USDA National Daily Direct Morning Hog Report 11/07 10:40
11/07/2025 | 10:40 am CST USDA National Daily Direct Morning Hog Report 11/07 10:40
LSDLM_HG216
Des Moines, IA Fri, Nov 07, 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 2,416 1,916 1,136 1,420
Other Market Formula 16,156 15,816 23,592 19,982
Swine/Pork Market Formula 114,787 98,069 101,276 91,625
Other Purchase Arrangement 55,840 53,577 48,343 44,830
Negotiated Formula 904 904 1,137 837
Pack. Sold (all purchase types) 27,612 27,612 26,872 27,168
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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 546
Lowest Base Price 77.00
Highest Base Price 85.00
Weighted Average Price 84.48
Change from Previous Day -.19
Negotiated Formula (carcass basis)
Head Count 440
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 986
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 16,563 10,204 15,319 1,244
Lowest Base Price 71.25
Highest Base Price 92.44
Weighted Average Price 77.75
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 116,606 65,711 74,538 38,427
Lowest Base Price 79.84 81.68 79.84 81.22
Highest Base Price 93.60 92.68 92.86 93.60
Weighted Average Price 87.71 87.33 87.19 88.36
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 52,134 30,880 32,515 18,321
Lowest Base Price 72.15 72.15 72.15 79.64
Highest Base Price 97.74 96.66 96.66 97.74
Weighted Average Price 87.41 86.64 86.64 88.54
Change from Previous Day
Negotiated (live basis)
Head Count 1,345
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 464
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,809
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# -25.00 -14.62 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# .00 .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 Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.07
Price Range $84.50 - $88.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,596 Colorado 319
Iowa 75,798 Illinois 18,915
Indiana 13,936 Kansas 985
Kentucky 170 Michigan 5,502
Minnesota 31,772 Missouri 1,460
Montana 217 North Carolina 7,686
North Dakota 170 Nebraska 14,250
Ohio 13,760 Oklahoma 1,551
Pennsylvania 4,671 South Dakota 1,644
Wisconsin 492
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