USDA National Daily Direct Hog Prior Day Report 12/17 08:00
12/17/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/17 08:00
LM_HG218
Des Moines, IA Wed, Dec 17, 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 2,567 4,516 2,109
Other Market Formula 58,222 17,012 20,332
Swine/Pork Market Formula 120,355 131,328 120,725
Other Purchase Arrangement 64,875 64,495 58,044
Negotiated Formula 647 1,675 540
Pack. Sold (all purchase types) 32,323 34,306 34,689
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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 959 55,259 114,797 60,899 231,914
Base Price 68.41 93.86 83.27 84.24 85.99
Packer Sold
Head Count 32,274
Base Price 83.55
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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 959
Lowest Base Price 64.00
Highest Base Price 72.00
Weighted Average Price 68.41 69.68 68.64
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 959
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 58,364 13,402 18,242 40,122
Lowest Base Price 74.14 74.14 74.14
Highest Base Price 101.54 91.61 91.61
Weighted Average Price 93.36 81.12 81.43
Swine/Pork Market Formula (carcass basis)
Head Count 139,823 77,604 93,030 41,475
Lowest Base Price 70.79 71.66 71.66 70.79
Highest Base Price 92.46 90.68 90.68 92.46
Weighted Average Price 83.29 82.98 82.88 84.28
Other Purchase Arrangement (carcass basis)
Head Count 65,042 44,048 46,118 17,130
Lowest Base Price 65.26 65.26 65.26 73.10
Highest Base Price 98.50 93.44 93.44 98.50
Weighted Average Price 84.22 83.21 83.43 85.98
Negotiated (live basis)
Head Count 872
Lowest Base Price 48.49
Highest Base Price 56.25
Weighted Average Price 55.54
Negotiated Formula (live basis)
Head Count 647
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,519
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# -7.20 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -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 Hog219.76 lb carcass .69 inch back-fat
7.91 square inch loin 2.63 inch loin depth FFLI: 52.67
Price Range $65.00 - $76.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 50 Canada 5,873
Iowa 92,851 Idaho 269
Illinois 55,697 Indiana 15,343
Kansas 2,921 Kentucky 1,205
Michigan 8,033 Minnesota 44,901
Missouri 3,342 North Carolina 7,313
North Dakota 744 Nebraska 13,559
New York 156 Ohio 14,031
Oklahoma 1,882 Pennsylvania 4,890
South Dakota 5,447 Wisconsin 482
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