USDA National Daily Direct Hog Prior Day Report 12/26 07:50
12/26/2025 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 12/26 07:50
LM_HG218
Des Moines, IA Fri, Dec 26, 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
--------------------------
Producer Sold
Negotiated 1,222 3,456 999
Other Market Formula 26,895 21,946 26,954
Swine/Pork Market Formula 65,078 129,565 128,237
Other Purchase Arrangement 48,277 58,416 46,771
Negotiated Formula 330 998
Pack. Sold (all purchase types) 19,013 30,048 35,304
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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 1,052 25,420 62,665 47,112 136,249
Base Price 83.43 80.53 83.87 82.12
Packer Sold
Head Count 19,013
Base Price 81.10
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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 1,052
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,052
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 28,635 21,587 25,857 2,778
Lowest Base Price 74.59 74.59 74.59
Highest Base Price 88.58 88.58 88.58
Weighted Average Price 83.60 83.95 83.85
Swine/Pork Market Formula (carcass basis)
Head Count 74,833 50,982 60,392 13,813
Lowest Base Price 69.60 69.60 69.60 75.17
Highest Base Price 88.55 88.55 88.55 86.72
Weighted Average Price 80.50 80.53 80.39 80.70
Other Purchase Arrangement (carcass basis)
Head Count 50,742 36,347 38,647 10,152
Lowest Base Price 75.30 75.46 75.46 75.30
Highest Base Price 99.47 94.72 96.39 99.47
Weighted Average Price 83.61 82.63 83.14 84.99
Negotiated (live basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 170
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,232 Iowa 62,699
Illinois 12,387 Indiana 9,793
Kansas 1,372 Kentucky 350
Michigan 3,380 Minnesota 47,404
Missouri 2,760 Nebraska 7,875
Ohio 3,336 Pennsylvania 845
South Dakota 4,722 Wisconsin 330
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