USDA National Daily Direct Afternoon Hog Report 12/31 14:50
12/31/2025 | 2:50 pm CST USDA National Daily Direct Afternoon Hog Report 12/31 14:50
LSDLM_HG217
Des Moines, IA Wed, Dec 31, 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 4,133 4,133 3,150
Other Market Formula 65,034 65,034 19,809
Swine/Pork Market Formula 93,242 93,242 66,088
Other Purchase Arrangement 57,775 57,775 41,898
Negotiated Formula 661 661
Pack. Sold (all purchase types) 27,509 27,509 17,683
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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 2,046
Lowest Base Price 57.00
Highest Base Price 73.00
Weighted Average Price 70.19 69.08 69.81
Change from Previous Day -.19 -.57
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 2,046
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 66,133 9,971 15,461 50,672
Lowest Base Price 75.30
Highest Base Price 102.88
Weighted Average Price 93.89
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 110,698 55,537 69,446 36,306
Lowest Base Price 69.08 69.08 69.08 71.63
Highest Base Price 89.72 88.26 88.26 89.72
Weighted Average Price 81.60 81.26 81.03 82.49
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 57,947 34,498 37,358 18,158
Lowest Base Price 73.10 76.59 76.59 73.10
Highest Base Price 105.16 93.44 94.15 105.16
Weighted Average Price 83.71 82.44 82.87 85.23
Change from Previous Day
Negotiated (live basis)
Head Count 1,960
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 661
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,621
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# -7.20 .00 205# .00 4.00
155# -25.00 -10.00 185# .00 .00 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.12
Price Range $64.50 - $73.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,722 Colorado 312
Iowa 65,355 Illinois 14,777
Indiana 12,402 Kansas 1,535
Kentucky 749 Michigan 7,038
Minnesota 36,970 Missouri 3,695
North Carolina 7,638 North Dakota 867
Nebraska 12,238 New York 340
Ohio 16,803 Oklahoma 1,894
Pennsylvania 5,966 South Dakota 7,881
Tennessee 45,171 Wisconsin 1,001
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