USDA National Daily Direct Hog Prior Day Report 11/11 07:55
11/11/2025 | 7:59 am CST USDA National Daily Direct Hog Prior Day Report 11/11 07:55
LM_HG218
Des Moines, IA Tue, Nov 11, 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 3,454 9,371 5,212
Other Market Formula 14,997 19,838 26,854
Swine/Pork Market Formula 122,606 127,998 128,147
Other Purchase Arrangement 52,892 63,364 55,801
Negotiated Formula 1,139 390
Pack. Sold (all purchase types) 33,627 37,628 33,825
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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 2,113 11,371 116,774 48,640 178,898
Base Price 83.21 80.11 88.14 88.36 87.63
Packer Sold
Head Count 33,469
Base Price 86.77
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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 6,054
Lowest Base Price 74.00
Highest Base Price 87.00
Weighted Average Price 84.04 83.69 83.69
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 6,054
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 16,501 9,499 14,829 1,672
Lowest Base Price 71.80 77.08
Highest Base Price 94.27 83.51
Weighted Average Price 81.11 78.94
Swine/Pork Market Formula (carcass basis)
Head Count 135,827 77,515 92,897 38,635
Lowest Base Price 80.43 82.27 82.27 80.43
Highest Base Price 93.05 92.20 92.20 93.05
Weighted Average Price 88.23 87.70 87.70 89.19
Other Purchase Arrangement (carcass basis)
Head Count 53,985 31,104 33,613 19,247
Lowest Base Price 75.95 75.95 75.95 79.92
Highest Base Price 97.64 96.70 96.70 97.64
Weighted Average Price 87.98 87.30 87.07 89.33
Negotiated (live basis)
Head Count 1,341
Lowest Base Price 58.25
Highest Base Price 67.50
Weighted Average Price 66.09
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,341
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# -30.00 -13.00 175# -8.50 1.00 205# .00 3.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 3.00
165# -15.00 .00 195# .00 3.00 225# -30.00 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.90 lb carcass .57 inch back-fat
8.30 square inch loin 2.76 inch loin depth FFLI: 54.65
Price Range $81.50 - $91.09
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,337 Iowa 85,297
Illinois 20,674 Indiana 13,308
Kansas 1,375 Kentucky 1,245
Maryland 328 Michigan 6,698
Minnesota 39,079 Missouri 1,951
Montana 676 North Carolina 7,713
North Dakota 360 Nebraska 15,622
Ohio 14,860 Oklahoma 1,785
Pennsylvania 3,878 South Carolina 330
South Dakota 7,738 Wisconsin 322
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