USDA National Daily Direct Morning Hog Report 12/05 11:00
12/05/2025 | 11:00 am CST USDA National Daily Direct Morning Hog Report 12/05 11:00
LSDLM_HG216
Des Moines, IA Fri, Dec 05, 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 2,998 1,748 738 484
Other Market Formula 15,559 15,219 16,983 18,908
Swine/Pork Market Formula 108,424 92,429 75,143 100,581
Other Purchase Arrangement 60,770 57,672 55,777 49,556
Negotiated Formula 1,120 1,120 960 430
Pack. Sold (all purchase types) 27,876 27,876 26,147 30,722
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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 1,432
Lowest Base Price 63.00
Highest Base Price 74.00
Weighted Average Price 72.52 71.99
Change from Previous Day .44
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,752
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 15,871 10,231 14,091 1,780
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 110,931 60,808 71,323 35,667
Lowest Base Price 70.88 70.88 70.88 73.40
Highest Base Price 86.68 86.35 86.35 86.68
Weighted Average Price 80.78 80.33 80.22 81.73
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 56,380 36,741 38,546 16,051
Lowest Base Price 73.40 75.91 75.91 73.40
Highest Base Price 97.97 90.16 90.16 97.97
Weighted Average Price 82.94 81.89 81.98 85.00
Change from Previous Day
Negotiated (live basis)
Head Count 636
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 800
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,436
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# -32.00 -14.62 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.00 .00 215# -8.00 4.00
165# -25.00 .00 195# -.50 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog1 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.62
Price Range $70.00 - $76.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,899 Colorado 258
Iowa 78,787 Illinois 15,874
Indiana 10,187 Kansas 673
Kentucky 890 Michigan 6,890
Minnesota 29,974 Missouri 3,255
Montana 221 North Carolina 7,742
North Dakota 367 Nebraska 12,274
New York 170 Ohio 13,541
Oklahoma 1,654 Pennsylvania 4,325
South Dakota 2,570 Wisconsin 513
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