USDA National Daily Direct Hog Prior Day Report 12/10 07:55
12/10/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/10 07:55
LM_HG218
Des Moines, IA Wed, Dec 10, 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 4,516 8,788 6,775
Other Market Formula 17,012 20,074 29,624
Swine/Pork Market Formula 131,328 125,473 128,406
Other Purchase Arrangement 64,495 61,975 59,527
Negotiated Formula 1,675 312 40
Pack. Sold (all purchase types) 34,306 32,760 38,056
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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 3,246 14,029 125,793 60,576 694 204,338
Base Price 70.69 81.81 82.76 81.69
Packer Sold
Head Count 34,206
Base Price 81.46
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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 4,846
Lowest Base Price 62.00
Highest Base Price 74.00
Weighted Average Price 71.45 70.48 70.48
Negotiated Formula (carcass basis)
Head Count 694
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,540
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,494 9,685 15,980 2,514
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 149,580 85,264 103,449 41,152
Lowest Base Price 70.92 70.92 70.92 72.30
Highest Base Price 89.30 88.72 88.72 89.30
Weighted Average Price 81.79 81.55 81.41 82.66
Other Purchase Arrangement (carcass basis)
Head Count 64,930 38,901 42,166 20,330
Lowest Base Price 65.00 75.27 75.27 65.00
Highest Base Price 104.47 91.31 91.31 104.47
Weighted Average Price 82.70 82.25 82.40 83.04
Negotiated (live basis)
Head Count 930
Lowest Base Price 47.75
Highest Base Price 57.35
Weighted Average Price 54.45
Negotiated Formula (live basis)
Head Count 981
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,911
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 -13.00 175# -7.15 1.00 205# .00 4.00
155# -30.00 -9.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -3.37 195# -.50 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog217.11 lb carcass .67 inch back-fat
8.06 square inch loin 2.68 inch loin depth FFLI: 53.07
Price Range $65.00 - $76.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 88 Canada 6,892
Iowa 90,178 Illinois 20,800
Indiana 14,987 Kansas 1,764
Kentucky 1,440 Michigan 7,345
Minnesota 48,676 Missouri 3,966
North Carolina 7,254 North Dakota 170
Nebraska 15,815 Ohio 17,224
Oklahoma 1,689 Pennsylvania 5,083
South Dakota 9,203 Texas 100
Wisconsin 658
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