USDA National Daily Direct Hog Prior Day Report 11/05 07:50
11/05/2025 | 7:59 am CST USDA National Daily Direct Hog Prior Day Report 11/05 07:50
LM_HG218
Des Moines, IA Wed, Nov 05, 2025
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 12,133 17,237 5,716
Other Market Formula 17,738 22,625 35,398
Swine/Pork Market Formula 124,600 128,917 135,251
Other Purchase Arrangement 60,817 57,496 58,054
Negotiated Formula 480 1,281 329
Pack. Sold (all purchase types) 33,209 34,000 34,115
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 9,340 14,968 119,534 56,687 200,529
Base Price 85.34 79.66 89.10 88.78 88.13
Packer Sold
Head Count 33,157
Base Price 87.11
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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 10,990
Lowest Base Price 80.00
Highest Base Price 87.00
Weighted Average Price 85.07 84.99 85.20
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 10,990
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,368 9,942 14,572 3,796
Lowest Base Price 71.25 71.99
Highest Base Price 96.94 96.69
Weighted Average Price 79.77 81.10
Swine/Pork Market Formula (carcass basis)
Head Count 141,327 81,357 95,828 41,824
Lowest Base Price 77.09 81.83 81.83 77.09
Highest Base Price 95.04 93.30 93.30 95.04
Weighted Average Price 89.10 88.68 88.64 89.92
Other Purchase Arrangement (carcass basis)
Head Count 63,001 38,621 41,591 19,305
Lowest Base Price 74.02 74.02 74.02 79.43
Highest Base Price 102.93 98.12 98.12 102.93
Weighted Average Price 88.39 87.60 87.32 90.16
Negotiated (live basis)
Head Count 2,612
Lowest Base Price 58.75
Highest Base Price 68.00
Weighted Average Price 66.97
Negotiated Formula (live basis)
Head Count 480
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 3,092
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -25.00 -13.00 175# -8.70 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .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 Hog216.67 lb carcass .62 inch back-fat
8.24 square inch loin 2.74 inch loin depth FFLI: 53.90
Price Range $86.00 - $91.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 25 Canada 5,649
Iowa 90,322 Illinois 20,645
Indiana 15,175 Kansas 2,048
Kentucky 1,614 Michigan 7,640
Minnesota 50,873 Missouri 2,110
North Carolina 7,441 North Dakota 469
Nebraska 16,204 Ohio 15,255
Oklahoma 1,414 Pennsylvania 4,412
South Dakota 6,380 Wisconsin 1,301
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