USDA National Daily Direct Morning Hog Report 11/06 11:00
11/06/2025 | 11:00 am CST USDA National Daily Direct Morning Hog Report 11/06 11:00
LSDLM_HG216
Des Moines, IA Thu, Nov 06, 2025
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 2,048 1,548 1,079 1,343
Other Market Formula 14,075 13,735 17,877 39,749
Swine/Pork Market Formula 106,464 92,297 87,737 94,930
Other Purchase Arrangement 60,518 57,317 54,235 50,505
Negotiated Formula 984 1,160
Pack. Sold (all purchase types) 29,092 29,092 23,756 25,409
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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 832
Lowest Base Price 81.00
Highest Base Price 86.00
Weighted Average Price 84.67 85.15 84.79
Change from Previous Day -1.72 -1.85
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 832
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 14,150 7,684 12,439 1,711
Lowest Base Price 71.25 74.92
Highest Base Price 91.29 87.70
Weighted Average Price 78.78 81.29
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 111,128 59,554 71,733 36,114
Lowest Base Price 81.52 81.52 81.52 82.04
Highest Base Price 93.86 92.90 92.90 93.86
Weighted Average Price 88.46 88.28 88.11 88.86
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 56,400 33,423 35,724 18,761
Lowest Base Price 77.91 77.91 77.91 79.17
Highest Base Price 102.93 99.94 99.94 102.93
Weighted Average Price 88.57 88.18 88.16 89.06
Change from Previous Day
Negotiated (live basis)
Head Count 716
Lowest Base Price 53.75
Highest Base Price 67.55
Weighted Average Price 61.66
Change from Previous Day -3.29
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 716
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
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CARCASS WEIGHT DIFFERENTIALS
145# -26.00 -13.00 175# -4.00 .00 205# .00 4.00
155# -26.00 -5.00 185# -1.50 .00 215# -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 Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.90
Price Range $86.00 - $89.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,525 Iowa 66,097
Idaho 150 Illinois 17,785
Indiana 8,681 Kansas 1,181
Kentucky 1,109 Michigan 6,893
Minnesota 35,969 Missouri 3,013
Montana 213 North Carolina 7,377
North Dakota 269 Nebraska 13,911
Ohio 15,684 Oklahoma 1,572
Pennsylvania 4,809 South Dakota 4,272
Wisconsin 479
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