USDA National Daily Direct Afternoon Hog Report 12/26 14:50
12/26/2025 | 2:50 pm CST USDA National Daily Direct Afternoon Hog Report 12/26 14:50
LSDLM_HG217
Des Moines, IA Fri, Dec 26, 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 700 700 3,399 2,572
Other Market Formula 18,016 18,016 15,905 24,943
Swine/Pork Market Formula 130,741 130,741 147,023 169,474
Other Purchase Arrangement 71,514 71,514 69,316 177,864
Negotiated Formula 645 495
Pack. Sold (all purchase types) 39,651 39,651 40,741 46,964
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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 700
Lowest Base Price 65.00
Highest Base Price 68.00
Weighted Average Price 67.19 67.19 67.19
Change from Previous Day
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 700
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,520 14,170 17,065 2,455
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 160,466 93,422 111,428 49,038
Lowest Base Price 69.38 69.38 69.38 70.68
Highest Base Price 90.89 88.55 88.55 90.89
Weighted Average Price 80.78 80.15 80.07 82.41
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 75,520 51,031 52,581 21,472
Lowest Base Price 73.10 75.46 75.46 73.10
Highest Base Price 99.47 95.72 95.72 99.47
Weighted Average Price 81.97 81.61 81.69 82.38
Change from Previous Day
Negotiated (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count
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# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -5.00 195# .00 3.00 225# .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 $65.00 - $72.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 1,467 Iowa 109,668
Illinois 16,628 Indiana 23,686
Kansas 2,967 Kentucky 560
Michigan 6,330 Minnesota 49,975
Missouri 2,440 North Carolina 7,496
Nebraska 13,891 Ohio 15,420
Pennsylvania 3,526 South Dakota 5,745
Wisconsin 655 West Virginia 168
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