USDA National Daily Direct Morning Hog Report 12/29 11:00
12/29/2025 | 11:00 am CST USDA National Daily Direct Morning Hog Report 12/29 11:00
LSDLM_HG216
Des Moines, IA Mon, Dec 29, 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 2,864 1,614 2,345 956
Other Market Formula 34,855 34,231 29,187 44,334
Swine/Pork Market Formula 172,259 161,864 143,921 176,891
Other Purchase Arrangement 167,589 165,910 149,225 172,629
Negotiated Formula 424 424 166 1,699
Pack. Sold (all purchase types) 39,699 39,699 34,512 45,737
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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
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 90
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 90
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 34,859 20,182 29,227 5,632
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 183,027 107,964 129,341 46,177
Lowest Base Price 67.19 68.19 67.19 69.67
Highest Base Price 91.85 89.89 89.89 91.85
Weighted Average Price 83.01 82.36 82.22 85.04
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 163,916 134,854 136,965 25,807
Lowest Base Price 68.32 68.32 68.32 75.82
Highest Base Price 105.00 94.72 94.72 105.00
Weighted Average Price 80.58 79.52 79.61 85.46
Change from Previous Day
Negotiated (live basis)
Head Count 1,343
Lowest Base Price 47.50
Highest Base Price 55.50
Weighted Average Price 53.14
Change from Previous Day
Negotiated Formula (live basis)
Head Count 334
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,677
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
Arkansas 165 Canada 4,504
Iowa 202,095 Idaho 130
Illinois 24,397 Indiana 18,394
Kansas 3,154 Kentucky 2,229
Michigan 6,057 Minnesota 62,664
Missouri 5,617 Montana 677
North Carolina 14,952 North Dakota 713
Nebraska 20,739 Ohio 16,191
Oklahoma 3,751 Pennsylvania 4,963
South Dakota 8,385 Tennessee 3,795
Wisconsin 170
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