USDA National Daily Direct Hog Prior Day Report 12/12 07:55
12/12/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/12 07:55
LM_HG218
Des Moines, IA Fri, Dec 12, 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 3,789 2,155 3,323
Other Market Formula 27,395 18,422 23,689
Swine/Pork Market Formula 125,697 121,786 130,629
Other Purchase Arrangement 68,172 63,002 52,680
Negotiated Formula 639 955 809
Pack. Sold (all purchase types) 32,307 32,852 33,956
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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 2,473 23,777 121,147 64,396 320 212,113
Base Price 71.78 85.52 82.74 83.99 83.30
Packer Sold
Head Count 32,207
Base Price 82.87
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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 2,473
Lowest Base Price 60.00
Highest Base Price 74.00
Weighted Average Price 71.78 70.59 70.59
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,793
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 28,487 19,408 26,272 2,215
Lowest Base Price 72.99 72.99 72.99 76.81
Highest Base Price 99.50 99.50 99.50 84.33
Weighted Average Price 85.13 87.39 85.65 79.00
Swine/Pork Market Formula (carcass basis)
Head Count 145,853 80,429 99,098 42,171
Lowest Base Price 70.05 70.05 70.05 72.31
Highest Base Price 91.44 90.93 90.93 91.44
Weighted Average Price 82.78 82.28 82.24 84.06
Other Purchase Arrangement (carcass basis)
Head Count 67,187 40,618 44,378 20,218
Lowest Base Price 72.98 75.27 75.27 72.98
Highest Base Price 104.47 92.45 94.30 104.47
Weighted Average Price 83.89 83.26 83.64 84.24
Negotiated (live basis)
Head Count 887
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 319
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,206
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# -7.15 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.00 .00 215# -8.00 4.00
165# -25.00 .00 195# -.50 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog217.52 lb carcass .68 inch back-fat
8.06 square inch loin 2.68 inch loin depth FFLI: 52.92
Price Range $67.00 - $75.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,937 Colorado 158
Iowa 88,817 Idaho 249
Illinois 17,217 Indiana 18,088
Kansas 1,465 Kentucky 1,428
Michigan 6,906 Minnesota 54,201
Missouri 4,998 Montana 213
North Carolina 7,342 Nebraska 16,093
Ohio 17,512 Oklahoma 1,720
Pennsylvania 4,713 South Dakota 9,347
Texas 100 Wisconsin 330
Wyoming 165
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