missouri 4,690
Montana 441 North Carolina 7,342
Nebraska 19,980 Ohio 23,132
Oklahoma 1,720 Pennsylvania 6,549
South Dakota 7,662 Texas 31
Wisconsin 338 Wyoming 165
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