USDA National Daily Direct Hog Prior Day Report 12/15 07:45
12/15/2025 | 7:45 am CST USDA National Daily Direct Hog Prior Day Report 12/15 07:45
LM_HG218
Des Moines, IA Mon, Dec 15, 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 2,809 2,293 2,339
Other Market Formula 42,909 32,082 31,929
Swine/Pork Market Formula 192,036 198,381 165,196
Other Purchase Arrangement 210,517 208,181 177,998
Negotiated Formula 1,275 2,265 1,001
Pack. Sold (all purchase types) 61,154 57,099 43,067
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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 1,855 38,723 186,515 204,191 635 431,919
Base Price 71.55 85.40 83.42 80.02 81.93
Packer Sold
Head Count 61,087
Base Price 82.82
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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 1,855
Lowest Base Price 57.00
Highest Base Price 74.00
Weighted Average Price 71.55 71.37 71.66
Negotiated Formula (carcass basis)
Head Count 635
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,490
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 47,013 28,635 40,869 6,144
Lowest Base Price 73.00 73.00 73.00 77.61
Highest Base Price 100.83 100.50 100.50 100.83
Weighted Average Price 85.01 85.91 84.24 90.13
Swine/Pork Market Formula (carcass basis)
Head Count 231,835 140,418 164,360 62,276
Lowest Base Price 71.37 72.01 71.37 73.95
Highest Base Price 92.91 90.35 90.35 92.91
Weighted Average Price 83.30 82.90 82.78 84.60
Other Purchase Arrangement (carcass basis)
Head Count 211,668 181,079 185,784 24,421
Lowest Base Price 73.21 75.67 75.67 73.21
Highest Base Price 104.47 94.16 94.16 104.47
Weighted Average Price 80.11 79.27 79.44 84.82
Negotiated (live basis)
Head Count 560
Lowest Base Price 45.00
Highest Base Price 57.50
Weighted Average Price 52.82
Negotiated Formula (live basis)
Head Count 640
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,200
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 -14.62 175# -7.25 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 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 Hog218.58 lb carcass .69 inch back-fat
8.06 square inch loin 2.68 inch loin depth FFLI: 52.77
Price Range $64.00 - $74.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,423 Iowa 265,143
Illinois 25,959 Indiana 24,692
Kansas 2,404 Kentucky 1,645
Michigan 9,352 Minnesota 88,328
Missouri 5,979 Montana 441
North Carolina 10,687 Nebraska 28,677
Ohio 24,248 Oklahoma 1,719
Pennsylvania 5,004 South Dakota 9,661
Wisconsin 338
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