USDA National Daily Direct Hog Prior Day Report 11/17 07:55
11/17/2025 | 7:59 am CST USDA National Daily Direct Hog Prior Day Report 11/17 07:55
LM_HG218
Des Moines, IA Mon, Nov 17, 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 1,904 2,385 4,228
Other Market Formula 27,405 22,719 39,383
Swine/Pork Market Formula 228,349 177,611 180,066
Other Purchase Arrangement 188,217 142,922 167,329
Negotiated Formula 646 809 840
Pack. Sold (all purchase types) 52,357 43,935 54,697
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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 1,131 25,024 221,136 184,058 330 431,679
Base Price 76.61 77.11 85.41 82.82 83.80
Packer Sold
Head Count 52,356
Base Price 84.05
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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 1,131
Lowest Base Price 69.00
Highest Base Price 80.00
Weighted Average Price 76.61
Negotiated Formula (carcass basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,461
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 31,194 19,570 29,139 2,055
Lowest Base Price 71.07
Highest Base Price 96.14
Weighted Average Price 77.51
Swine/Pork Market Formula (carcass basis)
Head Count 259,691 165,255 189,255 66,647
Lowest Base Price 75.01 75.73 75.73 75.01
Highest Base Price 91.48 90.83 90.83 91.48
Weighted Average Price 85.41 85.16 85.08 86.13
Other Purchase Arrangement (carcass basis)
Head Count 191,689 156,833 160,504 28,775
Lowest Base Price 70.02 70.02 70.02 76.42
Highest Base Price 102.93 101.13 101.13 102.93
Weighted Average Price 82.76 82.23 82.27 84.96
Negotiated (live basis)
Head Count 626
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 316
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 942
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 -14.62 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# .00 .00 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog217.03 lb carcass .58 inch back-fat
8.24 square inch loin 2.74 inch loin depth FFLI: 54.47
Price Range $76.50 - $84.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,910 Iowa 254,737
Illinois 29,153 Indiana 26,514
Kansas 1,328 Kentucky 1,450
Michigan 9,234 Minnesota 89,712
Missouri 4,171 Montana 219
North Carolina 7,713 North Dakota 340
Nebraska 21,885 Ohio 26,609
Oklahoma 1,704 Pennsylvania 4,729
South Dakota 13,210 Wisconsin 1,260
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