USDA National Daily Direct Hog Prior Day Report 12/01 07:55
12/01/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/01 07:55
LM_HG218
Des Moines, IA Mon, Dec 01, 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 2,527 2,542 2,560
Other Market Formula 25,803 30,399 53,859
Swine/Pork Market Formula 215,342 169,197 240,526
Other Purchase Arrangement 203,292 161,327 187,993
Negotiated Formula 1,701 963 1,432
Pack. Sold (all purchase types) 40,261 48,155 50,980
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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 993 20,211 205,803 196,336 440 423,783
Base Price 72.28 81.17 78.90 79.89
Packer Sold
Head Count 40,261
Base Price 81.29
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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 993
Lowest Base Price 65.00
Highest Base Price 76.00
Weighted Average Price 72.28 72.88 72.88
Negotiated Formula (carcass basis)
Head Count 440
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,433
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 27,001 12,106 22,176 4,825
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 233,476 138,700 168,025 64,535
Lowest Base Price 71.19 71.19 71.19 73.44
Highest Base Price 88.59 86.09 86.09 88.59
Weighted Average Price 81.21 80.95 80.91 81.98
Other Purchase Arrangement (carcass basis)
Head Count 202,134 167,220 171,900 27,813
Lowest Base Price 73.17 75.02 75.02 73.17
Highest Base Price 97.84 94.81 94.81 97.84
Weighted Average Price 78.95 78.08 78.24 82.82
Negotiated (live basis)
Head Count 1,146
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 1,261
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,407
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# -7.05 .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 Hog218.12 lb carcass .59 inch back-fat
8.42 square inch loin 2.80 inch loin depth FFLI: 54.41
Price Range $71.91 - $76.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,327 Colorado 160
Iowa 244,550 Idaho 150
Illinois 35,465 Indiana 29,291
Kansas 3,522 Kentucky 3,259
Michigan 9,769 Minnesota 76,124
Missouri 4,128 Montana 444
North Carolina 8,049 North Dakota 455
Nebraska 25,708 Ohio 22,376
Pennsylvania 3,346 South Dakota 16,061
Tennessee 1,815 Wisconsin 927
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