USDA National Daily Direct Afternoon Hog Report 12/16 14:55
12/16/2025 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 12/16 14:55
LSDLM_HG217
Des Moines, IA Tue, Dec 16, 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 3,666 3,666 4,875 2,267
Other Market Formula 55,352 55,352 23,565 21,564
Swine/Pork Market Formula 122,886 122,886 126,124 122,914
Other Purchase Arrangement 61,435 61,435 68,937 64,195
Negotiated Formula 815 815 1,829 540
Pack. Sold (all purchase types) 31,288 31,288 34,710 37,483
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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 2,314
Lowest Base Price 64.00
Highest Base Price 72.00
Weighted Average Price 69.56 70.16 69.76
Change from Previous Day -3.12 -1.52 -2.13
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,314
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 56,758 10,330 16,440 40,318
Lowest Base Price 75.40
Highest Base Price 101.54
Weighted Average Price 93.59
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 142,063 78,788 96,808 40,064
Lowest Base Price 72.45 72.45 72.45 73.68
Highest Base Price 91.48 90.98 90.98 91.48
Weighted Average Price 83.35 83.06 82.93 84.39
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,113 32,947 35,021 24,298
Lowest Base Price 65.26 65.26 65.26 73.10
Highest Base Price 98.92 93.30 93.30 98.92
Weighted Average Price 85.18 84.16 84.30 86.25
Change from Previous Day
Negotiated (live basis)
Head Count 563
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 815
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,378
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 -13.00 175# -7.20 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -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 Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.81
Price Range $65.00 - $76.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,511 Iowa 82,677
Idaho 150 Illinois 54,736
Indiana 15,792 Kansas 2,732
Kentucky 806 Maryland 160
Michigan 9,440 Minnesota 43,201
Missouri 3,847 North Carolina 7,398
Nebraska 15,218 Ohio 16,612
Oklahoma 1,867 Pennsylvania 7,014
South Dakota 6,970 Wisconsin 311
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[0600059D]