USDA National Daily Direct Afternoon Hog Report 12/22 15:00
12/22/2025 | 3:01 pm CST USDA National Daily Direct Afternoon Hog Report 12/22 15:00
LSDLM_HG217
Des Moines, IA Mon, Dec 22, 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 3,220 3,220 3,090 3,113
Other Market Formula 32,217 32,217 35,753 36,910
Swine/Pork Market Formula 190,095 190,095 180,313 149,408
Other Purchase Arrangement 168,290 168,290 210,521 172,164
Negotiated Formula 166 166 1,455 504
Pack. Sold (all purchase types) 42,171 42,171 50,457 52,194
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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 941
Lowest Base Price 60.00
Highest Base Price 68.00
Weighted Average Price 67.16
Change from Previous Day -.29
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 941
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 34,986 24,041 32,519 2,467
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 208,290 124,534 148,277 53,103
Lowest Base Price 68.38 68.38 68.38 69.68
Highest Base Price 91.78 91.78 91.78 91.78
Weighted Average Price 83.98 83.50 83.36 85.57
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 169,939 132,313 136,084 31,741
Lowest Base Price 69.63 74.10 69.63 73.10
Highest Base Price 104.47 93.12 93.12 104.47
Weighted Average Price 82.34 80.98 81.07 87.40
Change from Previous Day
Negotiated (live basis)
Head Count 1,810
Lowest Base Price 42.75
Highest Base Price 55.00
Weighted Average Price 50.92 51.41
Change from Previous Day -1.29
Negotiated Formula (live basis)
Head Count 166
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,976
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 -14.62 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# .00 .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 Hog1 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.66
Price Range $66.97 - $72.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 7,168 Iowa 213,758
Idaho 60 Illinois 26,426
Indiana 21,726 Kansas 2,260
Kentucky 2,370 Michigan 9,385
Minnesota 70,188 Missouri 5,213
Montana 678 North Carolina 10,458
North Dakota 170 Nebraska 19,302
Ohio 22,626 Oklahoma 3,269
Pennsylvania 8,570 South Dakota 12,029
Wisconsin 503
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