USDA National Daily Direct Hog Prior Day Report 12/16 07:50
12/16/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/16 07:50
LM_HG218
Des Moines, IA Tue, Dec 16, 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 4,684 3,930 3,081
Other Market Formula 28,381 18,624 22,960
Swine/Pork Market Formula 124,757 124,521 122,798
Other Purchase Arrangement 63,106 60,419 56,264
Negotiated Formula 1,310 1,089 100
Pack. Sold (all purchase types) 33,424 31,972 42,315
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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 2,854 25,588 118,680 59,286 320 206,728
Base Price 71.79 82.41 83.04 84.68 83.27
Packer Sold
Head Count 33,376
Base Price 83.16
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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 3,029
Lowest Base Price 65.00
Highest Base Price 74.00
Weighted Average Price 71.69 70.85 70.85
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,349
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 29,988 10,532 18,867 11,121
Lowest Base Price 73.00 77.13
Highest Base Price 100.00 100.00
Weighted Average Price 82.54 85.09
Swine/Pork Market Formula (carcass basis)
Head Count 143,500 82,745 101,529 36,027
Lowest Base Price 72.06 72.06 72.06 73.68
Highest Base Price 94.46 90.98 90.98 94.46
Weighted Average Price 83.08 82.86 82.74 83.92
Other Purchase Arrangement (carcass basis)
Head Count 63,267 40,192 42,446 18,775
Lowest Base Price 74.08 75.42 75.42 74.08
Highest Base Price 98.92 93.30 93.30 98.92
Weighted Average Price 84.58 83.92 84.02 85.56
Negotiated (live basis)
Head Count 970
Lowest Base Price 48.75
Highest Base Price 56.85
Weighted Average Price 54.86
Negotiated Formula (live basis)
Head Count 990
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,960
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 -13.00 175# -7.15 .00 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .00 215# .00 4.00
165# -25.00 -5.00 195# .00 3.00 225# .00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog219.64 lb carcass .68 inch back-fat
7.91 square inch loin 2.63 inch loin depth FFLI: 52.81
Price Range $65.00 - $75.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 7,764 Iowa 94,737
Idaho 30 Illinois 22,086
Indiana 21,778 Kansas 2,057
Kentucky 1,012 Maryland 160
Michigan 5,598 Minnesota 43,265
Missouri 4,062 Montana 675
North Carolina 7,727 North Dakota 118
Nebraska 14,966 Ohio 11,177
Oklahoma 1,867 Pennsylvania 4,290
South Dakota 11,982 Wisconsin 311
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