USDA National Daily Direct Morning Hog Report 12/19 11:00
12/19/2025 | 11:00 am CST USDA National Daily Direct Morning Hog Report 12/19 11:00
LSDLM_HG216
Des Moines, IA Fri, Dec 19, 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 4,086 2,836 1,626 835
Other Market Formula 14,199 12,859 18,316 22,612
Swine/Pork Market Formula 100,078 88,167 82,863 92,907
Other Purchase Arrangement 50,384 46,762 51,074 53,331
Negotiated Formula 165 165 789 170
Pack. Sold (all purchase types) 25,428 25,428 30,797 31,500
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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 670
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 670
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 10,042 6,711 9,552 490
Lowest Base Price 75.31 75.67 75.40
Highest Base Price 90.97 90.97 90.97
Weighted Average Price 80.34 81.38 80.35
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 104,536 60,113 68,104 31,393
Lowest Base Price 69.22 69.22 69.22 69.90
Highest Base Price 91.58 90.32 90.32 91.58
Weighted Average Price 83.26 82.58 82.49 84.91
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 49,341 31,304 33,204 14,831
Lowest Base Price 70.87 74.93 70.87 78.52
Highest Base Price 104.47 92.40 92.40 104.47
Weighted Average Price 85.18 84.04 83.96 87.73
Change from Previous Day
Negotiated (live basis)
Head Count 1,750
Lowest Base Price 43.50
Highest Base Price 55.25
Weighted Average Price 52.03
Change from Previous Day
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,915
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 5,654 Colorado 296
Iowa 70,496 Idaho 150
Illinois 14,906 Indiana 6,114
Kansas 1,665 Kentucky 1,451
Michigan 5,205 Minnesota 29,729
Missouri 2,847 North Carolina 7,211
Nebraska 7,605 Ohio 12,306
Oklahoma 1,869 Pennsylvania 4,680
South Dakota 2,897 Wisconsin 1,136
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