USDA National Daily Direct Afternoon Hog Report 12/29 15:00
12/29/2025 | 3:00 pm CST USDA National Daily Direct Afternoon Hog Report 12/29 15:00
LSDLM_HG217
Des Moines, IA Mon, Dec 29, 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 1,725 1,725 3,220 2,720
Other Market Formula 37,904 37,904 32,217 47,874
Swine/Pork Market Formula 193,881 193,881 190,095 218,832
Other Purchase Arrangement 176,061 176,061 168,290 185,985
Negotiated Formula 424 424 166 1,699
Pack. Sold (all purchase types) 42,319 42,319 42,171 56,380
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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 64
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 90
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 154
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 39,552 22,357 32,570 6,982
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 215,722 124,888 151,260 56,670
Lowest Base Price 67.19 68.19 67.19 69.67
Highest Base Price 91.85 89.89 89.89 91.85
Weighted Average Price 82.87 82.26 82.14 84.65
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 174,400 138,267 141,058 31,378
Lowest Base Price 68.32 68.32 68.32 73.10
Highest Base Price 105.00 94.72 94.72 105.00
Weighted Average Price 80.70 79.56 79.66 84.97
Change from Previous Day
Negotiated (live basis)
Head Count 1,343
Lowest Base Price 47.50
Highest Base Price 55.50
Weighted Average Price 53.14
Change from Previous Day
Negotiated Formula (live basis)
Head Count 334
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,677
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Arkansas 165 Canada 5,607
Iowa 214,879 Idaho 130
Illinois 27,640 Indiana 26,254
Kansas 3,333 Kentucky 2,229
Michigan 8,357 Minnesota 72,534
Missouri 5,805 Montana 677
North Carolina 15,003 North Dakota 713
Nebraska 22,237 Ohio 19,497
Oklahoma 3,755 Pennsylvania 6,132
South Dakota 13,400 Tennessee 3,795
Texas 2 Wisconsin 170
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