USDA National Daily Direct Hog Prior Day Report 12/19 08:00
12/19/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/19 08:00
LM_HG218
Des Moines, IA Fri, Dec 19, 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 3,456 3,789 2,994
Other Market Formula 21,946 27,395 22,688
Swine/Pork Market Formula 129,565 125,697 128,439
Other Purchase Arrangement 58,416 68,172 55,144
Negotiated Formula 330 639 510
Pack. Sold (all purchase types) 30,048 32,307 34,875
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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 1,075 18,305 124,397 54,279 160 198,216
Base Price 67.93 83.02 85.38 83.30
Packer Sold
Head Count 30,034
Base Price 83.30
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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 1,200
Lowest Base Price 65.00
Highest Base Price 71.00
Weighted Average Price 68.14 68.22 68.01
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,360
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 21,230 12,390 18,790 2,440
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 148,478 82,759 99,109 44,008
Lowest Base Price 69.71 69.71 69.71 69.71
Highest Base Price 92.63 90.32 90.32 92.63
Weighted Average Price 83.08 82.56 82.50 84.30
Other Purchase Arrangement (carcass basis)
Head Count 57,182 36,716 39,466 15,608
Lowest Base Price 70.87 74.93 70.87 73.10
Highest Base Price 104.47 92.40 96.78 104.47
Weighted Average Price 85.21 84.35 84.53 86.71
Negotiated (live basis)
Head Count 1,816
Lowest Base Price 43.50
Highest Base Price 56.05
Weighted Average Price 52.33
Negotiated Formula (live basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,986
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 -13.00 175# -7.10 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog220.18 lb carcass .69 inch back-fat
7.88 square inch loin 2.62 inch loin depth FFLI: 52.65
Price Range $65.00 - $74.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Arkansas 1 Canada 6,884
Colorado 296 Iowa 93,893
Illinois 17,641 Indiana 15,182
Kansas 2,520 Kentucky 1,565
Michigan 7,838 Minnesota 41,155
Missouri 3,182 Montana 224
North Carolina 7,211 Nebraska 15,532
Ohio 15,818 Oklahoma 1,872
Pennsylvania 4,702 South Dakota 6,981
Texas 3 Wisconsin 1,261
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