USDA National Daily Direct Hog Prior Day Report 11/19 08:05
11/19/2025 | 8:05 am CST USDA National Daily Direct Hog Prior Day Report 11/19 08:05
LM_HG218
Des Moines, IA Wed, Nov 19, 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 6,335 3,706 5,202
Other Market Formula 17,144 17,918 31,488
Swine/Pork Market Formula 131,361 130,709 141,688
Other Purchase Arrangement 60,621 57,611 60,376
Negotiated Formula 988 511 530
Pack. Sold (all purchase types) 33,964 31,299 34,391
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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 4,604 13,682 126,442 56,225 495 201,448
Base Price 74.96 84.70 84.52 83.96
Packer Sold
Head Count 33,760
Base Price 83.39
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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 4,604
Lowest Base Price 68.00
Highest Base Price 77.00
Weighted Average Price 74.96 74.99 74.96
Negotiated Formula (carcass basis)
Head Count 495
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,099
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 20,232 9,339 17,204 3,028
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 150,152 85,713 101,610 44,099
Lowest Base Price 74.71 74.71 74.71 77.06
Highest Base Price 90.70 89.09 89.09 90.70
Weighted Average Price 84.72 84.19 84.20 85.60
Other Purchase Arrangement (carcass basis)
Head Count 59,725 37,380 38,560 19,549
Lowest Base Price 68.91 68.91 68.91 72.00
Highest Base Price 97.33 93.07 93.07 97.33
Weighted Average Price 84.38 83.43 83.52 85.70
Negotiated (live basis)
Head Count 1,162
Lowest Base Price 47.25
Highest Base Price 60.55
Weighted Average Price 58.27 57.94
Negotiated Formula (live basis)
Head Count 493
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,655
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# -7.60 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -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 Hog218.62 lb carcass .59 inch back-fat
8.15 square inch loin 2.71 inch loin depth FFLI: 54.25
Price Range $74.00 - $81.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 11 Canada 5,243
Iowa 88,958 Illinois 22,106
Indiana 16,905 Kansas 1,195
Kentucky 1,226 Michigan 6,791
Minnesota 49,442 Missouri 1,829
Montana 218 North Carolina 7,289
North Dakota 170 Nebraska 16,867
Ohio 17,361 Oklahoma 1,794
Pennsylvania 3,959 South Dakota 8,292
Wisconsin 757
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