USDA National Daily Direct Morning Hog Report 12/01 11:00
12/01/2025 | 11:00 am CST USDA National Daily Direct Morning Hog Report 12/01 11:00
LSDLM_HG216
Des Moines, IA Mon, Dec 01, 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 3,019 1,769 657 1,566
Other Market Formula 24,962 24,636 26,974 43,104
Swine/Pork Market Formula 195,782 186,999 112,138 175,126
Other Purchase Arrangement 206,084 204,093 151,022 183,319
Negotiated Formula 1,361 1,361 495 399
Pack. Sold (all purchase types) 37,608 37,608 36,041 41,766
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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 175
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 400
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 575
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 25,582 11,824 21,534 4,048
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 202,797 116,271 140,844 59,202
Lowest Base Price 71.19 71.19 71.19 73.44
Highest Base Price 87.15 86.09 86.09 87.15
Weighted Average Price 81.33 81.01 80.92 82.14
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 202,209 170,388 174,748 27,301
Lowest Base Price 74.14 75.02 75.02 74.14
Highest Base Price 97.84 89.77 89.77 97.84
Weighted Average Price 79.16 78.25 78.39 84.07
Change from Previous Day
Negotiated (live basis)
Head Count 1,206
Lowest Base Price 46.25
Highest Base Price 56.50
Weighted Average Price 53.78
Change from Previous Day
Negotiated Formula (live basis)
Head Count 961
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,167
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# 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
Canada 3,335 Colorado 160
Iowa 232,025 Illinois 31,704
Indiana 25,814 Kansas 3,522
Kentucky 3,372 Michigan 11,150
Minnesota 68,518 Missouri 3,643
Montana 890 North Carolina 8,050
North Dakota 455 Nebraska 25,338
Ohio 20,687 Pennsylvania 4,150
South Dakota 11,484 Tennessee 1,485
Wisconsin 684
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