USDA National Daily Direct Hog Prior Day Report 12/05 08:00
12/05/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/05 08:00
LM_HG218
Des Moines, IA Fri, Dec 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 2,155 2,633 1,435
Other Market Formula 18,422 18,990 17,117
Swine/Pork Market Formula 121,786 118,823 125,533
Other Purchase Arrangement 63,002 67,235 52,253
Negotiated Formula 955 165
Pack. Sold (all purchase types) 32,852 34,036 32,691
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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 1,090 15,559 116,744 58,880 320 192,593
Base Price 71.73 80.95 82.74 81.17
Packer Sold
Head Count 32,617
Base Price 80.29
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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 3,810
Lowest Base Price 68.00
Highest Base Price 74.00
Weighted Average Price 72.64
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,130
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 19,544 11,868 17,098 2,446
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 140,362 77,531 93,429 42,566
Lowest Base Price 70.88 70.88 70.88 73.52
Highest Base Price 88.45 86.35 86.35 88.45
Weighted Average Price 80.95 80.45 80.40 81.98
Other Purchase Arrangement (carcass basis)
Head Count 61,339 40,145 42,430 16,649
Lowest Base Price 73.10 75.91 75.91 73.10
Highest Base Price 97.97 92.98 92.98 97.97
Weighted Average Price 82.67 82.01 82.09 83.95
Negotiated (live basis)
Head Count 839
Lowest Base Price 45.25
Highest Base Price 57.85
Weighted Average Price 52.46
Negotiated Formula (live basis)
Head Count 635
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,474
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# -32.00 -14.62 175# -4.00 .00 205# .00 4.00
155# -26.00 -5.00 185# -1.00 .00 215# -8.00 4.00
165# -26.00 .00 195# -.50 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog218.71 lb carcass .65 inch back-fat
8.55 square inch loin 2.84 inch loin depth FFLI: 53.62
Price Range $71.45 - $76.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 7,052 Colorado 258
Iowa 94,443 Idaho 249
Illinois 20,609 Indiana 13,054
Kansas 1,008 Kentucky 1,328
Michigan 7,287 Minnesota 36,342
Missouri 3,627 Montana 222
North Carolina 7,742 North Dakota 170
Nebraska 14,918 New York 170
Ohio 17,264 Oklahoma 1,654
Pennsylvania 4,312 South Dakota 7,133
Wisconsin 495
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