USDA National Daily Direct Morning Hog Report 11/13 10:50
11/13/2025 | 10:50 am CST USDA National Daily Direct Morning Hog Report 11/13 10:50
LSDLM_HG216
Des Moines, IA Thu, Nov 13, 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 2,726 1,476 1,548 2,016
Other Market Formula 18,474 18,134 13,735 25,618
Swine/Pork Market Formula 99,231 86,471 92,297 92,090
Other Purchase Arrangement 54,694 51,496 57,317 53,112
Negotiated Formula 1,254 1,254 831
Pack. Sold (all purchase types) 25,487 25,487 29,092 25,654
--------------------------------------------------------------------------------
Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
---------------------------------------------
Negotiated (carcass basis)
Head Count 755
Lowest Base Price 72.00
Highest Base Price 83.00
Weighted Average Price 80.36
Change from Previous Day -1.21
Negotiated Formula (carcass basis)
Head Count 100
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 855
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,591 8,584 13,466 6,125
Lowest Base Price 69.25 72.77
Highest Base Price 93.73 93.73
Weighted Average Price 78.43 79.68
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 99,761 53,484 64,095 32,473
Lowest Base Price 79.89 79.91 79.91 79.89
Highest Base Price 92.13 91.17 91.17 92.13
Weighted Average Price 86.37 86.07 85.84 87.09
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 52,140 32,782 34,712 15,827
Lowest Base Price 72.00 75.38 75.38 72.00
Highest Base Price 97.68 95.38 95.38 97.68
Weighted Average Price 86.50 85.66 85.74 87.91
Change from Previous Day
Negotiated (live basis)
Head Count 721
Lowest Base Price 51.75
Highest Base Price 63.25
Weighted Average Price 57.01
Change from Previous Day
Negotiated Formula (live basis)
Head Count 1,154
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,875
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -25.00 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.66
Price Range $79.50 - $87.00
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,222 Iowa 60,507
Idaho 151 Illinois 16,962
Indiana 6,264 Kansas 1,025
Kentucky 2,084 Michigan 6,035
Minnesota 35,842 Missouri 3,292
Montana 216 North Carolina 7,451
Nebraska 12,676 Ohio 14,481
Oklahoma 1,747 Pennsylvania 4,823
South Dakota 3,254 Tennessee 2,805
Wisconsin 481
--------------------------------------------------------------------------------
[0600059D]