USDA National Daily Direct Hog Prior Day Report 12/29 08:20
12/29/2025 | 8:20 am CST USDA National Daily Direct Hog Prior Day Report 12/29 08:20
LM_HG218
Des Moines, IA Mon, Dec 29, 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 2,092 2,121 3,324
Other Market Formula 36,552 30,408 48,101
Swine/Pork Market Formula 213,806 201,836 242,528
Other Purchase Arrangement 180,243 159,592 298,995
Negotiated Formula 424 813 2,206
Pack. Sold (all purchase types) 59,226 53,786 61,114
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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 708 33,834 205,709 174,210 90 414,551
Base Price 67.17 81.87 80.05 80.90
Packer Sold
Head Count 59,226
Base Price 83.01
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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 708
Lowest Base Price 65.00
Highest Base Price 68.00
Weighted Average Price 67.17 67.17 67.17
Negotiated Formula (carcass basis)
Head Count 90
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 798
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 40,844 22,467 33,892 6,952
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 249,340 151,768 182,259 59,396
Lowest Base Price 67.19 68.19 67.19 69.69
Highest Base Price 89.89 89.89 89.89 88.95
Weighted Average Price 82.09 81.69 81.59 83.34
Other Purchase Arrangement (carcass basis)
Head Count 182,795 152,956 155,397 26,586
Lowest Base Price 68.32 68.32 68.32 73.10
Highest Base Price 105.00 95.72 95.72 105.00
Weighted Average Price 80.09 79.51 79.60 82.82
Negotiated (live basis)
Head Count 1,113
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 334
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,447
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# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .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 Hog217.64 lb carcass .68 inch back-fat
7.91 square inch loin 2.63 inch loin depth FFLI: 52.83
Price Range $65.00 - $72.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Arkansas 165 Canada 4,197
Iowa 250,765 Illinois 25,269
Indiana 28,337 Kansas 4,014
Kentucky 2,367 Michigan 8,691
Minnesota 79,063 Missouri 5,777
North Carolina 14,660 North Dakota 864
Nebraska 28,431 Ohio 15,688
Oklahoma 3,751 Pennsylvania 4,844
South Dakota 11,335 Tennessee 3,795
Wisconsin 330
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